The total dollar volume of single family properties sold was $610,579,840 or 19 percent more than the same month Air Max Thea Desert Tan
2013 was one of the strongest years for the Austin housing market that REALTORS had ever seen.
increasingly competitive housing market. In 2014, Austin homebuyers and sellers can expect home prices to continue to rise across all segments of the market. Multiple offers on home listings will be commonplace and many homes will sell within days of hitting the market.
Population and economic growth in the Austin area Nike Air Max Tavas Seahawks show no signs of slowing down this year; neither does Austin's Nike Air Max Thea Mens White
In December 2013, the median price for Austin area homes was $226,000, which is eight percent more than the same month in 2012. Additionally, homes spent an average of 52 days on the market, which is a decrease of 19 days from one year prior.
last year. The market also featured three percent more new listings, 11 percent fewer active listings and nine percent fewer pending sales in December 2013 compared to the prior year.
The key to continued success for the Austin housing market is maintaining market stability in 2014. We need a steady flow of new inventory hitting the market, and the city must work to create a regulatory environment that allows developers to keep up with growing housing demand, which in turn will help keep Austin's housing inventory stable and its homes affordable.
Board of REALTORS, Austin area home sales reached a historic high for December while housing inventory dropped to an all time low, and 2013 year end figures show momentum in Austin real estate coursing steadily into the new year.
AUSTIN, Texas According to the Multiple Listing Service (MLS) report released today by the Austin Nike Air Max 2015 Bright Crimson/Black-summit White
According to the report, 2,080 single family homes were sold in the Austin area in December 2013, which is 14 percent more than December 2012. The market featured 2.0 months of inventory in December 2013, which is 0.7 months less than December 2012 and a new historical low for Austin housing inventory.
The report also included figures for all of 2013, during which 27,298 Austin area single family homes were sold, which is 19 percent more than 2012. Over the course of the year, the median price of homes in the Austin area increased nine percent to $223,890 and homes spent an average of 50 days on the market, 19 days fewer than 2012. At the same time, the 2013 Austin real estate market featured nine percent more new listings, 20 percent fewer active listings and 12 percent more pending sales than 2012.
Austin area home sales set new record for December
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