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Real Estate Blog
Real Estate Blog
Tuesday, January 06 2009
Austin Board of REALTORS report on November 2008 Statistics
  • 990 Homes were sold in November 2008, a 40% decrease from November 2007
  • The median price was $180,000, down 3 percent from 2007
  • The total dollar volume of home sold was $231,014,520,  down 44 percent from last November

    Jay Gohil, ABOR chairman observes, "There is no denying the Austin market has begun to slow...However, we still enjoy strong statewide job growth and low unemployment, two factors missing in other, more challenged parts of the country. These sound fundamentals, combined with capital that should flow more freely to homeowners from the recent federal bailout, will put Austin in good stead as the market begins to recover."

    Please contact us at info@joarealty.com for more information. 

  • Posted by: Joa Realty AT 02:36 pm   |  Permalink   |  Email

      Susie Kang, CCIM, CIPS, CRS
      Joa Realty

      800 Newman Dr.
      Austin, TX 78703
      Office: 512-480-8384
      Cell: 512-695-1481
      Fax: 512-428-8119
      Email: Susie@JoaRealty.com  

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