1836 Blog

New Austin Texas Real Estate Stats from our friends at Austin Title

 

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

For February 10, 2012 – February 16, 2013

New listings are up this week 9.59%.

Pendings are up this week 19.14%
Solds are up 33.48%

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

For February 10, 2012 – February 16, 2013

Sold average sales prices increased 6.33% to $278,366 from $261,802 in 2012.

 

Current pendings = 3,759 pendings with an average list price of $274,104.  That is a 21.69% increase in the number of pending listings and a 8.76% increase in the average price of pendings compared to the same week in 2012 (3,089& $252,023).