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July 28, 2007

Southwest Austin, TX Market Update for June 2007

Here are the latest real estate market statistics for Southwest Austin, TX area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 40.3%*

Average May 2007 June 2007 % Change
Asking Price $207,046 $269,169 30.0%
Sales Price $205,222 $264,894 29.1%
% of Asking Price 99% 98% -1.0%
$/SQFT $114 $115 0.9%
Days on Market 33 29 -12.1%
Total Transactions 218 156 -28.4%

Search for homes in Southwest Austin, TX.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 382 properties on the market with 154 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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