Market Conditions

Written by Posted On Thursday, 06 September 2007 17:00

Austin, Texas, is one of the most populous cities in the nation. Does supply keep up with demand?

One local expert reports that "demand was up 10 percent based on units sold." The same report indicates that supply is down 4 percent -- which could explain why average days on market has dropped a substantial 10 percent.

Median home prices are up 7 percent from last year -- bringing the July numbers to $190,000.

For information on your area, please click here .

Read 1113 times
Rate this item
(0 votes)

Realty Times

From buying and selling advice for consumers to money-making tips for Agents, our content, updated daily, has made Realty Times® a must-read, and see, for anyone involved in Real Estate.