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The number of new listings are down this week 16% (compared to 8/17/08 - 8/23/08).
Pendings are up this week 12.09%.
Sold residential units are up less than 1% compared to the same week last year.
The Week in Review
Units for Sale:
Aug. 16 - Aug. 22, 2009
(compared to the same week in 2008)
New listings down this week 16.65%
Pendings are up 12.09%
Solds are up 0.31%
As for Average Prices:
Aug. 16 - Aug 22, 2009
The "New Listings" average list price is down 0.79% to $315,726.
Sold average sales prices increased 1.35% to $268,883. In 2008 it was $265,311 for the same week.
Check it out on our Weekly Sales Broadcast Chart!
The Month In Review
July 2009
Units for Sale: (compared to July 2008)
New listings are down 9.06%.
Pendings are up 8.12%.
Solds decreased by 7.75%.
As for Average Prices:
The "New Listings" average list price is down 6.09% to 299,883. In July 2008 the average list price was $319,346.
Sold average sales prices decreased 4.34% to $242,498. For July 2008 it was $253,500.
Check it out on our Monthly Sold Count Chart!
Austin had 12,815 active listings during the same week in 2008. Today there is 11,490 active listings! That is 10.34% decrease from last year.
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