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Market data is broken down by the geographic sections shown on the map. The data shows:
1. Median List Price
2. Sales in last 12 months
3. Current Listings
4. Months of inventory
The number of months required to sell the current inventory is a key indicator of market condition. Here is a rule of thumb:
1-3 months = Sellers Market
4-6 months = Balanced
7 + months = Buyers Market
(Months of inventory is figured by dividing the # of current listings by the rate of sales during the past 12 months. For example, if there were 24 sales in past 12 months the sales rate is 2 sales per month. If there are 10 homes on the market, it will take 5 months to sell the inventory. )
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Austin Real Estate Market
Market Status Report: 9/30/2008
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Inner Core Neighborhoods
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MLS Area 1A
Median Price: $435,250
Sales in 12 mons: 339
Current Listings:157
Months of Inventory: 5.6
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MLS Area 1B
Median Price: $595,000
Sales in 12 mons:371
Current Listings: 297
Months of Inventory: 9.6 |
MLS Area 2
Median Price: $269,900
Sales in 12 mons:415
Current Listings:149
Months of Inventory: 4.3 |
MLS Area 3
Median Price: $245,900
Sales in 12 mons:334
Current Listings:
187
Months of Inventory: 7.1 |
MLS Area 4
Median Price: $349,900
Sales in 12 mons: 373
Current Listings: 208
Months of Inventory: 6.7 |
MLS Area 5
Median Price: $224,941
Sales in 12 mons: 328
Current Listings: 265
Months of Inventory: 6.7 |
MLS Area 6
Median Price: $354,438
Sales in 12 mons: 341
Current Listings:
289
Months of Inventory: 10.2 |
MLS Area 7
Median Price: $444,450
Sales in 12 mons: 187
Current Listings: 92
Months of Inventory: 5.9 |
MLS Area 8e
Median Price: $664,950
Sales in 12 mons: 224
Current Listings: 181
Months of Inventory: 9.7
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MLS Area 9
Median Price: $154,900
Sales in 12 mons: 160
Current Listings: 87
Months of Inventory: 6.5 |
MLS Area DT
Median Price: $477,475
Sales in 12 mons: 134
Current Listings: 182
Months of Inventory: 7.3
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MLS Area UT
Median Price: $279,900
Sales in 12 mons: 238
Current Listings: 129
Months of Inventory: 6.5 |
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MLS Area N
Median Price: $179,990
Sales in 12 mons:419
Current Listings:103
Months of Inventory: 2.9 |
MLS Area NW
Median Price: $239,900
Sales in 12 mons: 669
Current Listings: 228
Months of Inventory: 3.9 |
MLS Area 1N
Median Price: $354,950
Sales in 12 mons:503
Current Listings:181
Months of Inventory: 4.3 |
MLS Area 2N
Median Price: $138,000
Sales in 12 mons: 393
Current Listings:120
Months of Inventory: 3.7 |
MLS Area RN
Median Price: $548,000
Sales in 12 mons:486
Current Listings:355
Months of Inventory: 8.8 |
MLS Area 8W
Median Price: $749,950
Sales in 12 mons:242
Current Listings:174
Months of Inventory: 8.6 |
MLS Area SWE
Median Price: $249,900
Sales in 12 mons: 672
Current Listings: 193
Months of Inventory: 3.4 |
MLS Area SWW
Median Price: $319,700
Sales in 12 mons: 642
Current Listings: 210
Months of Inventory: 3.9 |
MLS Area 10N
Median Price: $199,000
Sales in 12 mons:332
Current Listings:161
Months of Inventory: 5.8 |
MLS Area 10S
Median Price: $184,450
Sales in 12 mons:687
Current Listings: 169
Months of Inventory: 3.0 |
MLS Area SE
Median Price: $129,500
Sales in 12 mons:178
Current Listings:71
Months of Inventory: 4.8 |
MLS Area 5E
Median Price: $114,900
Sales in 12 mons: 82
Current Listings: 40
Months of Inventory: 5.9 |
MLS Area 3E
Median Price: $134,835
Sales in 12 mons: 141
Current Listings:77
Months of Inventory: 6.6 |
MLS Area NE
Median Price: $167,200
Sales in 12 mons: 366
Current Listings: 156
Months of Inventory: 5.1 |
MLS Area W
Median Price: $483,950
Sales in 12 mons: 309
Current Listings: 188
Months of Inventory: 7.3 |
MLS Area 11
Median Price: $124,900
Sales in 12 mons: 238
Current Listings: 77
Months of Inventory: 3.9 |
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MLS Area RRW
Median Price: $264,250
Sales in 12 mons: 1273
Current Listings:487
Months of Inventory: 4.6 |
MLS Area RRE
Median Price: $209,900
Sales in 12 mons: 1350
Current Listings:552
Months of Inventory: 4.9 |
MLS Area GTW
Median Price: $289,000
Sales in 12 mons: 785
Current Listings:515
Months of Inventory: 7.9 |
MLS Area GTE
Median Price: $175,900
Sales in 12 mons: 305
Current Listings: 153
Months of Inventory: 6.0 |
MLS Area CLN
Median Price: $184,583
Sales in 12 mons: 1121
Current Listings: 407
Months of Inventory: 4.4 |
MLS Area CLS
Median Price: $259,900
Sales in 12 mons:1093
Current Listings:432
Months of Inventory: 4.7 |
MLS Area LN
Median Price: $$299,000
Sales in 12 mons: 306
Current Listings: 360
Months of Inventory: 14.1 |
MLS Area LS
Median Price: $480,250
Sales in 12 mons: 800
Current Listings: 913
Months of Inventory: 13.7 |
MLS Area EL
Median Price: $145,455
Sales in 12 mons: 272
Current Listings: 107
Months of Inventory: 4.7 |
MLS Area PF
Median Price: $$182,000
Sales in 12 mons: 1358
Current Listings: 494
Months of Inventory: 4.4 |
MLS Area HD
Median Price: $399,990
Sales in 12 mons:401
Current Listings: 277
Months of Inventory: 8.3 |
MLS Area HH
Median Price: $179,900
Sales in 12 mons: 1095
Current Listings: 391
Months of Inventory: 4.3 |
MLS Area HU
Median Price: $153,147
Sales in 12 mons: 518
Current Listings: 206
Months of Inventory: 4.8 |
MLS Area MA
Median Price: $159,250
Sales in 12 mons: 291
Current Listings: 142
Months of Inventory: 5.9 |
MLS Area LH
Median Price: $290,000
Sales in 12 mons: 180
Current Listings: 87
Months of Inventory: 5.8 |
MLS Area SC
Median Price: $229,900
Sales in 12 mons:188
Current Listings: 131
Months of Inventory: 8.4 |
MLS Area BA
Median Price: $155,700
Sales in 12 mons: 315
Current Listings:156
Months of Inventory: 5.9 |
MLS Area BW
Median Price: $182,450
Sales in 12 mons: 181
Current Listings: 124
Months of Inventory: 8.2 |
Back to Austin Real Estate Market Trends
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