Current Real Estate Market Stats:
For the Greater Austin Area.
August 15 to August 21
(Compared to the same week in 2009)
Total Active Residential Listings: 13,497
Total New listings up 17.47% over last year.
Average Home Prices:
Sold average sales price increased 2.41% to $275,371.
Pending home sales are down 22.82% this week relative to 2009.
Pending sales activity has been down each week since the federal tax credit has went away....the market is now definetly a buyers market. Sellers: are you on the market or in the market?
I would be happy to prepare a detailed report regarding the value of your Real Estate in this market. With property positioning, many sellers are finding the market favorable and the opportunities to reinvest are quite good right now.
The Associates Austin
Robert H Nelson, Broker
9200 Sandstone Street
Austin, Texas 78737
512.517.4432
robert@highway290west.com