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| 190 Members and Growing |
This Months Meeting
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Presentation
Ms. Shenoah Peck will review her February 2009 Overall Sales Price Forecast for the Austin Real Estate Market (which was very accurate) as compared to 2008, 2007, and 2006 actual market figures.
Location and Information 3355 Bee Caves Road Building #6 (in rear) Suite 608 (second floor) Austin, Texas 78746-6610 Map: http://bit.ly/28mI1M
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Austin Real Estate Market for February 2010 as published 18 February 2010 | 2010 | Change from |
Active Listing | 8,738 | -5.00% |
Houses Sold | 884 | 5.0% |
Median Sales Price | $179,250 | 1.0% |
Dollar Volume for single-family properties sold | $216,094,684 | 11.0% |
Single family housing inventory for the Central Texas | 6.5 months | |
National housing inventory average |
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Source: Austin Board of Realtors
AUSTIN MARKET OVERVIEW | 2009 | 2008 | Percent | 5-Year | 2009 | 2008 | Percent | 5-Year |
New Listings | 3,316 | 3,146 | 5.4% | 3,438 | 3,316 | 3,146 | 5.4% | 3,438 |
Pending Sales | 1,646 | 1,338 | 23.0% | 1,840 | 1,646 | 1,338 | 23.0% | 1,840 |
Closed Sales | 951 | 910 | 4.5% | 1,313 | 951 | 910 | 4.5% | 1,313 |
Days on Market Until Sale | 79 | 82 | - 3.3% | 75 | 79 | 82 | - 3.3% | 75 |
Median Sales Price | $175,000 | $174,000 | 0.6% | $174,680 | $175,000 | $174,000 | 0.6% | $174,680 |
Average Sales Price | $233,015 | $244,729 | 3.7% | $232,008 | $233,015 | $224,729 | 3.7% | $232,008 |
Total Active Listings Available | 10,744 | NA | - | - | - | - | - | - |
Percent of Original List Price | 93.2% | 91.2% | 2.2% | 94.0% | 94.0% | 91.2% | 3.0% | 93.2% |
Housing Affordability Index | 162 | 156 | 3.9% | 152 | - | - | - | - |
Months Supply of Inventory | 5.9 | NA | - | - | - | - | - | - |
All data from the ABOR Multiple Listing Service.
Reports are created and maintained by the Minneapolis Area Association of REALTORS®.