Midtown Stats through April '09

Well we are done with the 1^st Qtr, what do the numbers mean?  While there are fewer sales than a year ago, our value seems to be holding fairly well.  In two of the three months the average price actually was higher than in 2008. 

Days on market show it's still taking a little longer to sell.  My recent experience is buyers are more inclined to take their time before making a rush decision.  And buyers appear to more educated, as many have been looking for several months to get an accurate feel for a certain market and studying recent sales with their agent.

Stats from local Alamo Title Company show May pendings in general on up ~ stay tuned as we will have that data published as soon as it's available.

MLS Area 2 for rough measures goes from 2222 / Koening Ln to 183, and MOPAC to I-35, or reference the map below.  This area includes neighborhoods like Crestview, Brentwood, surrounding Allandale, Wooten Park and Skyview.