Austin Residential Real Estate Market: 3rd Quarter 2009, by Roselind Hejl
Rosalind Hejl, Realtor with Coldwell Banker United in Austin does a great job of providing a market report for the 3rd quarter of 2009.
The Austin real estate market tightened slightly during the 3rd quarter of 2009. Inventory for Austin as a whole continues to stay in balance – with a level of 5.7 months of supply. This is down from 6.3 months of supply at the end of the 2nd Quarter. However, throughout the Austin area, there are local variations in the market.
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