December Austin Real Estate Report – Brisk Austin Housing Market

December 11, 2012 by · Leave a Comment 

The Austin real estate market is brisk with a record number of home sales and even lower inventory than last month.

• Days on the market is the lowest in 7 years
• Highest pendings in 7 years
• Lowest number of homes for sale in 7 years
• Highest market absorption in 6 years
• Home values have increased 5.8% (median) and 8% (average)
from 1 year ago.
• Market is strengthening in between $500,000 and $700,000

To view the 14 page report click here

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Posted by Laura Duggan, West Austin Properties, 512-750-2425,

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.