| Market Commentary Provided by Sally and Bill Graham If you can qualify, now is an exceptional time to buy a home in The Hills. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 512-699-8997 |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL
Sally and Bill Graham
Keller Williams Realty NWMC Austin, Texas 512-699-8997 sallygraham@swbell.net Agent Home Page |
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| Nearest Metro Area | Austin | ||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | 60-90 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $525,000 - View Graph Trend | ||||
| Best Selling Price Range | $450,000 - $499,000 | ||||
| Worst Selling Price Range | $1,000,000+ | ||||
| Compared to Last Year | Up 0-5% | ||||
| Prices As % of Asking Price | 90-95% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in The Hills is | No Change | ||||
| Seller Activity for the past 90 days in The Hills is | No Change | ||||
| Is Financing Available For Qualified Buyers in The Hills? | No | ||||
| Existing Home Prices for the past 90 days are | Increasing | ||||
| 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 | Lower prices with good selection and competitive interest rates creates a perfect time to buy in The Hills! | ||||
| Average Sold Price | $525,000 - 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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