Well, I must say that when I look at the monthly stats from the Austin Board of Realtors, that Austin looks pretty good. Personally, I'm not having the same kind of year as last year, not even close. In speaking with some fellow agents in Austin, it's good and bad to hear that my experience with folks "backing out" of contracts of late is not a Joe-specific phenomenon.
From the ABOR:
June 2008 - Single-Family Homes
* 2,211 was the number of single-family homes sold, a 20 percent decrease from one year ago
* $200,000 was the median price for single-family homes, a four percent increase from June 2007
* $577,471,191 was the total dollar volume of properties sold, a 20 percent decrease from last year
Anyway, if you're like me, and had a few of your clients craw fish, hang in there. The market can't stay like this forever. :)
Joe
Apono Estate Homes | Davenport West homes for sale | Circle C Ranch Homes
The Week in Review
May 4 - May 10, 2008
(compared to the same week in 2007)
New listings down this week 9.20%
Pendings down 73.73%
Solds down 15.62%
As for Average Prices: May 4 - May 10, 2008
(compared to the same week in 2007)
The "New Listings" average list price increased 6.65% to $325,020. In 2007 the new listing average list price was $304,747. Last week that number was $321,817.
Sold average sales prices increased 28.16% to $336,786. In 2007 it was $262,782 for the same week. Last week it was 251,110.
Check it out at more...
The Week in Review
April 27 - May 3, 2008
(compared to the same week in 2007)
New listings down this week 12.48%
Pendings down 78.95%
Solds down 13.23%
As for Average Prices: Apr. 27 - May 3, 2008
(compared to the same week in 2007)
The "New Listings" average list price increased 5.37% to $321,817. Last week that number was $360,591. In 2007 the new listing average list price was $305,415.
Sold average sales prices decreased 2.25% to $251,110. Last week it was $322,068.
In 2007 it was $256,901 for the same week. more...
April 13 - April 19, 2008
(compared to the same week in 2007)
New listings up this week by 10.19%
Pendings down 71.07%
Solds down 4.32%
As for Average Prices: Apr. 13 - Apr. 19, 2008
(compared to the same week in 2007)
The "New Listings" average list price increased 1.59% to $311,131. Last week that number was $323,955. In 2007 the new listing average list price was $306,254.
Sold average sales prices increased 15.83% to $268,124. Last week it was $230,827.
In 2007 it was $231,488 for the same week.
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Hey there,
I subscribe and read a lot of publications about green building, living eco-friendly, etc. I wanted to pass this site along in case you haven't seen it.
Check out Low Impact Living at http://www.lowimpactliving.com
Let me know what you think and feel free to share any green resources that you like!
Joe
Austin Realtor | Austin Real Estate
I watched this on the news a few nights ago.
7 On Your Side: Convicted Criminal Still Selling Real Estate
All in all, Mohammad H. Gharbi, Austin, Texas, was found guilty of Conspiracy to Commit Mail Fraud, Wire Fraud and Bank Fraud.
Gharbi was one of twenty-five individuals indicted in Austin, Texas for his participation in a fraud and money laundering scheme that defrauded federally insured financial institutions and mortgage lenders of more than $15 million. more...
