|
Area HD |
|
September-09 |
|||||
|
|
|
|
|
|
|
|
|
|
|
Median |
Average |
|||||
|
|
Sep 2009 |
Sep 2008 |
% Change |
Sep 2009 |
Sep 2008 |
% Change |
|
|
List Price |
$322,500 |
$308,559 |
+ 4.5% |
$360,298 |
$352,243 |
+ 2.3% |
|
|
Sold Price |
$310,000 |
$279,450 |
+ 10.9% |
$338,479 |
$333,730 |
+ 1.4% |
|
|
Square Feet |
2959 |
2804 |
+ 5.5% |
2963 |
2845 |
+ 4.2% |
|
|
LP/SF |
$113 |
$116 |
- 2.5% |
$120 |
$126 |
- 4.3% |
|
|
SP/SF |
$108 |
$107 |
+ 1.4% |
$113 |
$120 |
- 5.2% |
|
|
SP/LP |
96.7% |
96.6% |
+ 0.1% |
94.7% |
94.5% |
+ 0.3% |
|
|
DOM |
69 |
64 |
+ 7.9% |
99 |
80 |
+ 23.6% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Price Range |
Quantity |
DOM |
|
Price Range |
Quantity |
DOM |
|
|
$149,999 or under |
2 |
58 |
|
$500,000- $549,999 |
0 |
-- |
|
|
$150,000- $199,999 |
1 |
10 |
|
$550,000- $599,999 |
0 |
-- |
|
|
$200,000- $249,999 |
2 |
268 |
|
$600,000- $699,999 |
0 |
-- |
|
|
$250,000- $299,999 |
8 |
55 |
|
$700,000- $799,999 |
0 |
-- |
|
|
$300,000- $349,999 |
6 |
122 |
|
$800,000- $899,999 |
0 |
-- |
|
|
$350,000- $399,999 |
2 |
264 |
|
$900,000- $999,999 |
0 |
-- |
|
|
$400,000- $449,999 |
2 |
65 |
|
$1,000,000 or over |
1 |
13 |
|
|
$450,000- $499,999 |
2 |
42 |
|
Total Sales: |
26 |
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sep 2009 |
Sep 2008 |
% Change |
2009 YTD |
2008 YTD |
% Change |
|
|
Sold Listings |
26 |
32 |
-18.8% |
274 |
321 |
-14.6% |
|
|
Volume |
$8,800,450 |
$10,679,350 |
-17.6% |
$89,858,673 |
$114,596,417 |
-21.6% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) for the month indicated on the header. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided ‘AS IS' and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Copyright 2009 Austin Central Texas Realty Information Services, Inc. |
||
|
|
|
|
|
|
|||
|
|
|
|
|
|
|||
|
|
|
|
|
|
|||
|
|
|
|
|
|
|||
|
|
|
|
|
|
|||
|
|
|
|
|
|
|||
|
|
|
|
|
|
|||
|
|
|
|
|
|
|||
|
|
|
|
|
|
|||
|
|
|
|
|
|
The much anticipated Housing tax credit was passed by the Senate last night by a unanimous vote of 98-0. The tax credit was passed as an amendment to the extension of unemployment benefits. The bill still needs to pass through the House and the President but both have already expressed their support and it is considered to be a formality at this point.
The bill extends the tax credit through April 30th to be under contract and allows an additional 60 days to close the transaction. Income limitations were revised to $125,000/year adjusted gross income for individuals and $225,000 for couples filing jointly. The tax credit remains at $8,000 for first time home buyers, meaning you haven't owned a "primary" residence for three years. The tax credit was expanded to include a $6,500 credit to move up buyers who have lived in their current primary residence for a minimum of five years and are purchasing a home for less than $800,000.
Combine tax credit with depressed housing prices, historically low interest rates and a large inventory of homes to choose from and this is an opportune time to purchase a home. Feel free to contact me if you have any questions or would like to begin you home search.
Dripping Springs Tx. held the first of a series of town hall meetings last night. The meetings are to get citizen input for the development of a strategic comprehensive growth plan. Growth for our little town is inevitable although some jokingly suggested we put up a gate on highway 290 once the HEB grocery opens. I think it's important that we as a community plan for the future and help to guide the growth of Dripping Springs in an intelligent manner. Some of the main focus points of the meeting were to maintain our highly acclaimed Dripping Springs school district, develop a true downtown area along Mercer street and manage the growth along the Hwy 290 corridor. I think we are at a pivotol point in the development process for our town and would encourage everyone to get involved. The next Dripping Springs town hall meeting will be held November 18th at 6:30 pm at city hall, 501 Mercer street. I hope to see you there.
The meeting was recapped today in the Dripping Springs babble. to read the article visit http://drippingsprings.dsbabble.com/2009/11/04/recap-of-the-first-comprehensive-plan-town-hall-meeting.aspx?ref=rss
Austin ranks high on Forbe's best cities for outdoors list. Austin came in at #11 on the list. Forbe's used data compiled from the non profit Trust for Public Land, The National Oceanic and Atmospheric Administration and the Environmental Protection Agency. To read the entire article visit http://www.forbes.com/2009/05/11/best-cities-outdoors-lifestyle-health-outdoors_slide_11.html?thisSpeed=30000
Austin ranks high for tech cities. With 54,000 high tech jobs and 2,600 high tech companies Austin came in at #7 in Biz Journals annual Tech cities list. Biz Journal used 5 criteria to base their rankings.
To read the entire article visit http://austin.bizjournals.com/austin/stories/2009/05/11/daily7.html
 |
|
|
Mark and France have been active in real estate for over 17 years, as investors, developers, and REALTORS, currently specializing in southwest Austin/Dripping Springs, Texas.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
