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Central Texas Real Estate, Jeannette Morrison, NW Austin, Round Rock

Austin Childrens Museum offers Free Tickets in April and May!

Austin Childrens MuseumDuring the months of April and May, members of the local community can bring certain new or recycled materials to the Austin Children's Museum, 201 Colorado St., and get a free pass into the museum.

Bring 20 plastic bottle caps, or 20 plastic round lids (from yogurt, cottage cheese, sour cream cups, etc.), or 2 yards of fabric at least 8 inches wide. The free pass can then be used immediately or saved for another visit. There is a limit of two per family and is not valid on school tours.

The promotion will help the Austin Children's Museum gather materials to build the summer feature exhibit, MakerKids, an exhibit "sure to inspire the do-it-yourself spirit in everyone from the littlest to biggest makers," according to the museum. The event will feature more than 20 guided activities in fiber arts, printmaking, sculpture, light play, paper play, cardboard creations and more. The exhibit opens June 6.

For more information visit www.austinkids.org or call 512-472-2499.

Austin Single Family Home Statistics -February 2009 Show Home Sale Prices have Modest Increase

Graph

March 19, 2009 -According to the February 2009 Multiple Listing Service report by the Austin Board of REALTORS® (ABoR), the Austin-area home sales volume remains down year-over-year, but home prices have risen compared to February 2008.

The median price of a single-family home in Central Texas was $189,900, up five percent from February 2008. There were 1,116 single-family homes sold in February 2009, a 28 percent decrease as compared to one year ago. Collectively, sales in February 2009 contributed $271,048,500 to the local economy.

"These statistics demonstrate how Austin-area home prices have held steady and continue to appreciate, despite volatile credit markets and difficult conditions in other states," explained ABoR Chairman Jay Gohil. "Compared to last month, we're seeing the year-over-year gap begin to close on sales volume and hope consumer confidence will continue to rise to further spur the market."

He added, "With unprecedented incentives available to home buyers, such as an $8,000 first-time home buyer tax credit and some of the lowest mortgage interest rates in history, we believe many Central Texans will recognize this spring as a great time to build wealth through Austin real estate."

February 2009 - Single Family Homes

  • $271,048,500 was the total dollar volume of homes sold

  • $189,900 was the median price, a five percent increase from February 2008

  • 1,116 was the number of homes sold, a 28 percent decrease from one year ago

Source: Austin Board of Realtors -information deemed reliable and accurate but not guaranteed.

The Austin Board of REALTORS® is a non-profit, voluntary organization representing more than 8,000 licensed REALTORS® in Central Texas. For more, please contact Angela Brutsché at 512/454-7636, ext. 1300.

Austin Single Family Home Statistics -December 2008 and 2008 Year in review

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Austin area real estate volume down, prices remain stable

Austin Board of REALTORS® releases December 2008 real estate statistics

January 20, 2009 - According to the December 2008 Multiple Listing Service report by the Austin Board of REALTORS® (ABoR), the volume of single-family home sales was down last month 21 percent compared to December 2007. However, prices in Central Texas remain stable, with the median price down by only four percent compared to December 2007, underscoring the long-term strength of Austin's real estate market.

According to ABoR Chairman Jay Gohil, "Austin is feeling the effects of the economic downturn in our sales volume, but our price stability shows the long-term health of our market."

He continued, "In Austin, we never saw the dramatic price run-ups like other parts of the country. Now, our homes are retaining their value, even in the midst of market fluctuations. Combine that fact with projections that Austin's population will continue to grow and our economy will continue adding jobs in 2009 and it becomes clear Austin is a good place to invest in real estate."

Year-end real estate totals for 2008 mirrored similar trends. The median price for 2008 was $189,500, a 2 percent increase from 2007, and the volume of single family homes sales was down 20 percent to 20,199.

Chairman Gohil summarized the results this way, "These real estate statistics are important to understand the Austin market at large. However, they don't reveal whether this is a good time to buy or sell for you. The best way to do that is to talk to your Austin REALTOR® and get the facts about your personal situation and make the decision that's right for you."

December 2008 - Single Family Homes

  • 1,299 was the number of homes sold, a 21 percent decrease as compared to December 2007

  • $182,000 was the median price, a 4 percent decrease from December 2007

  • $320,542,539 was the total dollar volume of properties sold, a 22 percent decrease from December 2007

2008 Year-End Totals

  • $5,004,647,938 was the total dollar volume of single-family properties sold, a 21 percent decrease from 2007

  • $189,500 was the median price, a 2 percent increase from 2007

  • 20,199 single-family homes were sold, a 20 percent decrease from 2007

Source :The Austin Board of REALTORS® -all information is deemed reliable and accurate but not gauranteed.

Williamson County Residential Sales Weekly update through Jan 2009

Here are some of the latest stats as provided by Williamson County Association of Realtors Mark Burton and Austin Board of Realtors MLS -all information is believed to be accurate but not gauranteed.

Week of:

1/11/2009

# Homes Sold

SqFt

$/SF

List Price

Sold Price

% Difference

Days on Market

32

Average

2181

$83

$189,825

$182,481

96.13%

111

Median

1953

$83

$154,900

$154,050

99.45%

90

New Listings

Removed Listings

High

5542

$141

$568,000

$507,500

89.35%

461

193

72

Low

780

$30

$24,900

$23,500

94.38%

7

$ Volume

$5,839,384

X, W

Week of:

1/4/2009

# Homes Sold

SqFt

$/SF

List Price

Sold Price

% Difference

Days on Market

46

Average

2146

$85

$186,080

$181,062

97.30%

97

Median

1936

$85

$149,900

$146,500

97.73%

80

New Listings

Removed Listings

High

4491

$143

$494,900

$461,475

93.25%

383

177

77

Low

1212

$44

$84,900

$84,900

100.00%

7

$ Volume

$8,328,834

X, W

Week of:

12/28/2008

# Homes Sold

SqFt

$/SF

List Price

Sold Price

% Difference

Days on Market

96

Average

2170

$86

$199,389

$188,230

94.40%

108

Median

2022

$84

$174,450

$166,000

95.16%

67

New Listings

Removed Listings

High

4573

$218

$715,000

$699,000

97.76%

424

108

177

Low

1047

$40

$62,900

$50,000

79.49%

3

$ Volume

$18,070,046

X, W

Week of:

12/21/2008

# Homes Sold

SqFt

$/SF

List Price

Sold Price

% Difference

Days on Market

51

Average

2040

$88

$186,196

$177,217

95.18%

84

Median

1778

$86

$164,999

$159,900

96.91%

60

New Listings

Removed Listings

High

4252

$144

$489,900

$399,800

81.61%

623

58

52

Low

1129

$42

$73,500

$60,000

81.63%

0

$ Volume

$9,038,064

X, W

Week of:

12/14/2008

# Homes Sold

SqFt

$/SF

List Price

Sold Price

% Difference

Days on Market

100

Average

2139

$93

$209,985

$201,579

96.00%

119

Median

1973

$89

$175,325

$169,950

96.93%

106

New Listings

Removed Listings

High

5694

$226

$895,000

$870,000

97.21%

626

106

76

Low

948

$49

$91,900

$88,000

95.76%

0

$ Volume

$20,157,927

X, W

Week of:

12/7/2008

# Homes Sold

SqFt

$/SF

List Price

Sold Price

% Difference

Days on Market

65

Average

2160

$92

$201,440

$194,758

96.68%

88

Median

1957

$89

$170,000

$168,000

98.82%

73

New Listings

Removed Listings

High

4488

$190

$439,000

$434,000

98.86%

272

138

80

Low

980

$45

$104,900

$105,200

100.29%

0

$ Volume

$12,659,292

X, W

Week of:

11/30/2008

# Homes Sold

SqFt

$/SF

List Price

Sold Price

% Difference

Days on Market

56

Average

2054

$90

$194,560

$188,039

96.65%

105

Median

1889

$87

$167,373

$168,360

100.59%

62

New Listings

Removed Listings

High

3525

$170

$638,000

$599,000

93.89%

519

157

165

Low

960

$26

$32,000

$31,000

96.88%

0

$ Volume

$10,530,177

X, W

Week of:

11/23/2008

# Homes Sold

SqFt

$/SF

List Price

Sold Price

% Difference

Days on Market

79

Average

2141

$87

$194,897

$186,412

95.65%

100

Median

1995

$87

$179,900

$171,000

95.05%

71

New Listings

Removed Listings

High

4281

$149

$514,950

$475,000

92.24%

498

104

74

Low

1016

$50

$82,000

$82,000

100.00%

3

$ Volume

$14,726,527

X, W