Austin Real Estate Market Statistics Week in Review (February 13, 2014)

Austin Real Estate Market Statistics 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/

Units for Sale: (compared to the same week in 2013)

For February 2, 2014 - February 8, 2014
New listings are up 5.04% from 1 year ago.
Pendings are up this week 4.19%
Solds are up 34.30%

As for Average Prices:  (compared to the same week in 2013) 
For February 2, 2014 - February 8, 2014
Sold average sales prices 
increased 5.84% to $274,176 from $259,052 in 2013. 

Current pendings = 3,395 pending listings with an average list price of $307,043.  That is a 5.90% increase in the number of pendings and a 13.20% increase in the average price.  In 2013 we had 3,608 pendings with an average list price of $271,249.

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