Valuable Austin Real Estate Tips

 October 19, 2009 - According to the September 2009 Multiple Listing Service report by the Austin Board of REALTORS®, activity in the Austin-area real estate market has shown signs of improvement from September 2008.

 In September 2009, 1,780 homes were sold, a six percent increase from 1,673 homes sold in September 2008. The median home price for Austin in September 2009 was $185,250, up two percent from the same month the prior year.

 “This spur in activity compared to last year is a good sign,” said Jay Gohil, chairman of the Austin Board of REALTORS®. “It shows the Austin-area real estate market is healthy and has remained stable.”

September 2009 Statistics

• $431,530,740 was the dollar volume of single-family properties sold, a seven percent increase from September 2008.

$185,250 was the median price for single-family homes, a two percent increase from September 2008.

 9,148 was the number of active single-family home listings on the market, a ten percent decrease from September 2008.

 1,780 was the number of single-family homes sold, a six percent increase from September 2008