Summary of All Areas February-11
Median Average
Feb 2011 Feb 2010 % Change Feb 2011 Feb 2010 % Change
List Price $195,000 $185,995 + 4.8% $251,306 $244,388 + 2.8%
Sold Price $187,000 $180,745 + 3.5% $241,206 $233,103 + 3.5%
Square Feet 1,949 1,870 + 4.2% 2,125 2,065 + 2.9%
LP/SF $101 $102 – 1.0% $117 $116 + 1.3%
SP/SF $97 $99 – 1.6% $113 $111 + 1.4%
SP/LP 97.2% 97.3% – 0.1% 96.4% 96.5% – 0.0%
DOM 70 52 + 34.6% 94 72 + 30.2%
Price Range Quantity DOM Price Range Quantity DOM
$149,999 or under 375 81 $500,000- $549,999 23 72
$150,000- $199,999 232 88 $550,000- $599,999 8 84
$200,000- $249,999 151 112 $600,000- $699,999 16 121
$250,000- $299,999 122 101 $700,000- $799,999 13 128
$300,000- $349,999 64 99 $800,000- $899,999 6 188
$350,000- $399,999 57 103 $900,000- $999,999 7 96
$400,000- $449,999 29 94 $1,000,000 or over 10 202
$450,000- $499,999 20 80 Total: 1,133 70
Feb 2011 Feb 2010 % Change 2011 YTD 2010 YTD % Change
Sold Listings 1,133 1,264 -10.4% 2,180 2,257 -3.4%
Volume $273,286,430 $294,642,434 -7.2% $526,677,804 $526,063,090 +0.1%
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) for the month indicated on the header. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Copyright 2010 Austin Central Texas Realty Information Services, Inc.

 

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One Response to Feb Stats for the Austin Real Estate Market

  1. Louis says:

    The average price per square foot increased 1.4% while the median price per foot decreased 1.6%. Sales numbers and volume declined and average/median prices increased. I’d say the overall market is pretty flat right now. To this point inventory levels in SW Austin have declined and increased in areas that are further out.

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