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Austin real estate market shows strength in second quarter
2009
Austin Board of REALTORS® releases June 2009 real estate
statistics
July
20, 2009
- According to the June 2009 Multiple Listing Service
report by the Austin Board of REALTORS®, the volume of single-family home
sales in June 2009 was 2,135, down four percent from June 2008, and the
median price was $199,900, unchanged from June 2008.
"We've seen the year-over-year gap in sales volume close
steadily throughout 2009 and that momentum continues this month," said
Jay Gohil,
Chairman of the Austin Board of REALTORS®.
Home prices in the Austin area have also continued to gain
momentum from the beginning of the year. Over the first two quarters of
2009 (January 2009 to June 2009), the average sale price for a
single-family Austin home has increased $20,824, while median sales price
has increased $24,400.
Also, from January 2009, sales volume is up 61 percent and
active listings are up 14 percent. “This signifies a healthy Central Texas
real estate market and good news for both local home buyers and sellers,”
said Gohil.
June
2009 Statistics
-
$537,981,570
was the dollar volume of single-family properties sold
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$199,900 was
the median price, unchanged from one year ago
-
2,135 was the
number of homes sold, a 4 percent decrease compared to June 2008
Austin Board of REALTORS®
August 13, 2009
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