Mon Morning Market Update - Austin Real Estate - June 18th

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

• 8,634 homes for sale (Single Family, Condos, Townhouses) (Inventory is Up again ~ 1% from last week; +91 homes)
• 4,191 homes under contract!
•    -That's an incredible percentage of the active homes on the market
• 10,189 homes have closed so far this year (+582 homes over last week)
• YTD compared to 2011:  +1,073 increase of sold homes YTD

Median Sold Home Stats for Single Family Homes:

• Median price across Greater Austin: $202,500
• Median price as a percentage of list price: 97.9%
• Median days on market: 38
• Most expensive home sold YTD: $6.54M
• Median SOLD in Travis County: $242,500
• Median SOLD in Williamson County: $180,494

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.