Wednesday, September 12, 2012

Austin Area Housing Stats Are In For August...All Things Point Up...Except Inventory!


New Listings in the Austin area increased 14% to 3,080.  Pending Sales were up 35.8% to 2,525. Inventory levels shrank 22.3% to 8,763 units, with 4.1 months of supply.

Prices moved higher. The Median Sales Price increased 9.1% to $209,000.  Days on Market was down 25.4% to 57 days. 

All things point to a Seller's Market.  If you're thinking about selling your house, contact me for additional details.  I can provide you with the sales stats in your neighborhood!

PROVIDED BY THE AUSTIN BOARD OF REALTORS®

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