How many homes that hit the market in 2010 actually SOLD? You might be surprised.

January 6, 2011 by · Leave a Comment 

This a question that many Realtors are discussing across the country. The answer is somewhat shocking.

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Denver, Colorado had as few as 1 in 4 homes sell, while  Washington, DC had 6 out of 10 sell.  As far as Austin, Texas goes… we are (in my opinion) the most stable real estate market in the country. We have job growth, we have a strong economy… the list goes on. And how does our sales numbers compare to the rest of the ecomony? Watch the video and read below to find out.

Recently, I was involved in a poll asking Realtors around the country how many homes actually sold in their markets in 2010. See below for a list of cities that had responses:

Knox County, Ohio – 42.54%

Wasilla, Alaska – 38%

Liberty Hill, Texas – 42.45%

Door County, Wisconsin – 25%

York County, South Carolina – 63%

Denver, Colorado – 25%

St. Louis, Missouri – 45.14%

Memphis, TN – 34%

Indianapolis, Indiana – 33.5%how to get back with your ex

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Washington, DC – 63%

Montgomery, Alabama – 43.9%

Chicago, Illinois – 21%

Anoka County, Minnesota – 46.49%

Los Angeles, California – 43.1%

Austin, Texas falls right in the middle…. 51.17%

For every 2 homes that were listed in 2010, 1 SOLD!

See the chart below for the trends over the last 12 years.

If you are considering selling in 2011, join us for our FREE webinar on “How to Sell in a Down Market”.  More information below:

Register now - Selling Your Home in a Buyer's Market


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About Laura

Laura is a third generation native of Austin who grew up in Tarry Town in Central Austin. She is the owner and broker of West Austin Properties and has been selling real estate in the Austin area since 1979. Laura is married to the love of her life, Brad, and they have two grown daughters. Together, they love to explore all of the fun spots Austin has to offer.