Austin Market Summary for July 2006

9/15/200610:17:00 PM Link |  | Add comment

Local Real Estate Information, Market Statistics, Real Estate

Nothing too different than what we've seen over the past year although the percentages aren't as large as they were in the past few months.  Much of the recent run up from the past year occurred in the first few months of this year so you actually see a little bit of a leveling right now from month to month (say from June's statistics to July's statistics).  This is to be expected.  In many neighborhoods values went up between 10-15% in between February and May and every market needs a leveling after a period like that so that people can 'catch up' to the new values.  I would expect the market to remain true to form, with not much appreciation the rest of this year but then another run-up in the spring.


Current Market Summary
July 2006 All Single Family Sales

2006 2005

2,721 2,446

+ 11%

All Active Single Family Listings

2006 2005

8,368 8,871

-  6%

Single Family Median Price

2006 2005

$178,190 $169,900

+  5%

Single Family Pending Sales

2006 2005

3,076 2,468

+ 25%