The Austin Board of Realtors just released the finalized statistics for
June and the numbers showed the Austin had another great month! In June, there
was a +13.5% increase in sold listings vs. June 2011. That makes June the 6th
consecutive month in 2012 that we have had an increase in sold units over 2011 –
we have had a positive swing in EVERY month in 2012!
A few other numbers
of interest… the average sale price in Austin is up 6.1% in June over 2011 to
$278,720 and the average days on market shrunk to 55, a 25% decrease! Also, the
percentage of sales price to list price is up to 97.8%. In short, homeowners
are selling their homes more quickly and for closer to their asking price than
last year! In total volume, over $745 million in real estate transactions were
closed in June, a 20.5% increase.
Year-to-date,
Austin is up 17% in number of units sold and up 21% in total sales volume. Austin’s
market is HOT! Please contact me if you are interested in receiving a free
market analysis of your home or interested in buying a home. With historic
interest rates available, now is a great time to buy a home!
No comments:
Post a Comment