| Market Commentary Provided by Ann L. Parr Good homes that are priced right are selling very quickly with multiple offers. Still a lot of investors in Austin! |
| Report Date | Winter 2010 |
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| Nearest Metro Area | Austin, TX | ||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | Less than 10 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Limited supply | ||||
| Average Home Price | $200,000+ - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Up 5-10% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | Yes | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Dripping Springs and Kyle is | |||||
| Seller Activity for the past 90 days in Dripping Springs and Kyle is | |||||
| Is Financing Available For Qualified Buyers in Dripping Springs and Kyle? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | Waterfront homes on Lake Travis/Dripping Springs and Kyle | ||||
| Reason to Buy/Sell | Population Growth | ||||
| Average Sold Price | $200,000+ - 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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