Oak Forest Market Report - thru November 2008

So far this year, 23 properties have sold in Oak Forest Subdivision. The sales ranged from $212,000 to $355,000 with the average being $266,335 or $138 per sq. ft. Currently, there are 7 homes on the market for an average price of $278,457 which is $142.08 per sq. ft.

This time last year 45 properties had sold for an average price of $262,563 which is $134.13 per sq. ft. The time to sell has increased slightly from 41 days on the market last year to 45 days this year. Being a resident, it is good to see that although activity is reduced, the prices and marketing times are holding strong. This is both a reflection of the strength of the Austin real estate market in general and how desireable this area is, being close in and a part of the Round Rock ISD as well.

Mary "B" - Austin Real Estate

Referrals Appreciated!

www.maryb.com