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Friday, September 7, 2007

July Central Texas Market News

According to the recent MLS report by the Austin Board of Realtors (ABoR), Central Texas market for existing single family homes remains healthy.
  • Number of homes sold in July 2007 only fell 2 percent from July 2006.
  • The median price increased 7 percent from last July to a record sales price of $190,000.
  • Average days on market for homes are 55 days, down 7 percent from July 2006.
  • Active listings has increased by 13 percent from July 2006 while new listings fell by 2 percent.
  • Townhouse and condominium sales rose 17 percent from one year ago.
  • The median price for townhouses and condominiums rose 36 percent from one year ago.