June Market Report – High Demand and Low Inventory

June 14, 2012 by · Leave a Comment 

·        28% more homes sold last month than the previous month. However the number of homes for sale has only increased 3%.  More buyers and fewer homes is why the average days on market for homes sold is only 59 days.  This is 6% fewer days than last month and 35% less […]

April Austin Market Report – Changing Quickly

April 17, 2012 by · Leave a Comment 

During the Spring and early Summer it is normal to see the number of homes for sale, houses under contract and homes sold increase each month. This trend continues until mid summer. This year the trend continues with some very specific differences. Number of homes for sale are at seven year record lows. This month […]

February Austin Market Report – lowest inventory in 7 years

February 15, 2012 by · Leave a Comment 

For the last four months the number of homes for sale in the Austin area has been at a 7 year low. 6414 homes are currently for sale, 20% fewer than last year and 26% fewer than two years ago. The number of homes sold in January has remained about the same for the last […]

Austin Ranks One of Best Performing Cities

December 19, 2011 by · Leave a Comment 

Once again, Austin is setting records. Austin ranked 4th out of 200 large cities in the Milken Institute’s annual survey of Best-Performing Cities. Austin has consistently ranked well in this prestigious survey having ranked number 2 in 2010 and number 1 in 2009. The Best Performing Cities index includes both long-term (five years) and short-term […]

Austin Real Estate Market Report – December

December 7, 2011 by · Leave a Comment 

Lowest Sales, Highest Pendings, Fewest Listings Historically during October, November and December the number of sales and number of homes for sale decreases each month.  Our market is continuing to follow this pattern.  (See Charts 2 and 3  of the December Market Report for a six year review.) Compared to the prior month, November sales […]

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