Austin Condominiums prices an all time High
Over the course of 2012, 2,520 Austin condos were sold, which is 28 percent more than 2011; the median price was $181,000, or eight percent more than 2011; and condos spent an average of 74 days on the market, 20 days fewer than 2011.
Townhouses & Condominiums
The volume of townhouses and condominiums (condos) purchased in the Austin area in December 2012 was 181, which is 13 percent more than December 2011. In the same time period, the median price for condos was $209,000, which is 17 percent more than the same month of the prior year. When compared to December 2011, these properties spent 23 percent less time on the market, or an average of 70 days.
If you or someone you know is considering a move to the Austin area I would welcome the opportunity to consult with you or them about the many real estate options found in our great city and surrounding areas.
