Quick Links
News
Austin REALTOR® Print Edition
JANUARY / FEBRUARY 2012 |
 |
| ||||||||||||||
Click here for tablet friendly version. | |||||||||||||||
Austin-area home sales outpace prior year for seventh straight month in December; 2011 ends with increased sales volume, stable prices and strong demand
According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, single-family home sales in December 2011 outpaced the same month of the prior year for the seventh straight month, and year-end figures show momentum in Austin real estate heading into 2012.
In December 2011, a total of 1,581 single-family homes were sold in Austin, which is 11 percent more than December 2010. During the same time period, the median price for Austin homes was $187,940, which is one percent less than the same month of the prior year.
Leonard Guerrero, 2012 Chairman of the Austin Board of REALTORS®, commented, “December marked the seventh straight month in which home sales volume has outpaced the prior year and the inventory of available homes decreased.”
View a complete Greater Austin Housing Market report.
Register for 2012 TAR Winter Meeting
TAR is gearing up for the 2012 Winter Meeting, scheduled for February 24–28, 2012 at the Hyatt Regency Hotel in Austin. The event will feature committee meetings, education sessions, as well as an informative opening session from Chief Economist with the Real Estate Center at Texas A&M Mark Dotzour, Ph.D., and NAR’s Managing Director for Quantitative Research Jed Smith. The meeting will also host the Xplode conference — a one-day event focusing on the latest real estate technology. A full schedule of events is available on TAR’s website.
Registration for the meeting is free; however, tickets to special events and optional programs may be purchased for an additional charge. Sign-up online today to secure your spot at this exciting event.
