I post the latest Austin Real Estate Market Stats here when they are available.  Many posts come from a weekly email I get from Alamo Title Co.  Some I take from the Austin Board of REALTORS® website.  You will find links here to the Alamo Title site for more statistical information.

The Week in Review:  Dec. 31 – Jan 6, 2007 (compared to the same week in 2006)
New listings down 24.49%.
Pendings up 4.03%
Solds up 3.68%.

As for Average Prices: Dec. 31 – Jan 6, 2007 (compared to the same week in 2006)
"New Listings" average list price is up 19.77% to $340,261. 
Sold average sales price increased 6.41% to $239,131.
In 2006 it was $224,732 during the same week.

Statistics courtesy of Alamo Title Co. in Austin.

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The Month in Review:  December 2006 (compared to the same month in 2005)
New listings were down by 22.34%.
Pendings increased by 9.70%
Solds increased by 3.17%. 

As for Average Prices:
"New Listings" average list price is up 16.08% to 270,990.
Sold average sales prices increased 6.98% to $233,939 compared to $218,682 in 2005.

Did You Know...?

That we had 7,605 active listings during the same week in 2006?  Today there are 7,839 active listings! 

So how does this affect your listing?  Check out our "Months of Inventory" (Updated 1/8/07) chart on our website to get the details for your MLS area and price range.  The report is available in two formats, just in case you need to print it out for your listing presentation. 

Click here MLS Area Inventory Report