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River Place Real Estate

By Jeff Ellis

Real Estate Sales Representative with Sky Realty

January 29, 2009 12:45 AM

Market Analysis Report for River Place, Austin TX

This report contains data on all River Place Homes sold over last 6 months.

Property Type: Residential	Status: Sold	Number of Properties: 20
	Beds	Baths	SqFt	Listing Price	LP/SqFt	Selling Price	SP/SqFt	SP/LP	SP/OLP	DOM
High	5	5	10,454	$3,999,000	$520.29	$3,750,000	$475.12	100%	100%	145
Low	3	2	2,163	$319,500	$109.42	$310,000	$106.68	89.6%	82.6%	3
Average	4	3	3,862	$823,368	$180.52	$777,578	$171.76	95.99%	93.53%	66
Median	4	3	3,442	$512,000	$146.88	$502,500	$142.33	97.05%	94.45%	65

Search Criteria
Status	S
Property Type	HOUSE
Subdivision	contains river place
Sold/Lease Date	6 months back

Report time: 1/29/2009 8:40 AM

Comments(2)

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Jim Crawford

Long & Foster - Fredericksburg, VA

Jim Crawford Broker Associate Fredericksburg VA

Looks pretty good. Your numbers do not look too bad on the LP/SP ratios. Are the units sold up or down compared to previous timeframes?

Jan 29, 2009 12:55 AM

Anonymous

Jeff Ellis

The actual sales price average is up, but the total number of transactions is down. Values are still holding strong despite what the national averages are doing. People are still buying homes, they are just the people with good credit. The people with bad credit can no longer get the financing. Dont get me wrong not every area of Austini is like this, there are some bad ones that may be a little closer to those national averages, but for th most part Austin is still doing very well. If you are curious about other areas let me know. Thanks,

Jan 29, 2009 01:31 AM

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Jeff Ellis

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