Single family homes the boilerplate sales price, however, was up 4% compared to 2009. 2010 was an aberrant year, akin because the borough economy. Aftermost Spring saw the end of two homeowner's tax credits. This created an complete animate Spring and a below animate Summer. Recently added buyers accept to be assimilation on the below 5% assimilation ante and the added affordability they are receiving. They are accolade suppressed prices and adequate selection.
Austin continues to be acutely mentioned amidst the Top Cities nationally – the best contempo achievement ABC News' allocation Austin #1 to backfire economically. In a actually adapted category, Men's Health Magazine declared Austin as the Sexiest City in America. Congrats!
If you boilerplate the basal of sales for the aftermost 12 months and bifurcate that bulk into the basal of accustomed animate listings, the aftereffect is declared the basal of Months of Inventory (MOI). In a counterbalanced market, the MOI is amidst 3.5 and 4.5 months. This important bulk is included for the Austin across and in ceremony submarket below:
The Austin Real Estate Market:
Boilerplate ample bulk – up 4% from a year ago to $253,150
Cardinal of Sales YTD – bottomward 5% compared to this time aftermost year
Cardinal of Animate Listings – bottomward hardly from aftermost ages to 10,158 listings
Alive Listings compared to aftermost December – an admission of 9%
Months of Inventory – there is 6.0 MOI; an oversupply, amiable buyers
Boilerplate canicule on exchange – up complete hardly at 77 canicule to sell
The Georgetown Real Estate Market:
Boilerplate ample bulk – bottomward 2.4% from a year ago to $220,360
Cardinal of Sales YTD – up 2.7% compared to this time aftermost year
Cardinal of Animate Listings – bottomward 1% from aftermost ages to 632 listings
Months of Inventory – there is 7.4 months of inventory; an oversupply
The Round Rock Real Estate Market:
Boilerplate ample bulk – up 5.2% from aftermost December to $219,799
Cardinal of Sales YTD – bottomward 7.9% compared to this time aftermost year
Cardinal of Animate Listings – bottomward 2% from aftermost ages to 883 listings
Months of Inventory – bottomward to 4.7 MOI; a slight oversupply
The Pflugerville Real Estate Market:
Boilerplate ample bulk – bottomward 2.5% from a year ago to $160,440
Cardinal of Sales YTD – bottomward 9.4% compared to this time aftermost year
Cardinal of Animate Listings – bottomward 4.6% from aftermost ages to 499 listings
Months of Inventory – there is 4.9 months of inventory; an oversupply
The Cedar Park & Leander Real Estate Market:
Boilerplate ample bulk – is currently bottomward 2.5% to $203,350
Cardinal of Sales YTD – bottomward 7.6% compared to this time aftermost year
Cardinal of Animate Listings – currently complete 769; bottomward 1.8% from aftermost month
Months of Inventory – bottomward to 4.5 months; a slight oversupply
The North & Northwest Market:
Boilerplate ample bulk – up 6.8% from a year ago to $310,940
Cardinal of Sales YTD – bottomward 8.1% compared to this time aftermost year
Cardinal of Animate Listings – bottomward 2.6% from aftermost ages to 457 listings
This additionally reflects a 23% admission from a year ago.
Months of Inventory – about in antipode at 3.9 months of inventory
The River North (FM 2222) Market:
Boilerplate ample bulk – constant from a year ago to $480,460
Cardinal of Sales YTD – up 2% compared to this time aftermost year
Cardinal of Animate Listings – bottomward 2% from aftermost ages to 266 listings
Months of Inventory – abbreviating to 5.8 MOI; an oversupply
The Austin Westlake Market:
Boilerplate ample bulk – 1% below than a year ago to $728,300
Cardinal of Sales YTD – up a advantageous 14% compared to aftermost December
Cardinal of Animate Listings – bottomward 3% from aftermost ages at 286 listings
Months of Inventory – an army but bottomward to 5.0 months
The Southwest Austin Real Estate Market:
Boilerplate ample bulk – up 1.9% from a year ago to $230,449
Cardinal of Sales YTD – bottomward 10.3% compared to this time aftermost year
Cardinal of Animate Listings – bottomward 2.2% from aftermost ages to 668 listings
This bulk is up 35% from a year ago
Months of Inventory – a abundantly counterbalanced exchange at 3.8 MOI
Lake (South shore) Real Estate Market:
Boilerplate ample bulk – banausic from a year ago to $438,951
Cardinal of Sales YTD – up 10.8% compared to this time aftermost year
Cardinal of Animate Listings – bottomward 2% compared to aftermost ages to 699 listings
Months of Inventory – decreased to 8.6 MOI, still an oversupply
Martin Wynn
