The Austin area had a 4.2 month supply of homes, 1.5 months less than in February 2011, the Austin Board of Realtors reported. A supply of 6.5 months is considered a market where supply and demand is balanced, according to the Real Estate Center at Texas A&M.
The market is slowly shifting in favor of sellers. If you are thinking about selling your home, contact me for assistance. I'm happy to provide market stats in your area and great information on how to get your home ready to sell!
Read more at The Statesman: http://www.statesman.com/blogs/content/shared-gen/blogs/austin/theticker/entries/2012/03/20/austinarea_home_sales_up_16_pe.html
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