The number of new listings for sale is up by 22% compared to March of last year.
The number of pending sales is down by 62% compared to March of last year.
The number of properties sold decreased by 23% compared to March of last year.
The average list price for a new listing is up 1.9% to $322,288 compared to March of last year. This is higher than the average list price last month in February of $313,233.
The average sold price for a listing decreased 2.1% to $234,386 compared to March of last year. This is higher than the average sold price last month in February of $233,015.
In Austin, there were 8,748 listings for sale during the same week a year ago. Today there are 11,549 listing for sale, an increase of 32% over the same time last year.
For statistics or market information specific to your neighborhood, or to get listings emailed to you automatically as they come onto the market, email us at homes@westaustin.com
Remember that your 2008 property appraisals should be arriving any day now. If you think that the values assigned to your property are too high, contact us and we will give you the information and sold data that you need to protest them with the county. Your property taxes are figured by multiplying the appraised value by the tax rate set in October, so if you feel the value is too high, contact us as soon as possible. All protests must be filed in writing.
