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Real Estate Blog
Real Estate Blog
Monday, February 02 2009
2008 definitely showed a decline in the numbers of homes sold but the stability in the Austin real estate market is highlighted in its median price.  While most cities saw a decline in median home prices, Austin produced a 2% increase. 

According to the Austin Board of Realtors®, here were the year-end totals for 2008:
  • Total dollar volume of single-family properties sold was $5,004,647,938, a 21 percent decrease from 2007
  • The median price was $189,500, a 2 percent increase from 2007
  • 20,199 single-family homes were sold, a 20 percent decrease from 2007

For an in-depth look at Austin's Real Estate market for 2008, please review the Gracy Title 2008 Year In Review- MLS Area Statistics attachment .

Posted by: Joa Realty AT 07:50 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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