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Austin Real Estate Week in Review for February 8th, 2016

By
Real Estate Broker/Owner with Potranco Realty 492107

Austin Real Estate Week in Review for February 8th, 2016


Austin Multiple Listings as 02/08/2016 there is 5,843 active listings.

 

Weekly review from January 31, 2016 to February 6, 2016 show new listings were up 1.13% from one year ago, were pending listings were down by 6.17% and sold were down by 10.32%.

 

Average Sold price for 2015 was $301,642 solds in 2016 was $344,850 making a 14.32% difference.

 

Current data for pending listing showing  3,817 currently pending an average price of $335,706 showing a 7.49% increase in the number of pendings with an average 2.75% increase in the average pending list price.

 

During the same week in review for 2015 there were 3,551 pending with an average list price of $326,719.


Austin Real Estate Week in Review for February 8th, 2016 is being brought to you by Bob Ratliff, Broker Associate, REALTOR® (512) 587-5689

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Bob, great market report for Austin and shows you are the expert to call when anyone is looking for a home, or has one to sell! 

Feb 08, 2016 09:37 PM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By Real - Alexandria, VA
Alexandria Virginia Homes For Sale

Bob, I agree with Joan Cox you did a great job on your Austin market report and it's clear you are the agent to call for all Austin real estate needs. I hope you're having a good week!

Feb 09, 2016 01:42 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Bob, Austin is getting very popular and the numbers show so. Have a great evening.

Feb 09, 2016 07:46 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Bob now that inventory is up a little bit may be sales will increase as well.

Feb 09, 2016 07:52 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Bob. Many markets across the country have good reason to be jealous of the activity and growth in your market.

Feb 09, 2016 06:50 PM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

Thank you Joan Cox....

Feb 09, 2016 07:50 PM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

Blush, blush.... thank you Amanda

Feb 09, 2016 07:50 PM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

Austin is booming Noah, thanks for your comment.

Feb 09, 2016 07:51 PM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

Fingers crossed George... have a great evening.

Feb 09, 2016 07:52 PM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

Its been a great ride in the housing market for Austin Joe but all things will eventually come to an end, just hope its not any time soon.

Feb 09, 2016 07:52 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Anyone thinking of buying a home in Austin should call you.

Feb 09, 2016 08:13 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Seems that Austin has lots of opportunities for buyers. Such an active Real Estate market!

Feb 09, 2016 08:34 PM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

thank you for your support Gita

Feb 09, 2016 08:36 PM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

Yes Austin is a happening city Sheila and Larry, I recently read an article that Austin was ranked number one for raising children, however the report was out of 200 cities chose and the magazine wasn't one I'm familiar with. Sound right?

Feb 09, 2016 08:38 PM