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Austin Area Housing Market Statistics For August 2009

August 2009
Units for Sale: (compared to August 2008)
New listings are up 1.90%.Pendings are up 9.04%.

Solds increased by 2.81%.

As for Average Prices:

The "New Listings" average list price is down 5.95% to $294,002. In August 2008 the average list price was $312,594.

Sold average sales prices decreased 14.65% to $236,376. For August 2008 it was $276,954.

*Keep in mind that these numbers represent the entire Central Texas Multiple Listing Service area. Every area and even different neighborhoods within a certain area are performing differently. To get an accurate depiction of the market in your area, obtain a FREE Market Snapshot by clicking here.

Posted Tuesday Sep 15