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Austin Real Estate Market Statistics Week in Review (February 18, 2014)

By
Real Estate Agent with The Cain Team - Keller Williams Realty

Austin Real Estate Market Statistics Week in Review

If you would like to know the Austin real estate market statistics for the exact area you live in or are looking to buy, check out this link: http://www.cainsellsaustin.com/sell/market-snapshot/

Units for Sale: (compared to the same week in 2013)

For February 9, 2014 - February 15, 2014
New listings are down 0.60% from 1 year ago.
Pendings are up this week 2.74%
Solds are up 6.78%

As for Average Prices:  (compared to the same week in 2013) 
For February 9, 2014 - February 15, 2014
Sold average sales prices increased 3.09% to $286,971 from $278,366 in 2013. 
 

Current pendings = 3,472 pending listings with an average list price of $311,217.  That is a 7.64% decrease in the number of pendings and a 13.54% increase in the average price.  In 2013 we had 3,759 pendings with an average list price of $274,104.