DIRECT:    
 Welcome to the HillhouseRealty.com Blog

2013-05-21 10:02:04
April 2013 Home Sales Statistics Austn, TX

Austin-area  home sales up 32 percent, hit nine-year high for April

Austin Board of REALTORS® releases real  estate statistics for April 2013

 

AUSTIN, Texas – May 21, 2013 – According to the Multiple Listing Service (MLS)  report released today by the Austin Board of REALTORS® (ABoR), the  volume of Austin-area home sales continues to rise as April became the 23rd  straight month of year-over-year sales volume increases, and April saw its most  home sales since 2004.

According to the report, 2,563 single-family  homes were sold in the Austin area in April 2013, which is 32 percent more than  April 2012. On average, homes spent 50 days on the market, which is a decrease  of 19 days from one year prior.

 

Cathy Coneway,  2013 Chairman of the Austin Board of REALTORS­®, explained, “On  average, Austin-area homes are now selling in only six weeks. Buyers should  think hard about the type of home, features and amenities they’re looking for  and then be prepared to move quickly once they find a home that fits that  description.”

The total dollar volume of single-family  properties sold was $794,158,365, or 52 percent higher. The market also  featured 10 percent more new listings, 25 percent fewer active listings and 20  percent more pending sales in April 2013 compared to the prior year.

 

In April 2013, the median price for  Austin-area homes increased eight percent more than the same month last year to  $227,250. Additionally, the market featured 2.7 months of inventory in April  2013, which is 1.3 months less than April 2012.

“It’s good to see a 10 percent increase in  new home listings,” Coneway adds. “As Austin-area home sales continue to  increase and the time homes spend on the market continues to shorten, it is integral  that our housing supply also increases to meet this surging demand.” 

 

April 2013 Statistics

  • 2,563 – Single-family homes sold, 32 percent more than April  2012.
  • $227,250 – Median price for single-family homes, eight percent  more than April 2012.
  • 50 –  Average number of days single-family homes spent on the market, 19 days fewer  than April 2012.
  • 3,561 – New single-family home listings on the market, 10  percent more than April 2012.
  • 5,488 – Active single-family home listings on the market, 25  percent fewer than April 2012.
  • 2,976 – Pending sales for single-family homes, 20 percent more  than April 2012.
  • 2.7 –  Months of inventory* of single-family homes, 1.3 months less than April 2012.
  • $794,158,365 – Total dollar volume of single-family properties sold, 52  percent more than April 2012.
 
Blog Archive
2017-07-24 07:55:09
What Does an Agent Do All Day Anyway?

2017-04-20 07:39:18
Don't Be Fooled by These Three Selling Myths

2017-03-21 08:01:53
Plumb Crazy - Plumbing and Foundations

2017-03-09 15:27:31
Agent VS FSBO (For Sale By Owner)

2017-02-22 07:28:01
How Does a Home Warranty Work?

2017-02-22 07:24:15
Little things make a big impression on buyers

2017-02-16 07:52:12
How to Get the Primary Residence Capital Gains Tax

2017-02-09 05:09:37
U.S. News list ranks Austin best place to live in

2016-10-19 10:11:31
Austin Ranked High by Tourists

2016-08-17 07:01:20
What's That Gonna Cost?

2016-07-05 05:52:01
SELLERS: How to Get Ready for Your Home Inspection

2016-06-26 07:57:51
10 Reasons You Need an Agent

2016-04-02 09:15:16
Fastest Gowing Cities in America

2016-02-23 08:23:17
Housing Seasonality-How Does It Affect Buyers/Sell

2016-02-08 09:31:02
3 Things to Ignore When Pricing Your Home

2016-01-25 10:22:50
Texas Luxury Home Sales Report

2016-01-12 07:52:12
Wonder What Your Realtor Does Behind Your Back?

2016-01-01 13:23:44
6 Reasons to Contact a REALTOR in 2016

2015-12-02 07:06:12
SELL IT, SANTA! Debunking 3 Myths on Holiday Home

2015-11-16 08:33:32
Does a Home Warranty Cover Known Conditions?

2015-10-31 07:55:31
7 Dirty Little Staging Secrets No One Tells You

2015-10-29 06:48:36
BUYING A HOME: A BEGINNER'S SURVIVAL GUIDE

2015-09-26 07:58:48
7 Reasons to Use a REALTOR When Selling Your Home

2015-08-14 10:19:19
What Is The Biggest Reason For Mortgage Delay

2015-08-11 07:18:30
Home Prices Up Again in Austin Area

Click here to see ALL articles.


Comment on this Article

Your Name:
Your Email:
Comments:
Verify:  Please enter the numbers shown to help eliminate spam.