Preliminary results showed the number of single family homes to be around 1,875…but once Realtors finally input all their sales into MLS, we ended up with over 2,000 sales in April. This is a 31% increase over last year’s number of 1,579 sales.
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In January there were just 853 single family homes sold in all of Austin, compared to over 1,625 homes sold in March. Anyone want to predict how many homes will be sold in April? We will provide a free bottle of wine at Uncorked to you if your guess is closest…
The number of single-family homes that were available for sale took a nose-dive at the end of 2009. The average sales price sky-rocketed to a never-before seen level of $261,000.
Shocking! No, wait. This is completely predictable. If you are thinking of selling in the next 12 months, you may want to consider now as a perfect time to put your home on the market. You will have less competition and more demand for your home …
Supply (Active Listings) is decreasing, at a much slower rate than in recent months/years, and sales are increasing at an unprecedented rate – we are rapidly approaching the sales levels of the ‘good ole days’ of 2005 and 2006.
For the first time all year, the number of sales (demand) is more now than it was just 1 year ago. What this means is that more homes are selling right now than last year, and we are even experiencing very rapid sales cycles.
The supply (Active Listings) is on a seasonal decline right now, which means if you are interested in selling, you will have less competition. However, demand is declining at the same time.
Austin continues to be one of the best places to live in our great nation. Check out the statistics for real estate, the cost of living, low unemployment rates and affordability that are released by independent companies and research firms every week. Whether you are listening to Yahoo!, CNBC, Forbes or the Wall Street Journal, [...]