Austin Real Estate Market Update
Posted by Crystal Olenbush on Tuesday, August 20th, 2013 at 5:32pm.
According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, the Austin housing market experienced its highest-performing month to date in terms of home sales.
July 2013 Statistics
3,135 – Single-family homes sold, 35 percent more than July 2012.
$228,250 – Median price for single-family homes, eight percent more than July 2012.
41 – Average number of days single-family homes spent on the market, 23 days fewer than July 2012.
3,523 – New single-family home listings on the market, 22 percent more than July 2012.
6,104 – Active single-family home listings on the market, 20 percent fewer than July 2012.
2,773 – Pending sales for single-family homes, 20 percent more than July 2012.
2.8 – Months of inventory* of single-family homes, 1.5 months less than July 2012.
$933,242,475 – Total dollar volume of single-family properties sold, 43 percent more than July 2012.