Central Austin Real Estate Market Report - Williamson, Travis, Texas
Central Austin, Texas - Williamson, Travis
| Market Commentary Provided by Natasha Leahy Now is an exceptional time to buy a home in Central Austin. Low rates with falling home prices makes a home purchase a great value! Call now for more information: 512-786-1799 |
| Report Date | Fall 2009 |
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| Nearest Metro Area | Austin | ||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | 90-120 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Inventory Comments | Average Days on Market is 98. In 2008, the average days on the market for this time of year was 84. | ||||
| Average Home Price | $350,000 - View Graph Trend | ||||
| Best Selling Price Range | $300,000 - $349,000 | ||||
| Worst Selling Price Range | $1,000,000+ | ||||
| Compared to Last Year | Down 15-20% | ||||
| Prices As % of Asking Price | 90-95% | ||||
| Multiple Offers? | Yes | ||||
| Multiple Offers Commentary | 91.66% is the Selling Price to Original List Price ratio. | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Central Austin is | Increasing | ||||
| Seller Activity for the past 90 days in Central Austin is | Increasing | ||||
| Is Financing Available For Qualified Buyers in Central Austin? | Yes | ||||
| Existing Home Prices for the past 90 days are | Decreasing | ||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% | ||||
| Housing Hot Spots | Most cities within the Travis County area are considered 'Housing Hotspots' | ||||
| Reason to Buy/Sell | Population Growth | ||||
| Average Sold Price | $350,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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