REAL ESTATE UPDATE Jan-Sep 2013
With interest rates edging up a little, and the holiday season
rapidly approaching, the overall Greater Austin area real
estate market may be calming just a bit from its summer
peak. Still, our market remains very strong.
Consider that in September, sales were up over 32% from the
same time a year ago. September average and median sold
prices were up 10% and 12% respectively, inventory down 12%,
and days on the market reduced from 65 days to 44 days.
Please
note that only single family residence transactions are
included in this report. Other property type data is
available upon request. Also, the above chart
reflects averages of the entire Austin area. If you
would like information more specific to your community, it
can be made readily available.
Don Gross Realty is a service oriented, referral based company with emphasis on attention to detail. The opportunity to assist in your real estate needs is always welcomed.
Data provided in this report has been obtained from the Austin Board of REALTORS / Austin-Central Texas Realty Information Service statistical reports, and the Real Estate Center at Texas A & M University.
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