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Lake Travis Real Estate Blog

A blog about Austin real estate market conditions, statistics and other stuff
Latest Austin Area Market News Bulletin - March 23, 2008 to March 29, 2008

Courtesy of Alamo Title Company

The Week in Review

March 23 - March 29, 2008

(compared to the same week in 2007)

New listings up 33.07%

Pendings are down 75.27%

Solds are down this week by 55.45%

As for Average Prices: Mar. 23 - Mar. 29, 2008

(compared to the same week in 2007)

The "New Listings" average list price increased 2.04% to $317,913.  Last week that number was $289,063.  In 2007 the new listing average list price was $311,554.

Sold average sales prices increased 1.06% to $239,621.

In 2007 it was $237,103 for the same week.

The Month in Review

February 2008

Units for Sale:

(compared to the same month in 2007)

New listings are up by 58.04%.

Pendings are down 12.37%.

Solds decreased by 26.88%.

As for Average Prices:

The "New Listings" average list price is up 4.94% to 313,233.

Sold average sales prices increased 0.33% to $233,015 compared to $232,259 in 2007.

Posted: Tuesday, April 01, 2008 8:19 AM by Doug Mellen

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