December Austin Real Estate Report – Brisk Austin Housing Market
December 11, 2012 by Laura Duggan · Leave a Comment
The Austin real estate market is brisk with a record number of home sales and even lower inventory than last month.
• Days on the market is the lowest in 7 years
• Highest pendings in 7 years
• Lowest number of homes for sale in 7 years
• Highest market absorption in 6 years
• Home values have increased 5.8% (median) and 8% (average)
from 1 year ago.
• Market is strengthening in between $500,000 and $700,000
To view the 14 page report click here
Posted by Laura Duggan, West Austin Properties, 512-750-2425, laura@westaustin.com