Real Estate News and Advice
August 21, 2008


Search Realty Times
 





Study Online, but Never Alone



Exclusive Leads In Your Market





NEED HELP?

Click for Live Support


Call: 214-353-6980



  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Austin, Texas

Reported by Patsy Snyder, ABR CRS e-PRO GRI

Updated August 12, 2008.

Current Market Rating: 2




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 4




1
2
3
4
5
Falling

Rising

Tuesday, August 12, 2008 - 11:15 AM CDT

Austin Regional Clinic opens Leander clinic
Austin Business Journal

The new 4,310-square-foot clinic at 901 Crystal Falls Parkway includes 12 exam rooms, treatment rooms and on-site lab services.

"The new location is in direct response to the rapid growth of Leander, now the seventh-fastest growing city in Texas," says Dr. Norman Chenven, ARC founder and CEO.

The Leander clinic is ARC's 21st in the region, with locations in Austin, Round Rock, Cedar Park, Pflugerville and Hutto.

The Week in Review

Units for Sale:
Aug 3- Aug 9, 2008

(compared to the same week in 2007)

New listings down this week 13.84%
Pendings down 17.51%
Solds down 21.73%

As for Average Prices:

For Aug 3 - Aug 9, 2008

Sold average sales prices increased 17.24% to $334,838. In 2007 it was $285,605 for the same week.

The Month in Review
July 2008

Units for Sale: (compared to July 2007)

New listings were down 7.22%.
Pendings were down 21.19%.
Solds decreased by 24.61%.

As for Average Prices:

The "New Listings" average list price is up 8.90% to 319,346. In July 2007 the average list price was $293,258.

Sold average sales prices increased 0.08% to $253,500. For June 2007 it was $253,310.

Did You Know...?

That we had 10,875 active listings during the same week in 2007? Today there is 12,878 active listings! That is a 18.42% increase from last year.





















Approximate Location Boundaries: This report includes Austin and metro areas


For More Information:

View Market Conditions of other areas served by Patsy Snyder

Navigate: Top > Texas > Austin

About Patsy Snyder:
You will benefit from my straight forward style, enthusiasm, resourcefulness, trustworthiness, education and experience. I love working with people and I take pride in my efforts as a Realtor. I am truly a "born to be a Realtor" person.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.



Get Your Free Summer SALES Kit  NOW!

Real Estate News Network

You must enable Javascript to view the Video content and Navigation on this site.





Mortgage Rates
30 Year Fixed: 6.52%
15 Year Fixed: 6.07%
1 Year Adj: 5.18%
(U.S. Weekly Averages)

Today's Headlines

Learn the Art of the Short Sale



Today's Insider REALTOR Secret



Agent Publicity | Local Market Conditions | About Realty Times | Article Index | Terms & Conditions | Privacy | Contact Us

Copyright © 2008 Realty Times®. All Rights Reserved.