Austin Real Estate Market Statistics Week in Review (December 16, 2013)

Austin Real Estate Market Week in ReviewIf you would like to know the Austin real estate market statistics for the exact area you live in or are looking to buy, check out this link: https://www.cainrealtygroup.com/sell/market-snapshot/

Austin Real Estate Market Week in Review:

Units for Sale: (compared to the same week in 2012)

For December 1, 2013 - December 7, 2013

New listings are up this week 18.10%
Pendings are down this week 18.14%
Solds are up 6.09%

As for Average Prices:  (compared to the same week in 2012) 
For December 1, 2013 - December 7, 2013
Sold average sales prices decreased less than 1% (0.77%) to $284,651 from $286,848 in 2012. 

Current pendings = 3,097 pending listings with an average list price of $300,432.  One year ago we had 3,141 pending sales with an average list price of $257,562.  That is a -1.40%decrease in the number of pending sales with 16.64% increasein average list price.

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