1836 Blog

Austin Real Estate Sales Update

Austin Real Estate Market Snapshot
August 2011 vs August 2012

  • $663,700,536 – Total dollar volume of single-family properties sold, 30 percent more than August 2011
  • $212,000 – Median price for single-family homes, 6 percent more than August 2011
  • 2,397– Single-family homes sold, 21 percent more than August 2011
  • 61 – Average number of days that single-family homes spent on the market, 18 days less than August 2011
  • 2,740 – New single-family home listings on the market, 15 percent more than August 2011
  • 7,262 – Active single-family home listings on the market, 17 percent fewer than August 2011
  • 2,207 – Pending sales for single-family homes, 23 percent more than August 2011
  • 4.0 – Months of inventory of single-family homes, 1.7 months less than August 2011