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Austin’s re-sale housing market continues to grow at a robust pace based on the latest data released Thursday by the Austin Board of Realtors.

Some 3,082 homes sold in August, 30 percent more than a year ago and more than double of what was sold in August 2010 — while median home prices also increased.

Still, it was slightly less than how many sold in July, which posted 3,135 sales.

Here are some other highlights of the August report:

• The median price of a single family home was $224,000, 6 percent more than August 2012.

• Single family homes remained on the market an average of 43 days, 19 days fewer than last year.

• There were 6,075 single family home listings on the market, 16 percent less than last year.

• There were 2,399 pending sales of single family homes, 9 percent more than last year.

• There were 2.8 months of inventory available, 1.2 months less than last year.

• The total volume of homes sold was $883.1 million, 36 percent more than last year.

• 361 townhouses and condos were sold in August, 32 percent more than last year.

• The median price of a townhouse or condo was $193,700, 14 percent more than last year.

• Townhouses and condos remained on the market an average 40 days, 37 percent less than last year.

• There were 2,149 properties leased in August, 10 percent more than last year.

• The median price of a leased property was $1,400 a month, 4 percent more than last year.

Orginal Article by: Jan Buchhloz

Preview Orginal Article Here

Compliments of: Martha Small | Austin Portfolio Real Estate | 512.587.0308

 

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Well…we have had an interesting week at the house.  Coming down from the sugar high of Easter last week-our dog, Stone, (Weimarner- 7 yrs) must have gotten into some of the Easter Eggs.  Disaster struck on Monday morning (of course as I was rushing out the door to show houses)- and Stone had a MASSIVE accident on the playroom rug.

To the rescue came Will’s Carpet Care on Tuesday.  $54, our rug was back to new.  Will was super accommodating, put some special treatments and potions on this rug and you really can’t see the large black stain that was there before.

Will’s Carpet Care

512.491.8066

Highly Recommend.  If you are getting ready to put your house on the market or just need to spring clean- call will for your carpet cleaning needs!  And call me to put your house on the market. Stone the Weimaraner

 

xoxo

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