Sunday, October 14, 2012

Austin Housing Market 2012

Find out what is happening in the local Austin Housing Market and Real Estate News in 2012.


Austin home values continue to rise.  According to the Austin Board of REALTORS®, the volume of homes sales rose and home prices of Austin homes continued to rise to the 15th straight month of increases.


August 2012 Statistics

  • 2,397 – Single-family homes sold, 21 percent more than August 2011.
  • $212,000 – Median price for single-family homes, six 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 less 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.
  • $663,700,536 – Total dollar volume of single-family properties sold, 30 percent more than August 2011.