According to National Association of Realtors figures released today, there were 5,156,000 home sales in 2009. This is a 4.9% increase from the prior year – the first year-over-year increase since 2005. The median price in 2009 was $173,200, a drop of 11.9% from 2008. I was not able to find a comparison of average sale prices in the data.
The Real Estate Center at Texas A&M provided the following on data for Texas and Austin. In Texas, the total number of homes sold in 2009 was 212,756 which represents an 8.4% decline over 2008. The average sales price dropped 3.2% to $185,400. The median sales price fell 0.7% to $145,900. In Austin, the total number of homes sold in 2009 was 20,871, a drop of 7.0% over 2008. The average sales price dropped 2.9% to $236,800. The median sales price fell 1.4% to $185,600.
If you are interested in viewing sales prices for specific homes in Austin, Texas, click here to access the data. The data is currently available for neighborhoods several zip codes with more neighborhoods added each month. If you have a specific neighborhood you wish to track, let me know and I may be able adjust the schedule so that it is done quickly.
If you planning to buy or sell a home in 2010 in the Austin, Texas area, please
contact me at 512-650-7300, by email, or the form below, so we can get started.