Did you know...that here in Austin, we had 10,712 active listings during the same week in 2011? Today there is 8,356 active listings! That is a 21.99% decrease from 2011.
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What does that mean to you if you are thinking of selling your Austin area home? It may be a great time to sell. With lower inventories and continuing sales, a well priced, well staged home in a good location is likely to sell more quickly and for a higher price.
Find out the VALUE of your Austin area home.
Preliminary March 2012 Data:
Units for Sale: (compared to March 2011)
New listings are down 7.90%.
Pendings are up 19.39%.
Solds increased by 16.46%
As for Average Prices:
The "New Listings" average list price is up 3.66% to $342,713. In March 2011 the average list price was $330,627.
Sold average sales prices increased 6.14% to $258,863. For March 2011 it was $243,878.
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