Wednesday, September 1, 2010

August Condo Sales - Austin, TX

This local real estate information brought to you by John Crowe

Condo/Townhome

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Average Active Homes (per week)

0

0

0

0

0

1,291

1,287

1,221

0

0

0

0

Homes Sold

110

116

186

178

187

142

96

124

0

0

0

0

Avg. Days on Market for Homes Sold

90

63

74

75

78

76

78

70

0

0

0

0

Average Sales Price

$154,000

$156,581

$204,365

$187,814

$199,238

$206,807

$226,835

$219,174

0

0

0

0

High Price

$469,000

$630,000

$1,250,000

$665,000

$1,200,000

$1,450,000

$830,000

$1,125,000

0

0

0

0

Low Price

$32,000

$28,000

$19,900

$31,000

$31,000

$35,000

$16,000

$23,011

0

0

0

0

Condo/Townhome Market Summary

August 2010

August sales exceeded July numbers by 30%, though were lower than monthly totals of March through June. The values are there, and buyers are striking when timing is right. The other stats, such as active listings and pending sales, are swinging a bit lower with the late summer slowdown in effect. It remains a great time to find a property for buyers. If you write an offer, get aggressive. Sellers are considering everything. Now, the numbers: 38 closed transactions this period, 1 less than previous week. Pipeline dipped toward s the end of the month, with 202 properties (17% of inventory) pending sale, or under contract. New listings added - 55.

www.crowehomes.com
www.twitter.com/crowehomes

No comments:

Post a Comment