The September housings statistics were released today (the national numbers are provided by the National Association of Realtors while the Texas numbers are from The Real Estate Center at Texas A&M University).  Nationally, approximately 45% of the buyers so far this year were first-time homebuyers taking advantage of the $8,000 tax credit.  Distressed properties (foreclosures and short sales) accounted for 29% of the national sales in September.

September 2009 Existing Home Sales

 

Austin

Texas

USA

Number of Homes Sold

 

 

 

Vs. Sept 2008

7.9%

4.5%

9.2%

Vs. Aug 2009

1.4%

-5.0%

9.4%

Year-to-Date vs. 2008

-15.3%

-14.8%

*

Year-to-Date vs. 2007

-30.6%

-26.8%

*

 

 

 

 

Price of Homes Sold

 

 

 

Average vs. Sept 2008

-1.2%

-0.8%

-6.5%

Median vs. Sept 2008

0.5%

2.1%

-8.5%

 

 

 

 

Housing Inventory

 

 

 

Months Supply vs. Sept 2008

6.7%

2.9%

-22.8%

# Homes for Sale vs. Sept 2008

-11.9%

-13.2%

-15.0%

*National numbers are seasonally adjusted so no year-to-date comparisons are made.