Austin Residential Market Status
The residential market in Austin is certainly not something we are involved with but it often is one of the indicators that people watch in regards to the economy.
January 27-February 2, 2008
- This week there are 10,185 active residential listings compared to 7,640 in the same week a year ago. (33% increase)
- New listings up 57%
- Pending sales down 51%
- Solds are down 24%
- New listing average price increased 5.08%
- Sold average sale price increased 11.61% $252.207
This info was provided by Roxanne Watson with Alamo Title (roxanne.watson@alamotitle.com)
chadjewell @ February 10, 2008