austin local market report february 2011

Upload: bryce-cathcart

Post on 08-Apr-2018

216 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/7/2019 Austin Local Market Report February 2011

    1/27

    2010 2011 + / 2010 2011 + /

    New Listings 241 171 - 29.0% 444 353 - 20.5%

    Closed Sales 53 56 + 5.7% 85 108 + 27.1%

    Median Sales Price* $300,000 $318,055 + 6.0% $299,000 $317,803 + 6.3%

    Average Sales Price* $411,249 $436,661 + 6.2% $374,496 $421,148 + 12.5%

    Percent of Original List Price Received* 92.2% 92.8% + 0.7% 91.8% 92.2% + 0.4%

    Days on Market Until Sale 79 108 + 36.6% 90 95 + 5.0%

    Inventory Single-Family Detached** 292 268 - 8.2% -- -- --

    Inventory Townhouse-Condo** 430 305 - 29.1% -- -- --

    - 29.0% + 5.7% + 6.0%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Austin - Central

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    444

    353

    Year to Date 2010 2011

    241

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Austin - Central

    All MLS

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    444

    85

    353

    108

    New Listings Closed Sales

    Year to Date 2010 2011

    + 27.1%- 20.5%

    241

    53

    171

    56

    New Listings Closed Sales

    February 2010 2011

    + 5.7%- 29.0%

    . .

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    444

    85

    353

    108

    New Listings Closed Sales

    Year to Date 2010 2011

    + 27.1%- 20.5%

    241

    53

    171

    56

    New Listings Closed Sales

    February 2010 2011

    + 5.7%- 29.0%

  • 8/7/2019 Austin Local Market Report February 2011

    2/27

    2010 2011 + / 2010 2011 + /

    New Listings 217 148 - 31.8% 434 309 - 28.8%

    Closed Sales 83 66 - 20.5% 147 103 - 29.9%

    Median Sales Price* $137,000 $141,250 + 3.1% $140,000 $143,000 + 2.1%

    Average Sales Price* $147,331 $148,343 + 0.7% $156,060 $146,666 - 6.0%

    Percent of Original List Price Received* 92.2% 90.9% - 1.4% 93.2% 89.3% - 4.1%

    Days on Market Until Sale 64 73 + 14.3% 66 83 + 25.8%

    Inventory Single-Family Detached** 567 477 - 15.9% -- -- --

    Inventory Townhouse-Condo** 100 73 - 27.0% -- -- --

    - 31.8% - 20.5% + 3.1%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Austin - East

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    434

    Year to Date 2010 2011

    217

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Austin - East

    All MLS

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    + 25%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    434

    147

    309

    103

    New Listings Closed Sales

    Year to Date 2010 2011

    - 29.9%- 28.8%

    217

    83

    148

    66

    New Listings Closed Sales

    February 2010 2011

    - 20.5%- 31.8%

    . .

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    + 25%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    434

    147

    309

    103

    New Listings Closed Sales

    Year to Date 2010 2011

    - 29.9%- 28.8%

    217

    83

    148

    66

    New Listings Closed Sales

    February 2010 2011

    - 20.5%- 31.8%

  • 8/7/2019 Austin Local Market Report February 2011

    3/27

    2010 2011 + / 2010 2011 + /

    New Listings 164 104 - 36.6% 312 221 - 29.2%

    Closed Sales 54 55 + 1.9% 97 132 + 36.1%

    Median Sales Price* $167,371 $165,000 - 1.4% $165,000 $165,000 0.0%

    Average Sales Price* $174,266 $174,685 + 0.2% $171,227 $177,103 + 3.4%

    Percent of Original List Price Received* 93.6% 91.2% - 2.6% 93.5% 91.5% - 2.1%

    Days on Market Until Sale 63 83 + 32.1% 58 77 + 32.0%

    Inventory Single-Family Detached** 250 257 + 2.8% -- -- --

    Inventory Townhouse-Condo** 117 118 + 0.9% -- -- --

    - 36.6% + 1.9% - 1.4%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales PriceAustin - North

    Central

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    312

    Year to Date 2010 2011

    164

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Austin - North Central

    All MLS

    - 8%

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    312

    97

    221

    132

    New Listings Closed Sales

    Year to Date 2010 2011

    + 36.1%- 29.2%

    164

    54

    104

    55

    New Listings Closed Sales

    February 2010 2011

    + 1.9%- 36.6%

    . .

    - 8%

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    312

    97

    221

    132

    New Listings Closed Sales

    Year to Date 2010 2011

    + 36.1%- 29.2%

    164

    54

    104

    55

    New Listings Closed Sales

    February 2010 2011

    + 1.9%- 36.6%

  • 8/7/2019 Austin Local Market Report February 2011

    4/27

    2010 2011 + / 2010 2011 + /

    New Listings 189 159 - 15.9% 387 307 - 20.7%

    Closed Sales 102 77 - 24.5% 177 152 - 14.1%

    Median Sales Price* $201,250 $255,000 + 26.7% $199,008 $241,500 + 21.4%

    Average Sales Price* $229,060 $276,752 + 20.8% $228,024 $260,033 + 14.0%

    Percent of Original List Price Received* 96.2% 93.3% - 3.0% 96.5% 93.3% - 3.3%

    Days on Market Until Sale 54 68 + 25.9% 56 74 + 32.1%

    Inventory Single-Family Detached** 337 324 - 3.9% -- -- --

    Inventory Townhouse-Condo** 117 152 + 29.9% -- -- --

    - 15.9% - 24.5% + 26.7%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales PriceAustin -

    Northwest

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    387

    307

    Year to Date 2010 2011

    189

    159

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Austin - Northwest

    All MLS

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    + 25%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    387

    177

    307

    152

    New Listings Closed Sales

    Year to Date 2010 2011

    - 14.1%- 20.7%

    189

    102

    159

    77

    New Listings Closed Sales

    February 2010 2011

    - 24.5%- 15.9%

    . .

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    + 25%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    387

    177

    307

    152

    New Listings Closed Sales

    Year to Date 2010 2011

    - 14.1%- 20.7%

    189

    102

    159

    77

    New Listings Closed Sales

    February 2010 2011

    - 24.5%- 15.9%

  • 8/7/2019 Austin Local Market Report February 2011

    5/27

    2010 2011 + / 2010 2011 + /

    New Listings 237 165 - 30.4% 443 350 - 21.0%

    Closed Sales 85 65 - 23.5% 148 132 - 10.8%

    Median Sales Price* $194,500 $183,880 - 5.5% $183,700 $176,400 - 4.0%

    Average Sales Price* $229,264 $219,817 - 4.1% $227,825 $213,263 - 6.4%

    Percent of Original List Price Received* 95.1% 89.7% - 5.7% 94.2% 90.5% - 4.0%

    Days on Market Until Sale 52 95 + 84.1% 59 90 + 53.7%

    Inventory Single-Family Detached** 327 388 + 18.7% -- -- --

    Inventory Townhouse-Condo** 197 132 - 33.0% -- -- --

    - 30.4% - 23.5% - 5.5%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Austin - South

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    443

    350

    Year to Date 2010 2011

    237

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Austin - South

    All MLS

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    + 10%

    + 12%

    + 14%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    443

    148

    350

    132

    New Listings Closed Sales

    Year to Date 2010 2011

    - 10.8%- 21.0%

    237

    85

    165

    65

    New Listings Closed Sales

    February 2010 2011

    - 23.5%- 30.4%

    . .

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    + 10%

    + 12%

    + 14%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    443

    148

    350

    132

    New Listings Closed Sales

    Year to Date 2010 2011

    - 10.8%- 21.0%

    237

    85

    165

    65

    New Listings Closed Sales

    February 2010 2011

    - 23.5%- 30.4%

  • 8/7/2019 Austin Local Market Report February 2011

    6/27

    2010 2011 + / 2010 2011 + /

    New Listings 130 71 - 45.4% 238 150 - 37.0%

    Closed Sales 43 37 - 14.0% 87 77 - 11.5%

    Median Sales Price* $125,000 $89,900 - 28.1% $115,000 $111,000 - 3.5%

    Average Sales Price* $124,936 $113,694 - 9.0% $117,528 $114,587 - 2.5%

    Percent of Original List Price Received* 91.7% 91.8% + 0.1% 92.8% 90.8% - 2.1%

    Days on Market Until Sale 53 75 + 42.2% 55 73 + 33.5%

    Inventory Single-Family Detached** 260 255 - 1.9% -- -- --

    Inventory Townhouse-Condo** 80 78 - 2.5% -- -- --

    - 45.4% - 14.0% - 28.1%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales PriceAustin -

    Southeast

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    238

    Year to Date 2010 2011

    130

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Austin - Southeast

    All MLS

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    238

    87

    150

    77

    New Listings Closed Sales

    Year to Date 2010 2011

    - 11.5%- 37.0%

    130

    43

    71

    37

    New Listings Closed Sales

    February 2010 2011

    - 14.0%- 45.4%

    . .

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    238

    87

    150

    77

    New Listings Closed Sales

    Year to Date 2010 2011

    - 11.5%- 37.0%

    130

    43

    71

    37

    New Listings Closed Sales

    February 2010 2011

    - 14.0%- 45.4%

  • 8/7/2019 Austin Local Market Report February 2011

    7/27

    2010 2011 + / 2010 2011 + /

    New Listings 202 114 - 43.6% 347 228 - 34.3%

    Closed Sales 80 56 - 30.0% 116 126 + 8.6%

    Median Sales Price* $246,750 $245,000 - 0.7% $244,350 $250,000 + 2.3%

    Average Sales Price* $253,538 $263,467 + 3.9% $250,191 $254,772 + 1.8%

    Percent of Original List Price Received* 94.4% 94.3% - 0.1% 94.7% 93.8% - 0.9%

    Days on Market Until Sale 71 75 + 5.6% 66 76 + 13.9%

    Inventory Single-Family Detached** 290 281 - 3.1% -- -- --

    Inventory Townhouse-Condo** 14 16 + 14.3% -- -- --

    - 43.6% - 30.0% - 0.7%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales PriceAustin -

    Southwest

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    347

    Year to Date 2010 2011

    202

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Austin - Southwest

    All MLS

    - 8%

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    347

    116

    228

    126

    New Listings Closed Sales

    Year to Date 2010 2011

    + 8.6%- 34.3%

    202

    80

    114

    56

    New Listings Closed Sales

    February 2010 2011

    - 30.0%- 43.6%

    . .

    - 8%

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    347

    116

    228

    126

    New Listings Closed Sales

    Year to Date 2010 2011

    + 8.6%- 34.3%

    202

    80

    114

    56

    New Listings Closed Sales

    February 2010 2011

    - 30.0%- 43.6%

  • 8/7/2019 Austin Local Market Report February 2011

    8/27

    2010 2011 + / 2010 2011 + /

    New Listings 126 123 - 2.4% 235 225 - 4.3%

    Closed Sales 58 39 - 32.8% 99 74 - 25.3%

    Median Sales Price* $393,270 $469,000 + 19.3% $395,000 $466,500 + 18.1%

    Average Sales Price* $541,685 $505,562 - 6.7% $586,002 $561,639 - 4.2%

    Percent of Original List Price Received* 92.1% 92.4% + 0.3% 91.9% 92.1% + 0.2%

    Days on Market Until Sale 84 85 + 1.2% 85 89 + 4.7%

    Inventory Single-Family Detached** 363 293 - 19.3% -- -- --

    Inventory Townhouse-Condo** 49 50 + 2.0% -- -- --

    - 2.4% - 32.8% + 19.3%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales PriceAustin -

    West/Westlake

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    235225

    Year to Date 2010 2011

    126 123

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Austin - West/Westlake

    All MLS

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    235

    99

    225

    74

    New Listings Closed Sales

    Year to Date 2010 2011

    - 25.3%- 4.3%

    126

    58

    123

    39

    New Listings Closed Sales

    February 2010 2011

    - 32.8%- 2.4%

    . .

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    235

    99

    225

    74

    New Listings Closed Sales

    Year to Date 2010 2011

    - 25.3%- 4.3%

    126

    58

    123

    39

    New Listings Closed Sales

    February 2010 2011

    - 32.8%- 2.4%

  • 8/7/2019 Austin Local Market Report February 2011

    9/27

    2010 2011 + / 2010 2011 + /

    New Listings 102 80 - 21.6% 189 178 - 5.8%

    Closed Sales 31 25 - 19.4% 57 41 - 28.1%

    Median Sales Price* $135,000 $130,000 - 3.7% $124,000 $130,000 + 4.8%

    Average Sales Price* $132,150 $167,501 + 26.8% $128,561 $157,538 + 22.5%

    Percent of Original List Price Received* 92.9% 95.5% + 2.7% 91.4% 94.1% + 3.0%

    Days on Market Until Sale 100 126 + 25.9% 92 112 + 21.2%

    Inventory Single-Family Detached** 310 344 + 11.0% -- -- --

    Inventory Townhouse-Condo** 1 3 + 200.0% -- -- --

    - 21.6% - 19.4% - 3.7%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Bastrop/Smithville

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    189178

    Year to Date 2010 2011

    102

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Bastrop/Smithville

    All MLS

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    189

    57

    178

    41

    New Listings Closed Sales

    Year to Date 2010 2011

    - 28.1%- 5.8%

    102

    31

    80

    25

    New Listings Closed Sales

    February 2010 2011

    - 19.4%- 21.6%

    . .

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    189

    57

    178

    41

    New Listings Closed Sales

    Year to Date 2010 2011

    - 28.1%- 5.8%

    102

    31

    80

    25

    New Listings Closed Sales

    February 2010 2011

    - 19.4%- 21.6%

  • 8/7/2019 Austin Local Market Report February 2011

    10/27

    2010 2011 + / 2010 2011 + /

    New Listings 5 3 - 40.0% 8 8 0.0%

    Closed Sales 1 0 - 100.0% 1 1 0.0%

    Median Sales Price* $44,000 $0 - 100.0% $44,000 $85,000 + 93.2%

    Average Sales Price* $44,000 $0 - 100.0% $44,000 $85,000 + 93.2%

    Percent of Original List Price Received* 95.9% 0.0% - 100.0% 95.9% 100.0% + 4.3%

    Days on Market Until Sale 6 0 - 100.0% 6 105 + 1650.0%

    Inventory Single-Family Detached** 18 11 - 38.9% -- -- --

    Inventory Townhouse-Condo** 1 1 0.0% -- -- --

    - 40.0% - 100.0% - 100.0%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Bell

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    8 8

    Year to Date 2010 2011

    5

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Bell

    All MLS

    - 50%

    0%

    + 50%

    + 100%

    + 150%

    + 200%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    8

    1

    8

    1

    New Listings Closed Sales

    Year to Date 2010 2011

    0.0%0.0%

    5

    1

    3

    0

    New Listings Closed Sales

    February 2010 2011

    - 100.0%- 40.0%

    . .

    - 50%

    0%

    + 50%

    + 100%

    + 150%

    + 200%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    8

    1

    8

    1

    New Listings Closed Sales

    Year to Date 2010 2011

    0.0%0.0%

    5

    1

    3

    0

    New Listings Closed Sales

    February 2010 2011

    - 100.0%- 40.0%

  • 8/7/2019 Austin Local Market Report February 2011

    11/27

    2010 2011 + / 2010 2011 + /

    New Listings 80 59 - 26.3% 137 137 0.0%

    Closed Sales 9 18 + 100.0% 28 30 + 7.1%

    Median Sales Price* $172,500 $167,000 - 3.2% $172,000 $180,000 + 4.7%

    Average Sales Price* $571,101 $214,303 - 62.5% $300,708 $260,774 - 13.3%

    Percent of Original List Price Received* 93.9% 90.4% - 3.7% 88.2% 88.1% - 0.1%

    Days on Market Until Sale 54 94 + 74.4% 89 124 + 39.0%

    Inventory Single-Family Detached** 310 354 + 14.2% -- -- --

    Inventory Townhouse-Condo** 12 20 + 66.7% -- -- --

    - 26.3% + 100.0% - 3.2%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Burnet/Llano

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    137 137

    Year to Date 2010 2011

    80

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Burnet/Llano

    All MLS

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    + 25%

    + 30%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    137

    28

    137

    30

    New Listings Closed Sales

    Year to Date 2010 2011

    + 7.1%0.0%

    80

    9

    59

    18

    New Listings Closed Sales

    February 2010 2011

    + 100.0%- 26.3%

    . .

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    + 25%

    + 30%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    137

    28

    137

    30

    New Listings Closed Sales

    Year to Date 2010 2011

    + 7.1%0.0%

    80

    9

    59

    18

    New Listings Closed Sales

    February 2010 2011

    + 100.0%- 26.3%

  • 8/7/2019 Austin Local Market Report February 2011

    12/27

    2010 2011 + / 2010 2011 + /

    New Listings 36 15 - 58.3% 76 41 - 46.1%

    Closed Sales 15 10 - 33.3% 23 18 - 21.7%

    Median Sales Price* $142,900 $90,500 - 36.7% $113,500 $108,000 - 4.8%

    Average Sales Price* $146,510 $90,040 - 38.5% $127,770 $109,500 - 14.3%

    Percent of Original List Price Received* 85.3% 90.4% + 5.9% 86.8% 92.1% + 6.1%

    Days on Market Until Sale 150 104 - 30.8% 118 84 - 29.1%

    Inventory Single-Family Detached** 138 160 + 15.9% -- -- --

    Inventory Townhouse-Condo** 2 2 0.0% -- -- --

    - 58.3% - 33.3% - 36.7%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Caldwell/Fayette

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    76

    Year to Date 2010 2011

    36

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Caldwell/Fayette

    All MLS

    - 20%

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    + 25%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    76

    23

    41

    18

    New Listings Closed Sales

    Year to Date 2010 2011

    - 21.7%- 46.1%

    36

    1515

    10

    New Listings Closed Sales

    February 2010 2011

    - 33.3%- 58.3%

    . .

    - 20%

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    + 25%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    76

    23

    41

    18

    New Listings Closed Sales

    Year to Date 2010 2011

    - 21.7%- 46.1%

    36

    1515

    10

    New Listings Closed Sales

    February 2010 2011

    - 33.3%- 58.3%

  • 8/7/2019 Austin Local Market Report February 2011

    13/27

    2010 2011 + / 2010 2011 + /

    New Listings 310 262 - 15.5% 602 490 - 18.6%

    Closed Sales 129 89 - 31.0% 217 196 - 9.7%

    Median Sales Price* $161,000 $190,000 + 18.0% $166,800 $172,051 + 3.1%

    Average Sales Price* $213,046 $226,259 + 6.2% $210,949 $203,975 - 3.3%

    Percent of Original List Price Received* 93.9% 92.9% - 1.1% 93.7% 93.2% - 0.6%

    Days on Market Until Sale 72 81 + 12.5% 76 79 + 2.8%

    Inventory Single-Family Detached** 788 732 - 7.1% -- -- --

    Inventory Townhouse-Condo** 50 20 - 60.0% -- -- --

    - 15.5% - 31.0% + 18.0%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales PriceCedar

    Park/Leander

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    602

    490

    Year to Date 2010 2011

    310

    262

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Cedar Park/Leander

    All MLS

    - 8%

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    + 10%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    602

    217

    490

    196

    New Listings Closed Sales

    Year to Date 2010 2011

    - 9.7%- 18.6%

    310

    129

    262

    89

    New Listings Closed Sales

    February 2010 2011

    - 31.0%- 15.5%

    . .

    - 8%

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    + 10%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    602

    217

    490

    196

    New Listings Closed Sales

    Year to Date 2010 2011

    - 9.7%- 18.6%

    310

    129

    262

    89

    New Listings Closed Sales

    February 2010 2011

    - 31.0%- 15.5%

  • 8/7/2019 Austin Local Market Report February 2011

    14/27

    2010 2011 + / 2010 2011 + /

    New Listings 8 15 + 87.5% 19 30 + 57.9%

    Closed Sales 1 5 + 400.0% 4 13 + 225.0%

    Median Sales Price* $250,000 $75,000 - 70.0% $237,500 $180,000 - 24.2%

    Average Sales Price* $250,000 $91,085 - 63.6% $210,475 $159,256 - 24.3%

    Percent of Original List Price Received* 83.3% 90.5% + 8.6% 84.5% 90.8% + 7.4%

    Days on Market Until Sale 202 106 - 47.6% 167 96 - 42.5%

    Inventory Single-Family Detached** 64 68 + 6.3% -- -- --

    Inventory Townhouse-Condo** 1 23 + 2200.0% -- -- --

    + 87.5% + 400.0% - 70.0%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Comal/Guadalupe/Gonzales

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    30

    Year to Date 2010 2011

    15

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Comal/Guadalupe/Gonzales

    All MLS

    - 30%

    - 20%

    - 10%

    0%

    + 10%

    + 20%

    + 30%

    + 40%

    + 50%

    + 60%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    19

    4

    30

    13

    New Listings Closed Sales

    Year to Date 2010 2011

    + 225.0%+ 57.9%

    8

    1

    15

    5

    New Listings Closed Sales

    February 2010 2011

    + 400.0%+ 87.5%

    . .

    - 30%

    - 20%

    - 10%

    0%

    + 10%

    + 20%

    + 30%

    + 40%

    + 50%

    + 60%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    19

    4

    30

    13

    New Listings Closed Sales

    Year to Date 2010 2011

    + 225.0%+ 57.9%

    8

    1

    15

    5

    New Listings Closed Sales

    February 2010 2011

    + 400.0%+ 87.5%

  • 8/7/2019 Austin Local Market Report February 2011

    15/27

    2010 2011 + / 2010 2011 + /

    New Listings 99 88 - 11.1% 185 164 - 11.4%

    Closed Sales 36 32 - 11.1% 69 51 - 26.1%

    Median Sales Price* $246,250 $276,250 + 12.2% $264,000 $252,000 - 4.5%

    Average Sales Price* $270,586 $286,862 + 6.0% $311,163 $269,875 - 13.3%

    Percent of Original List Price Received* 91.1% 91.8% + 0.8% 91.2% 91.7% + 0.5%

    Days on Market Until Sale 93 94 + 0.4% 111 94 - 14.8%

    Inventory Single-Family Detached** 393 368 - 6.4% -- -- --

    Inventory Townhouse-Condo** 14 10 - 28.6% -- -- --

    - 11.1% - 11.1% + 12.2%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Dripping Springs/Wimberley

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    185

    164

    Year to Date 2010 2011

    9988

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Dripping Springs/Wimberley

    All MLS

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    185

    69

    164

    51

    New Listings Closed Sales

    Year to Date 2010 2011

    - 26.1%- 11.4%

    99

    36

    88

    32

    New Listings Closed Sales

    February 2010 2011

    - 11.1%- 11.1%

    . .

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    185

    69

    164

    51

    New Listings Closed Sales

    Year to Date 2010 2011

    - 26.1%- 11.4%

    99

    36

    88

    32

    New Listings Closed Sales

    February 2010 2011

    - 11.1%- 11.1%

  • 8/7/2019 Austin Local Market Report February 2011

    16/27

    2010 2011 + / 2010 2011 + /

    New Listings 75 66 - 12.0% 156 119 - 23.7%

    Closed Sales 28 22 - 21.4% 52 36 - 30.8%

    Median Sales Price* $100,000 $106,000 + 6.0% $104,500 $97,500 - 6.7%

    Average Sales Price* $118,557 $124,102 + 4.7% $124,325 $112,298 - 9.7%

    Percent of Original List Price Received* 91.6% 92.6% + 1.1% 92.4% 91.6% - 0.9%

    Days on Market Until Sale 68 101 + 48.6% 65 93 + 42.8%

    Inventory Single-Family Detached** 246 236 - 4.1% -- -- --

    Inventory Townhouse-Condo** 1 1 0.0% -- -- --

    - 12.0% - 21.4% + 6.0%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Elgin/Manor

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    156

    Year to Date 2010 2011

    75

    66

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Elgin/Manor

    All MLS

    - 20%

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    156

    52

    119

    36

    New Listings Closed Sales

    Year to Date 2010 2011

    - 30.8%- 23.7%

    75

    28

    66

    22

    New Listings Closed Sales

    February 2010 2011

    - 21.4%- 12.0%

    . .

    - 20%

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    156

    52

    119

    36

    New Listings Closed Sales

    Year to Date 2010 2011

    - 30.8%- 23.7%

    75

    28

    66

    22

    New Listings Closed Sales

    February 2010 2011

    - 21.4%- 12.0%

  • 8/7/2019 Austin Local Market Report February 2011

    17/27

    2010 2011 + / 2010 2011 + /

    New Listings 148 129 - 12.8% 313 310 - 1.0%

    Closed Sales 58 60 + 3.4% 125 123 - 1.6%

    Median Sales Price* $206,000 $169,383 - 17.8% $195,950 $197,000 + 0.5%

    Average Sales Price* $245,263 $197,692 - 19.4% $233,461 $216,774 - 7.1%

    Percent of Original List Price Received* 93.0% 93.5% + 0.6% 92.0% 93.2% + 1.3%

    Days on Market Until Sale 109 92 - 16.0% 102 95 - 7.4%

    Inventory Single-Family Detached** 566 585 + 3.4% -- -- --

    Inventory Townhouse-Condo** 29 17 - 41.4% -- -- --

    - 12.8% + 3.4% - 17.8%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Georgetown

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    313 310

    Year to Date 2010 2011

    148

    129

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Georgetown

    All MLS

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    313

    125

    310

    123

    New Listings Closed Sales

    Year to Date 2010 2011

    - 1.6%- 1.0%

    148

    58

    129

    60

    New Listings Closed Sales

    February 2010 2011

    + 3.4%- 12.8%

    . .

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    313

    125

    310

    123

    New Listings Closed Sales

    Year to Date 2010 2011

    - 1.6%- 1.0%

    148

    58

    129

    60

    New Listings Closed Sales

    February 2010 2011

    + 3.4%- 12.8%

  • 8/7/2019 Austin Local Market Report February 2011

    18/27

    2010 2011 + / 2010 2011 + /

    New Listings 11 7 - 36.4% 27 17 - 37.0%

    Closed Sales 5 4 - 20.0% 8 8 0.0%

    Median Sales Price* $178,000 $213,263 + 19.8% $153,000 $211,750 + 38.4%

    Average Sales Price* $244,791 $197,781 - 19.2% $198,558 $457,940 + 130.6%

    Percent of Original List Price Received* 89.2% 79.4% - 11.0% 91.4% 82.9% - 9.3%

    Days on Market Until Sale 67 164 + 143.3% 76 217 + 184.1%

    Inventory Single-Family Detached** 56 50 - 10.7% -- -- --

    Inventory Townhouse-Condo** 0 0 -- -- -- --

    - 36.4% - 20.0% + 19.8%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Gillespie/Blanco

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    27

    Year to Date 2010 2011

    11

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Gillespie/Blanco

    All MLS

    - 40%

    - 20%

    0%

    + 20%

    + 40%

    + 60%

    + 80%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    27

    8

    17

    8

    New Listings Closed Sales

    Year to Date 2010 2011

    0.0%- 37.0%

    11

    5

    7

    4

    New Listings Closed Sales

    February 2010 2011

    - 20.0%- 36.4%

    . .

    - 40%

    - 20%

    0%

    + 20%

    + 40%

    + 60%

    + 80%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    27

    8

    17

    8

    New Listings Closed Sales

    Year to Date 2010 2011

    0.0%- 37.0%

    11

    5

    7

    4

    New Listings Closed Sales

    February 2010 2011

    - 20.0%- 36.4%

  • 8/7/2019 Austin Local Market Report February 2011

    19/27

    2010 2011 + / 2010 2011 + /

    New Listings 93 61 - 34.4% 208 162 - 22.1%

    Closed Sales 45 24 - 46.7% 63 61 - 3.2%

    Median Sales Price* $127,200 $124,250 - 2.3% $124,000 $133,000 + 7.3%

    Average Sales Price* $134,170 $131,415 - 2.1% $126,442 $131,240 + 3.8%

    Percent of Original List Price Received* 95.1% 95.1% + 0.0% 95.2% 92.2% - 3.2%

    Days on Market Until Sale 57 72 + 26.2% 53 87 + 65.0%

    Inventory Single-Family Detached** 355 343 - 3.4% -- -- --

    Inventory Townhouse-Condo** 0 0 -- -- -- --

    - 34.4% - 46.7% - 2.3%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Hutto/Taylor/Copeland

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    208

    Year to Date 2010 2011

    93

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Hutto/Taylor/Copeland

    All MLS

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    208

    63

    162

    61

    New Listings Closed Sales

    Year to Date 2010 2011

    - 3.2%- 22.1%

    93

    45

    61

    24

    New Listings Closed Sales

    February 2010 2011

    - 46.7%- 34.4%

    . .

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    208

    63

    162

    61

    New Listings Closed Sales

    Year to Date 2010 2011

    - 3.2%- 22.1%

    93

    45

    61

    24

    New Listings Closed Sales

    February 2010 2011

    - 46.7%- 34.4%

  • 8/7/2019 Austin Local Market Report February 2011

    20/27

    2010 2011 + / 2010 2011 + /

    New Listings 157 125 - 20.4% 322 274 - 14.9%

    Closed Sales 68 53 - 22.1% 117 93 - 20.5%

    Median Sales Price* $142,000 $139,620 - 1.7% $142,000 $130,000 - 8.5%

    Average Sales Price* $162,997 $156,346 - 4.1% $161,940 $140,691 - 13.1%

    Percent of Original List Price Received* 95.1% 92.6% - 2.7% 94.9% 92.7% - 2.3%

    Days on Market Until Sale 62 94 + 51.0% 72 85 + 19.3%

    Inventory Single-Family Detached** 467 468 + 0.2% -- -- --

    Inventory Townhouse-Condo** 10 13 + 30.0% -- -- --

    - 20.4% - 22.1% - 1.7%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Kyle/Buda/San Marcos

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    322

    274

    Year to Date 2010 2011

    157

    125

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Kyle/Buda/San Marcos

    All MLS

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    322

    117

    274

    93

    New Listings Closed Sales

    Year to Date 2010 2011

    - 20.5%- 14.9%

    157

    68

    125

    53

    New Listings Closed Sales

    February 2010 2011

    - 22.1%- 20.4%

    . .

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    322

    117

    274

    93

    New Listings Closed Sales

    Year to Date 2010 2011

    - 20.5%- 14.9%

    157

    68

    125

    53

    New Listings Closed Sales

    February 2010 2011

    - 22.1%- 20.4%

  • 8/7/2019 Austin Local Market Report February 2011

    21/27

    2010 2011 + / 2010 2011 + /

    New Listings 18 13 - 27.8% 27 42 + 55.6%

    Closed Sales 4 5 + 25.0% 8 9 + 12.5%

    Median Sales Price* $161,750 $185,000 + 14.4% $145,250 $160,000 + 10.2%

    Average Sales Price* $144,830 $179,650 + 24.0% $132,140 $136,850 + 3.6%

    Percent of Original List Price Received* 85.7% 88.4% + 3.2% 86.5% 90.5% + 4.6%

    Days on Market Until Sale 74 182 + 148.2% 135 181 + 34.0%

    Inventory Single-Family Detached** 90 118 + 31.1% -- -- --

    Inventory Townhouse-Condo** 0 0 -- -- -- --

    - 27.8% + 25.0% + 14.4%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Milam/Lee

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    42

    Year to Date 2010 2011

    18

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Milam/Lee

    All MLS

    - 40%

    - 20%

    0%

    + 20%

    + 40%

    + 60%

    + 80%

    + 100%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    27

    8

    42

    9

    New Listings Closed Sales

    Year to Date 2010 2011

    + 12.5%+ 55.6%

    18

    4

    13

    5

    New Listings Closed Sales

    February 2010 2011

    + 25.0%- 27.8%

    . .

    - 40%

    - 20%

    0%

    + 20%

    + 40%

    + 60%

    + 80%

    + 100%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    27

    8

    42

    9

    New Listings Closed Sales

    Year to Date 2010 2011

    + 12.5%+ 55.6%

    18

    4

    13

    5

    New Listings Closed Sales

    February 2010 2011

    + 25.0%- 27.8%

  • 8/7/2019 Austin Local Market Report February 2011

    22/27

    2010 2011 + / 2010 2011 + /

    New Listings 298 280 - 6.0% 608 526 - 13.5%

    Closed Sales 86 96 + 11.6% 157 186 + 18.5%

    Median Sales Price* $282,000 $309,148 + 9.6% $300,000 $340,500 + 13.5%

    Average Sales Price* $347,294 $429,520 + 23.7% $382,742 $443,136 + 15.8%

    Percent of Original List Price Received* 91.8% 89.7% - 2.3% 91.3% 90.2% - 1.3%

    Days on Market Until Sale 104 126 + 20.6% 108 112 + 3.3%

    Inventory Single-Family Detached** 1,144 1,009 - 11.8% -- -- --

    Inventory Townhouse-Condo** 180 117 - 35.0% -- -- --

    - 6.0% + 11.6% + 9.6%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales PriceNorthwest Travis

    Co.

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    608

    526

    Year to Date 2010 2011

    298280

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Northwest Travis Co.

    All MLS

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    608

    157

    526

    186

    New Listings Closed Sales

    Year to Date 2010 2011

    + 18.5%- 13.5%

    298

    86

    280

    96

    New Listings Closed Sales

    February 2010 2011

    + 11.6%- 6.0%

    . .

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    608

    157

    526

    186

    New Listings Closed Sales

    Year to Date 2010 2011

    + 18.5%- 13.5%

    298

    86

    280

    96

    New Listings Closed Sales

    February 2010 2011

    + 11.6%- 6.0%

  • 8/7/2019 Austin Local Market Report February 2011

    23/27

    2010 2011 + / 2010 2011 + /

    New Listings 11 3 - 72.7% 28 18 - 35.7%

    Closed Sales 1 4 + 300.0% 5 8 + 60.0%

    Median Sales Price* $48,000 $271,250 + 465.1% $182,000 $68,980 - 62.1%

    Average Sales Price* $48,000 $337,740 + 603.6% $174,000 $185,683 + 6.7%

    Percent of Original List Price Received* 92.3% 89.0% - 3.6% 90.7% 85.0% - 6.3%

    Days on Market Until Sale 193 227 + 17.6% 119 248 + 107.5%

    Inventory Single-Family Detached** 72 50 - 30.6% -- -- --

    Inventory Townhouse-Condo** 6 6 0.0% -- -- --

    - 72.7% + 300.0% + 465.1%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Other

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    28

    Year to Date 2010 2011

    11

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Other

    All MLS

    - 50%

    0%

    + 50%

    + 100%

    + 150%

    + 200%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    28

    5

    18

    8

    New Listings Closed Sales

    Year to Date 2010 2011

    + 60.0%- 35.7%

    11

    1

    34

    New Listings Closed Sales

    February 2010 2011

    + 300.0%- 72.7%

    . .

    - 50%

    0%

    + 50%

    + 100%

    + 150%

    + 200%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    28

    5

    18

    8

    New Listings Closed Sales

    Year to Date 2010 2011

    + 60.0%- 35.7%

    11

    1

    34

    New Listings Closed Sales

    February 2010 2011

    + 300.0%- 72.7%

  • 8/7/2019 Austin Local Market Report February 2011

    24/27

    2010 2011 + / 2010 2011 + /

    New Listings 200 128 - 36.0% 393 250 - 36.4%

    Closed Sales 64 52 - 18.8% 122 98 - 19.7%

    Median Sales Price* $150,900 $138,725 - 8.1% $151,900 $149,250 - 1.7%

    Average Sales Price* $156,202 $150,562 - 3.6% $158,750 $154,570 - 2.6%

    Percent of Original List Price Received* 94.7% 92.4% - 2.4% 94.5% 91.0% - 3.7%

    Days on Market Until Sale 59 94 + 58.1% 65 95 + 44.9%

    Inventory Single-Family Detached** 466 398 - 14.6% -- -- --

    Inventory Townhouse-Condo** 19 20 + 5.3% -- -- --

    - 36.0% - 18.8% - 8.1%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Pflugerville

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    393

    Year to Date 2010 2011

    200

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Pflugerville

    All MLS

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    393

    122

    250

    98

    New Listings Closed Sales

    Year to Date 2010 2011

    - 19.7%- 36.4%

    200

    64

    128

    52

    New Listings Closed Sales

    February 2010 2011

    - 18.8%- 36.0%

    . .

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    393

    122

    250

    98

    New Listings Closed Sales

    Year to Date 2010 2011

    - 19.7%- 36.4%

    200

    64

    128

    52

    New Listings Closed Sales

    February 2010 2011

    - 18.8%- 36.0%

  • 8/7/2019 Austin Local Market Report February 2011

    25/27

    2010 2011 + / 2010 2011 + /

    New Listings 316 240 - 24.1% 622 483 - 22.3%

    Closed Sales 118 104 - 11.9% 231 216 - 6.5%

    Median Sales Price* $192,398 $194,384 + 1.0% $190,795 $207,550 + 8.8%

    Average Sales Price* $213,401 $210,800 - 1.2% $213,488 $218,538 + 2.4%

    Percent of Original List Price Received* 94.2% 94.1% - 0.1% 94.1% 93.0% - 1.2%

    Days on Market Until Sale 67 82 + 22.2% 68 84 + 23.2%

    Inventory Single-Family Detached** 772 726 - 6.0% -- -- --

    Inventory Townhouse-Condo** 27 17 - 37.0% -- -- --

    - 24.1% - 11.9% + 1.0%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Round Rock

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    622

    483

    Year to Date 2010 2011

    316

    240

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Round Rock

    All MLS

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    + 10%

    + 12%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    622

    231

    483

    216

    New Listings Closed Sales

    Year to Date 2010 2011

    - 6.5%- 22.3%

    316

    118

    240

    104

    New Listings Closed Sales

    February 2010 2011

    - 11.9%- 24.1%

    . .

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    + 10%

    + 12%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    622

    231

    483

    216

    New Listings Closed Sales

    Year to Date 2010 2011

    - 6.5%- 22.3%

    316

    118

    240

    104

    New Listings Closed Sales

    February 2010 2011

    - 11.9%- 24.1%

  • 8/7/2019 Austin Local Market Report February 2011

    26/27

    2010 2011 + / 2010 2011 + /

    New Listings 11 2 - 81.8% 29 3 - 89.7%

    Closed Sales 2 4 + 100.0% 7 5 - 28.6%

    Median Sales Price* $101,500 $167,750 + 65.3% $57,000 $118,000 + 107.0%

    Average Sales Price* $101,500 $146,475 + 44.3% $145,500 $130,580 - 10.3%

    Percent of Original List Price Received* 85.6% 106.6% + 24.6% 93.6% 104.5% + 11.7%

    Days on Market Until Sale 24 201 + 735.4% 28 168 + 508.6%

    Inventory Single-Family Detached** 46 18 - 60.9% -- -- --

    Inventory Townhouse-Condo** 0 0 -- -- -- --

    - 81.8% + 100.0% + 65.3%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Williamson East

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    29

    Year to Date 2010 2011

    11

    February 2010 2011

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro o rtioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketin

    Williamson East

    All MLS

    - 60%

    - 40%

    - 20%

    0%

    + 20%

    + 40%

    + 60%

    + 80%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    29

    7

    3

    5

    New Listings Closed Sales

    Year to Date 2010 2011

    - 28.6%- 89.7%

    11

    22

    4

    New Listings Closed Sales

    February 2010 2011

    + 100.0%- 81.8%

    . .

    - 60%

    - 40%

    - 20%

    0%

    + 20%

    + 40%

    + 60%

    + 80%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    29

    7

    3

    5

    New Listings Closed Sales

    Year to Date 2010 2011

    - 28.6%- 89.7%

    11

    22

    4

    New Listings Closed Sales

    February 2010 2011

    + 100.0%- 81.8%

  • 8/7/2019 Austin Local Market Report February 2011

    27/27

    2010 2011 + / 2010 2011 + /

    New Listings 7 11 + 57.1% 18 27 + 50.0%

    Closed Sales 5 2 - 60.0% 7 6 - 14.3%

    Median Sales Price* $114,000 $152,995 + 34.2% $85,601 $134,745 + 57.4%

    Average Sales Price* $112,920 $152,995 + 35.5% $93,557 $133,965 + 43.2%

    Percent of Original List Price Received* 97.8% 93.2% - 4.7% 95.8% 90.2% - 5.9%

    Days on Market Until Sale 56 346 + 519.2% 76 191 + 149.9%

    Inventory Single-Family Detached** 62 58 - 6.5% -- -- --

    Inventory Townhouse-Condo** 0 0 -- -- -- --

    + 57.1% - 60.0% + 34.2%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    Williamson North

    Local Market Update February 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    February Year to Date

    A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

    27

    Year to Date 2010 2011

    11

    February 2010 2011

    Williamson North

    All MLS

    - 30%

    - 20%

    - 10%

    0%

    + 10%

    + 20%

    + 30%

    + 40%

    + 50%

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    18

    7

    27

    6

    New Listings Closed Sales

    Year to Date 2010 2011

    - 14.3%+ 50.0%

    7

    5

    11

    2

    New Listings Closed Sales

    February 2010 2011

    - 60.0%+ 57.1%

    - 30%

    - 20%

    - 10%

    0%

    + 10%

    + 20%

    + 30%

    + 40%

    + 50%

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    18

    7

    27

    6

    New Listings Closed Sales

    Year to Date 2010 2011

    - 14.3%+ 50.0%

    7

    5

    11

    2

    New Listings Closed Sales

    February 2010 2011

    - 60.0%+ 57.1%