1836 Blog

Latest real estate stats for Austin Texas Property Managers

From our friends at Austin Title Company

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

For February 17, 2012 – February 23, 2013

New listings are up this week 3.41%.

Pendings are up this week 17.29%
Solds are up 31.47%

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

For February 17, 2012 – February 23, 2013

Sold average sales prices increased 5.33% to $282,886 from $268,581 in 2012.

 

Current pendings = 3,968 pendings with an average list price of $278,779.  That is a 20.75% increase in the number of pending listings and a 9.75% increase in the average price of pendings compared to the same week in 2012 (3,286 & $254,021).
For more information visit:
The Week in Review