Oct 23

September Austin Residential Market Up

By Mark Pustka in Austin Economy, Austin Real Estate, Austin Real Estate Quarterly Review
October 23, 2009

September 2009 residential real estate activity showed improvement compared to September of 2008.

Consider that for September 2009 compared to September of 2008:

Home sales totalled 1,780 vs. 1,673 homes, a +6% increase.
The median home price was $185,250, +2% increase.
9,148 single family homes were being actively listed for sale, a 10% decrease.
The dollar volume of single family properties sold was 7% higher.

The Third Quarter of 2009 (July, August, September) Single Family Residential sales totaled the highest quarterly average of home sales for 2009.

“This spur in activity compared to last year is a good sign,” said Jay Gohil, chairman of the Austin Board of Realtors. “It shows the Austin-area real estate market is healthy and has remained stable.”

austin, Austin Economy, Austin Real Estate Market, Austin Residential

Mark Pustka

Permanent link to this article: https://atxre.com/september-austin-residential-market-up/

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