Austin Real Estate Market Week in Review (August 12, 2013)
Posted by Maranda Creamer on Tuesday, August 13, 2013 at 10:04 AM
By Maranda Creamer / August 13, 2013
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Check out Austin's Real Estate Market Week in Review:
Units for Sale: (compared to the same week in 2012)
For August 4, 2013 - August 10, 2013
New listings are up this week 18.17%
Pendings are up this week 6.18%
Solds are up 20.83%
Solds are up 20.83%
As for Average Prices: (compared to the same week in 2012)
For August 4, 2013 - August 10, 2013
Sold average sales prices increased less than 1% to $316,005 from $315,819 in 2012.
Current pendings = 4,623 pending listings with an average list price of $283,787. One year ago we had 3,895 pending sales with an average list price of $261,160. That is almost a 19% increase in the number of pending sales with a 8.6% increase in average list price.
If you would like to know statistics for the exact area you live in or are looking to buy, check out this link: https://www.cainrealtygroup.com/sell/market-snapshot/
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