December Austin Real Estate Report – Brisk Austin Housing Market

December 11, 2012 by · 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

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