Market reaching peak, starting to slow, still mostly a Seller’s Market

July 14, 2012 by · Leave a Comment 

A Seller’s Market is defined as one with high buyer demand that results in slowly rising prices.Good and well priced homes in this seller’s market usually receive an offer in a few days. That is Austin, now.

Currently, demand is high and inventory is low across ALL Zip Codes and Areas!

The average and medium prices of sold homes is rising due to the higher overall demand. From one year ago, the median price
of a home is up 7.5% These averages are increasing while sales of the highest end homes, over $1M, are stagnant.

To view the entire report by Price Band, Area and Zip Code   Click here


About Laura

Comments are closed.