Mon Morning Market Update - Austin Real Estate - July 16th

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Salient snapshot of what is happening in Austin Real Estate today:

• 8,768 homes for sale (Single Family, Condos, Townhouses) (Down this week: +45 homes)
• 3,936 homes under contract!
•    -Almost half of Active Homes
•  We are in a "Seller's Market"
• 12,702 homes have closed so far this year (+588 homes over last week)
• YTD compared to 2011:  +1,591 increase of sold homes YTD

Median Sold Home Stats for Single Family Homes:

• Median price across Greater Austin is going up: $209,000
• Median price as a percentage of list price: 98%
• Median days on market is low, low, low: 35
• Most expensive home sold YTD: $6.54M
• Median SOLD in Travis County: $245,000
• Median SOLD in Williamson County: $181,500

If you are looking for a home in the Greater Austin area and want to know more or need help with your home search--give me a call. 

Tim Thornton
Your Austin area Realtor ®.

Let's Talk.