Bob Ratliff Blog: July 2015

Austin-area home sales for June 2015 topped $1 Billion +

Austin-area home sales for June 2015 topped $1 Billion 

According to the Austin Multiple Listing Service Austin-area homes topped 3,000 home sales for June 2015 sine July of 2013 with a 5% increase year-over-year.

Austin-area single-family homes increased 8% year-over-year to $272,250 in June 2015, while average price increased 2% to $333,866 during the same time frame. Keeping with the upward trend over the last several months, less than 3 in 10 single-family homes sold in the Austin area were priced below $200,000.

Median price increasing 10% to $263,000 and average price increasing 8% to $331,765. At the same time, homes spent an average of 50 days on the market, three more days than the same time last year.

June 2015 Statistics

3,051 – Single-family homes sold, five percent more than June 2014.

 

$272,250 – Median price for single-family homes, eight percent more than June 2014.

 

$333,866 – Average price for single-family homes, two percent more than June 2014.

 

42 – Average number of days single-family homes spent on the market, three days more than June 2014.

 

3,812 – New single-family home listings on the market, three percent more than June 2014.

 

6,701 – Active single-family home listings on the market, four percent more than June 2014.

 

3,023 – Pending sales for single-family homes, eight percent more than June 2014.

 

2.8 – Months of inventory* of single-family homes, unchanged compared to June 2014.

 

$1,018,625,166 – Total dollar volume of single-family properties sold, eight percent more than June 2014.

 

 

2015 Mid-Year Statistics

13,917 – Single-family homes sold, four percent more than the first half of 2014.

 

$263,000 – Median price for single-family homes, 10 percent more than the first half of 2014.

 

$331,765 – Average price for single-family homes, eight percent more than the first half of 2014.

 

50 – Average number of days single-family homes spent on the market, three days more than the first half of 2014.

 

19,865 – New single-family home listings on the market, three percent more than the first half of 2014.

 

5,727 – Active single-family home listings on the market, eight percent more than the first half of 2014.

 

15,984 – Pending sales for single-family homes, five percent more than the first half of 2014.

 

$4,617,178,959 – Total dollar volume of single-family properties sold, 12 percent more than the first half of 2014.

 

Austin Real Estate market update for June 2015 has been gathered through the Austin Multiple Listing service (ABOR) and brought to you by
Bob Ratliff, Broker Associate-REALTOR®

If you or someone you know is considering selling or buying real estate in the Austin-area markets I welcome the opportunity to assist you or them investing  in Texas properties. 

I've been selling homes in Austin-area over fourteen years and specialize in homes, condos, townhouses and land in Texas.
Contact Bob Ratliff (512) 587-5689

 

(information deemed reliable but not guaranteed, all rights reserved by
Bob Ratliff, RE/MAX Capital City )

 

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Austin-area home sales for June 2015 topped $1 Billion +
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