1836 Blog

From our friends at Austin Title – Market News Bulletin

The Week in Review
Units for Sale: (compared to the same week in 2012)

For March 10, 2013 – March 16, 2013

New listings are up this week 6.84%.

Pendings are up this week 18.64%
Solds are up 39.23%

As for Average Prices:  (compared to the same week in 2012)

For March 10, 2013 – March 16, 2013

Sold average sales prices increased 14.75% to $277,290 from $241,644 in 2012.

 

Current pendings = 4,302 pendings with an average list price of $288,254.  That is a 21.32% increase in the number of pending listings and a 12.17% increase in the average price of pendings compared to the same week in 2012 (3,546 & $256,969).
For more information visit:
The Week in Review