Austin Real Estate Market Update October 2012

austin real estate market statistics

Austin real estate market statistics

How’s the real estate market in Austin, Texas performing?

In October 2012, the Austin real estate market had its biggest year-over-year increase in the volume of single-family home sales since November 2009, according to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®.

Here are some of the statistics from October 2012

October 2012 | Austin Real Estate Market Update Statistics

  • 1,960 – Single-family homes sold, 37 percent more than October 2011.
  • $199,320 – Median price for single-family homes, five percent more than October 2011.
  • 68 – Average number of days single-family homes spent on the market, 14 days fewer than October 2011.
  • 2,245 – New single-family home listings on the market, three percent more than October 2011.
  • 6,327 – Active single-family home listings on the market, 20 percent less than October 2011.
  • 1,918 – Pending sales for single-family homes, 19 percent more than October 2011.
  • 3.4 – Months of inventory* of single-family homes, 1.6 months less than October 2011.
  • $543,466,840– Total dollar volume of single-family properties sold, 51 percent more than October 2011.

Austin Real Estate Market Update | Sell Your Austin Home Fast

Although the real estate market in Austin, Texas, looks good, there are still folks out there who are struggling to sell their home fast.  This problem can be because of little or no equity, negative equity, repair, or many other reasons.

At Hippie Hollow Homes, we are passionate about solving problems for distressed homeowners by using the multiple outside the box strategies that have helped us successfully participate in more than 1,200 real estate transactions in the Central Texas real estate market since 2004.

In addition to practicing the traditional real estate model, we also network with thousands of real estate investors nationwide that are interested in purchasing houses quick.  Many have cash and can buy outright while others will utilize some of our creative strategies to ensure a win-win transaction.

Our promise to you is that we will always treat you with courtesy and respect, no matter what your situation is.  Hippie Hollow Homes is uniquely different from any other real estate solutions provider. Contact us and we guarantee the following:

  1. We will always make you an immediate offer
  2. We will always offer to list your home, with one of our affiliate agents, with our purchase offer as a back-up
  3. We will also make you some creative offers that may be more beneficial to your situation and timeframe
  4. We will share with you a market analysis on your home, that determines it’s as-is value, in today’s market, compared to homes recently sold around yours
  5. Our offers are no-pressure, no-obligation

The only way we cannot help you is if you do not contact us today.

 

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One Response to “Austin Real Estate Market Update October 2012”

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