8/8/2019 August 2010 Market Statistics | Austin Real Estate
1/15
8/8/2019 August 2010 Market Statistics | Austin Real Estate
2/15
New ListingsA Monthly Indicator from the Austin Board of REALTORS
3,5443,281
2,978
2008 2009 2010
August
28,153 27,610
30,366
2008 2009 2010
Year to Date
One YearChange:
- 9.2%
Two YearChange:
- 16.0%
One YearChange:
+ 10.0%
Two YearChange:
+ 7.9%
3,5443,281
2,978
2008 2009 2010
August
28,153 27,610
30,366
2008 2009 2010
Year to Date
One YearChange:
- 9.2%
Two YearChange:
- 16.0%
One YearChange:
+ 10.0%
Two YearChange:
+ 7.9%
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
5,500
Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10
Historical Market Activity
New Listings Pending Sales Closed Sales
All data from the ABOR Multiple Listing Service. Reports are created and maintained by 10K Research and Marketing. 2
Team Price Real Estate | http://www.teamprice.com
8/8/2019 August 2010 Market Statistics | Austin Real Estate
3/15
Pending SalesA Monthly Indicator from the Austin Board of REALTORS
1,848
2,045
1,700
2008 2009 2010
April
17,305
15,010 15,151
2008 2009 2010
January through April
1,848
2,045
1,700
August
17,305
15,010 15,151
Year to Date
One YearChange:
- 16.9%
Two YearChange:
- 8.0%
One YearChange:
+ 0.9%
Two YearChange:
- 12.4%
1,848
2,045
1,700
2008 2009 2010
April
17,305
15,010 15,151
2008 2009 2010
January through April
1,848
2,045
1,700
2008 2009 2010
August
17,305
15,010 15,151
2008 2009 2010
Year to Date
One YearChange:
- 16.9%
Two YearChange:
- 8.0%
One YearChange:
+ 0.9%
Two YearChange:
- 12.4%
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10
Historical Market Activity
New Listings Pending Sales Closed Sales
All data from the ABOR Multiple Listing Service. Reports are created and maintained by 10K Research and Marketing. 3
Team Price Real Estate | http://www.teamprice.com
8/8/2019 August 2010 Market Statistics | Austin Real Estate
4/15
Closed SalesA Monthly Indicator from the Austin Board of REALTORS
2,214
1,975
1,568
2008 2009 2010
April
16,660
13,71514,212
2008 2009 2010
January through April
2,214
1,975
1,568
August
16,660
13,71514,212
Year to Date
- 20.6%
One YearChange:
+ 3.6%
Two YearChange:
- 14.7%
One YearChange:
Two YearChange:
- 29.2%
2,214
1,975
1,568
2008 2009 2010
April
16,660
13,71514,212
2008 2009 2010
January through April
2,214
1,975
1,568
2008 2009 2010
August
16,660
13,71514,212
2008 2009 2010
Year to Date
- 20.6%
One YearChange:
+ 3.6%
Two YearChange:
- 14.7%
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
5,500
Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10
Historical Market Activity
New Listings Pending Sales Closed Sales
One YearChange:
Two YearChange:
- 29.2%
All data from the ABOR Multiple Listing Service. Reports are created and maintained by 10K Research and Marketing. 4
Team Price Real Estate | http://www.teamprice.com
8/8/2019 August 2010 Market Statistics | Austin Real Estate
5/15
Days on Market Until SaleA Monthly Indicator from the Austin Board of REALTORS
65
73 72
2008 2009 2010
April
65
77
69
2008 2009 2010
January through April
65
73 72
2008 2009 2010
August
65
77
69
2008 2009 2010
Year to Date
One YearChange:
- 1.4%
Two YearChange:
+ 10.4%
One YearChange:
- 10.7%
Two YearChange:
+ 5.0%
65
73 72
2008 2009 2010
April
65
77
69
2008 2009 2010
January through April
65
73 72
2008 2009 2010
August
65
77
69
2008 2009 2010
Year to Date
One YearChange:
- 1.4%
Two YearChange:
+ 10.4%
One YearChange:
- 10.7%
Two YearChange:
+ 5.0%
50
60
70
80
90
Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10
Historical Days on Market Until Sale
All data from the ABOR Multiple Listing Service. Reports are created and maintained by 10K Research and Marketing. 5
Team Price Real Estate | http://www.teamprice.com
8/8/2019 August 2010 Market Statistics | Austin Real Estate
6/15
Median Sales PriceA Monthly Indicator from the Austin Board of REALTORS
$192,190$185,370
$195,331
2008 2009 2010
April
$189,500 $186,500 $189,000
2008 2009 2010
January through April
$192,190$185,370
$195,331
August
$189,500 $186,500 $189,000
Year to Date
One YearChange:
+ 5.4%
Two YearChange:
+ 1.6%
One YearChange:
+ 1.3%
Two YearChange:
- 0.3%
Figures do not take into account seller concessions.
$192,190$185,370
$195,331
2008 2009 2010
April
$189,500 $186,500 $189,000
2008 2009 2010
January through April
$192,190$185,370
$195,331
2008 2009 2010
August
$189,500 $186,500 $189,000
2008 2009 2010
Year to Date
One YearChange:
+ 5.4%
Two YearChange:
+ 1.6%
One YearChange:
+ 1.3%
Two YearChange:
- 0.3%
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
$210,000
$220,000
Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10
Historical Median Prices
Figures do not take into account seller concessions.
All data from the ABOR Multiple Listing Service. Reports are created and maintained by 10K Research and Marketing. 6
Team Price Real Estate | http://www.teamprice.com
8/8/2019 August 2010 Market Statistics | Austin Real Estate
7/15
Average Sales PriceA Monthly Indicator from the Austin Board of REALTORS
$249,782$235,928
$260,456
2008 2009 2010
April
$245,989$236,710
$245,605
2008 2009 2010
January through April
$249,782$235,928
$260,456
August
$245,989$236,710
$245,605
Year to Date
One YearChange:
+ 10.4%
Two YearChange:
+ 4.3%
One YearChange:
+ 3.8%
Two YearChange:
- 0.2%
Figures do not take into account seller concessions.
$249,782$235,928
$260,456
2008 2009 2010
April
$245,989$236,710
$245,605
2008 2009 2010
January through April
$249,782$235,928
$260,456
2008 2009 2010
August
$245,989$236,710
$245,605
2008 2009 2010
Year to Date
One YearChange:
+ 10.4%
Two YearChange:
+ 4.3%
One YearChange:
+ 3.8%
Two YearChange:
- 0.2%
$175,000
$200,000
$225,000
$250,000
$275,000
$300,000
Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10
Historical Average Prices
Figures do not take into account seller concessions.
All data from the ABOR Multiple Listing Service. Reports are created and maintained by 10K Research and Marketing. 7
Team Price Real Estate | http://www.teamprice.com
8/8/2019 August 2010 Market Statistics | Austin Real Estate
8/15
Percent of Original List Price Received at SaleA Monthly Indicator from the Austin Board of REALTORS
94.4% 94.1%
92.4%
2008 2009 2010
August
94.9%
93.2%93.9%
2008 2009 2010
Year to Date
One YearChange:
+ 0.9%Two YearChange:
- 1.0%
The Percent of Original List Price Received at Sale is calculated bycomparing the final sales prices of closed sales to their original list prices.
This does not account for list prices from any previous listing contracts. Thesales price does not account for seller concessions.
One YearChange:
Two YearChange:
- 1.9%
- 2.1%
94.4% 94.1%
92.4%
2008 2009 2010
August
94.9%
93.2%93.9%
2008 2009 2010
Year to Date
One YearChange:
+ 0.9%Two YearChange:
- 1.0%
80.0%
85.0%
90.0%
95.0%
100.0%
Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10
Historical Percent of Original List Price Received at Sale
The Percent of Original List Price Received at Sale is calculated bycomparing the final sales prices of closed sales to their original list prices.
This does not account for list prices from any previous listing contracts. Thesales price does not account for seller concessions.
One YearChange:
Two YearChange:
- 1.9%
- 2.1%
All data from the ABOR Multiple Listing Service. Reports are created and maintained by 10K Research and Marketing. 8
Team Price Real Estate | http://www.teamprice.com
8/8/2019 August 2010 Market Statistics | Austin Real Estate
9/15
Housing Affordability IndexA Monthly Indicator from the Austin Board of REALTORS
132
152
135
2008 2009 2010
April
132
152
135
August
One YearChange:
- 11.1%
Two YearChange:
+ 2.0%
The HAI formula measures housing affordability for the Austin Housing Market. An HAI of120 means the median family income is 120% of the necessary income to qualify for themedian priced home using a 20% down, 30-year fixed rate mortgage.
132
152
135
2008 2009 2010
April
132
152
135
2008 2009 2010
August
One YearChange:
- 11.1%
Two YearChange:
+ 2.0%
120
130
140
150
160
170
180
Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10
Historical Housing Affordability Index
The HAI formula measures housing affordability for the Austin Housing Market. An HAI of120 means the median family income is 120% of the necessary income to qualify for themedian priced home using a 20% down, 30-year fixed rate mortgage.
All data from the ABOR Multiple Listing Service. Reports are created and maintained by 10K Research and Marketing. 9
Team Price Real Estate | http://www.teamprice.com
8/8/2019 August 2010 Market Statistics | Austin Real Estate
10/15
Housing Supply OutlookA Monthly Indicator from the Austin Board of REALTORS
Inventory of Active Listings
1,507
2,4992,663
2,528
1,641
1,062
372 317 314 305149
56
Up to $125,000 $125,001 to$175,000
$175,001 to$250,000
$250,001 to$400,000
$400,001 to$750,000
$750,001 andabove
Single-Family Condo-Townhouse
10,543
1,2301,357
283
Single-Family Condo-Townhouse
Previously Owned
New Construction
Months Supply of Inventory
A market is considered balanced between buyers and sellers when there is roughly a 5- to 6-month supply of homes available for purchase.
7.8 7.88.4
6.96.4
10.3
7.7 7.6
8.7
All Single-Family Condo-Townhouse
Previously Owned
New Construction
All
1,507
2,4992,663
2,528
1,641
1,062
372 317 314 305149
56
Up to $125,000 $125,001 to$175,000
$175,001 to$250,000
$250,001 to$400,000
$400,001 to$750,000
$750,001 andabove
Single-Family Condo-Townhouse
10,543
1,2301,357
283
Single-Family Condo-Townhouse
Previously Owned
New Construction
6.0 6.17.2 7.6
10.4
22.6
6.8 7.08.4
11.7
17.5
39.5
6.1 6.27.3 7.9
10.8
23.1
Up to $125,000 $125,001 to$175,000
$175,001 to$250,000
$250,001 to$400,000
$400,001 andabove
$750,001 andabove
Single-Family
Condo-Townhouse
All
All data from the ABOR Multiple Listing Service. Reports are created and maintained by 10K Research and Marketing. 10
Team Price Real Estate | http://www.teamprice.com
8/8/2019 August 2010 Market Statistics | Austin Real Estate
11/15
Housing Supply OutlookA Monthly Indicator from the Austin Board of REALTORS
Under $125,000Inventory Months Supply
1,805
1,446
359
74 61 13
All Sin le-Famil Condo-Townhouse
Previously Owned
New Construction
6.1 5.9
6.9
7.8
8.8
5.0
All Single-Family Condo-Townhouse
Previously Owned
New Construction
$125,001 to $175,000Inventory Months Supply
1,805
1,446
359
74 61 13
All Single-Family Condo-Townhouse
Previously Owned
New Construction
6.1 5.9
6.9
7.8
8.8
5.0
All Single-Family Condo-Townhouse
Previously Owned
New Construction
2,485
2,216
269331 283
48
All Single-Family Condo-Townhouse
Previously Owned
New Construction
6.3 6.2
7.4
5.3 5.3 5.3
All Single-Family Condo-Townhouse
Previously Owned
New Construction
All data from the ABOR Multiple Listing Service. Reports are created and maintained by 10K Research and Marketing. 11
Team Price Real Estate | http://www.teamprice.com
8/8/2019 August 2010 Market Statistics | Austin Real Estate
12/15
Housing Supply OutlookA Monthly Indicator from the Austin Board of REALTORS
$175,001 to $250,000Inventory Months Supply
2,571
2,319
252406 344
62
All Sin le-Famil Condo-Townhouse
Previously Owned
New Construction
7.6 7.58.0
5.95.5
10.2
All Single-Family Condo-Townhouse
Previously Owned
New Construction
$250,001 to $400,000Inventory Months Supply
2,571
2,319
252406 344
62
All Single-Family Condo-Townhouse
Previously Owned
New Construction
7.6 7.58.0
5.95.5
10.2
All Single-Family Condo-Townhouse
Previously Owned
New Construction
2,4172,211
206
416317
99
All Single-Family Condo-Townhouse
Previously Owned
New Construction
8.2 8.0
11.4
6.55.7
12.4
All Single-Family Condo-Townhouse
Previously Owned
New Construction
All data from the ABOR Multiple Listing Service. Reports are created and maintained by 10K Research and Marketing. 12
Team Price Real Estate | http://www.teamprice.com
8/8/2019 August 2010 Market Statistics | Austin Real Estate
13/15
Housing Supply OutlookA Monthly Indicator from the Austin Board of REALTORS
$400,001 to $750,000Inventory Months Supply
1,5201,411
109
270 230
40
All Sin le-Famil Condo-Townhouse
Previously Owned
New Construction
11.1 10.9
16.4
9.38.4
21.8
All Single-Family Condo-Townhouse
Previously Owned
New Construction
$750,001 and aboveInventory Months Supply
1,5201,411
109
270 230
40
All Single-Family Condo-Townhouse
Previously Owned
New Construction
11.1 10.9
16.4
9.38.4
21.8
All Single-Family Condo-Townhouse
Previously Owned
New Construction
975 940
35
143 122
21
All Single-Family Condo-Townhouse
Previously Owned
New Construction
22.6 22.624.7
27.2
23.2
0.0
All Single-Family Condo-Townhouse
Previously Owned
New Construction
All data from the ABOR Multiple Listing Service. Reports are created and maintained by 10K Research and Marketing. 13
Team Price Real Estate | http://www.teamprice.com
8/8/2019 August 2010 Market Statistics | Austin Real Estate
14/15
Market OverviewA Monthly Indicator from the Austin Board of REALTORS
This Year Last YearPercent
Change
5-Year
Average
This Year
Year-to-
Date
Last Year
Year-to-
Date
Percent
Change
5-Year
Year-to-
Date
Average
Jun 3,792 3,650 + 3.9% 4,062 23,714 20,639 + 14.9% 23,368
Jul 3,674 3,690 - 0.4% 3,938 27,388 24,329 + 12.6% 26,495
Aug 2,978 3,281 - 9.2% 3,563 30,366 27,610 + 10.0% 30,058
Pending Sales Jun 1,684 2,150 - 21.7% 2,404 11,746 10,876 + 8.0% 13,603Jul 1,705 2,089 - 18.4% 2,302 13,451 12,965 + 3.7% 15,905
Aug 1,700 2,045 - 16.9% 2,129 15,151 15,010 + 0.9% 18,034
Closed Sales Jun 2,199 2,271 - 3.2% 2,664 9,455 NA 12,452
Jul 1,623 2,285 - 29.0% 2,431 12,644 11,740 + 7.7% 14,883
Aug 1,568 1,975 - 20.6% 2,336 14,212 13,715 + 3.6% 17,219
Days on Market Until Sale Jun 67 76 - 12.9% 62 68 79 - 13.6% 66
Jul 70 73 - 3.6% 62 68 77 - 12.0% 65
August 2010
New Listings
Aug 72 73 - 1.4% 64 69 77 - 10.7% 65
Median Sales Price Jun $199,000 $195,000 + 2.1% $191,000 $185,000 $187,000 - 1.1% $182,384
Jul $212,000 $187,000 + 13.4% $190,400 $188,000 $187,000 + 0.5% $183,362
Aug $195,331 $185,370 + 5.4% $188,483 $189,000 $186,500 + 1.3% $184,080
Average Sales Price Jun $265,692 $245,000 + 8.4% $250,697 $238,874 $236,419 + 1.0% $238,249
Jul $276,970 $238,589 + 16.1% $250,981 $243,764 $236,841 + 2.9% $240,082
Aug $260,456 $235,928 + 10.4% $247,301 $245,605 $236,710 + 3.8% $240,990
Total Active Listings Available Jun 14,545 11,681 + 24.5%
Jul 14,573 11,449 + 27.3% -- -- -- -- --
Aug 13,706 10,940 + 25.3%Jun 94.1% 93.7% + 0.4% 95.5% 95.5% 92.8% + 3.0% 94.3%
Jul 93.2% 93.9% - 0.8% 95.1% 95.1% 93.0% + 2.3% 94.1%
Aug 92.4% 94.1% - 1.9% 94.7% 94.7% 93.2% + 1.6% 93.9%
Housing Affordability Index Jun 133 143 - 6.7% 136
Jul 126 149 - 15.5% 137 -- -- -- --
Aug 135 152 - 11.1% 139
Months Supply of Inventory Jun 7.9 7.0 - 6.7%
Jul 8.1 6.9 - 15.5% -- -- -- -- --Aug 7.7 6.5 - 11.1%
Percent of Original List
Price Received at Sale
All data from the ABOR Multiple Listing Service. Reports are created and maintained by 10K Research and Marketing. 14
Team Price Real Estate | http://www.teamprice.com
8/8/2019 August 2010 Market Statistics | Austin Real Estate
15/15
Annual ReviewA free research tool from the Austin Board of REALTORS
26,891
30,293
28,051
96.3% 96.8% 96.1%
April
$160,000$171,500
$184,000
96.3% 96.8% 96.1%
January through April
26,891
30,293
28,051
22,43720,905
Closed Sales
67
59 57
67
76Days on Market Until Sale
+ 12.7% - 7.4% - 20.0% - 12.8% - 2.4% + 17.1%- 6.8% + 12.5%
26,891
30,293
28,051
96.3% 96.8% 96.1%
April
$160,000$171,500
$184,000
96.3% 96.8% 96.1%
January through April
26,891
30,293
28,051
22,43720,905
2005 2006 2007 2008 2009
Closed Sales
67
59 57
67
76
2005 2006 2007 2008 2009
Days on Market Until Sale
$160,000$171,500
$184,000 $187,500 $185,000
2005 2006 2007 2008 2009
Median Sales Price
96.3%96.8%
96.1%
94.3%
93.4%
2005 2006 2007 2008 2009
Percent of Original List Price Received at Sale
+ 12.7% - 7.4% - 20.0% - 12.8% - 2.4% + 17.1%
+ 7.2% + 7.3% + 1.9%+ 0.5% - 0.7% - 1.8%
- 6.8% + 12.5%
- 1.3%- 1.0%
All data from the ABOR Multiple Listing Service. Reports are created and maintained by 10K Research and Marketing. 15
Team Price Real Estate | http://www.teamprice.com
Top Related