Austin Home Sales 2011

Austin Home Sales for All of 2011

In Austin, from 1/1/2011 to 12/31/2011   8,729 homes were sold ranging in price from a low of $19,500  all the way up to $6,000,000  with an average sales  price of $320,995  and a median sales price of $248,000 .  The average price per square foot was $137.61   ranging from a low of $14.44  up to $1,041.25  per square foot.  The sales price averaged 93.34% of the original list price for homes sold in Austin.  In other words this is the average percentage homeowners had to reduce the price from their original listing price to achieve the sale of their home.  The average number of days on the market was 71 with the fastest sale taking 0 days.  The home on the market the longest before being sold was listed for 1,185 days.  The most recent sale prices are the best way to determine the value of a home you may want to sell or purchase.  However, values vary greatly based on neighborhood, location, condition and many other factors.  If you would like assistance in determining the value of a home please feel free to contact Kelley Menefee at 512-736-0822 or request a free no obligation Market Analysis.  The data above was pulled from the Austin Area Board of Realtor’s multiple listing service.  Analysis provided courtesy of MyFreeHomeSearches.com.

Austin Area Homes For Sale

Austin Home Sales Trends June to July 2011

Austin Home Sales Trends

Austin home sales information is compared month to month to assist in determining price trends.  A month to month comparison is indicative of whether the market is becoming hotter or colder.  The number of Austin houses sold in July showed a significant decrease from June.  The average sales price per square foot saw a slight increase, and the average list price per square foot displayed essentially no change.  Additionally, the average number of days for Austin homes to be active on the market showed a moderate increase.

Specifically, sales of single family Austin homes saw a significant decrease of 12.94% from 1020 to 888 homes sold from June to July of this year.  The average sales price showed essentially no change going from $334,036  to $332,916  a change of 0.34%.  The average sales price per square foot for Austin displayed a slight increase of 1.00% to $141.24 .   The average sales price was 96.89% of the listing price, essentially no change from the prior month.  This percentage is indicative of how much the price was lowered in order to make the sale.  However, the average number of days for Austin homes to be active on the went from 62 to 65 for a moderate increase of 4.84%.  As the number of days a home is on the market decreases it is indicative of the market heating up, and houses moving more quickly.

Austin Houses for Sale

As of Tuesday, August 23, 2011there are 3,447 Austin houses for sale.  These Austin homes have been active on the Austin real estate market an average of 103 days with an average list price of $536,628 or $173.14 per square foot.  Currently listed Austin houses for sale average 2,660 square feet in size.  The smaller the home, generally the higher the price per square foot for homes in similar condition.  This does not always hold true, especially when you get into the luxury home market with many custom features or high end amenities.  The prices for homes currently active on the market range from a low of $34,900 to a high of $12,000,000 .  Prices range from $27.12  to a high of $3,082.32  per square foot.  The median price per square foot for Austin houses for sale is $136.42    Austin homes have been active on the market anywhere from 0 to 1,323 days.  To see actual listings visit http://myfreehomesearches.com/austin-homes-for-sale/.  If you would like personal assistance in locating a home or determining the value of a home please contact Realtor, Kelley Menefee at 512-736-0822 with Keller Williams Realty.   Condos, townhomes, and mobile homes were not included in these statistics.

Austin Area Homes For Sale