May 4 - May 10 2008 Week in Review - Austin Stats

Posted in Austin Real Estate By Joe Cline, Monday, May 12, 2008.

The Week in Review
May 4 - May 10, 2008
(compared to the same week in 2007)
New listings down this week 9.20%
Pendings down 73.73%
Solds down 15.62%

As for Average Prices: May 4 - May 10, 2008
(compared to the same week in 2007)
The "New Listings" average list price increased 6.65% to $325,020. In 2007 the new listing average list price was $304,747. Last week that number was $321,817.

Sold average sales prices increased 28.16% to $336,786. In 2007 it was $262,782 for the same week. Last week it was 251,110.

Check it out at
http://www.alamotitle-austin.com/mls_statistics.php

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As we slide some more in Austin, I can't help but wonder where the bottom is. Hopefully, we'd find it and bounce back soon. I don't see it yet.

Joe

Flintrock Falls Real Estate | Homes in Austin and Surrounding Areas: Austin TX Home Listings