Austin Market Stats :: Week Ending December 11

Properties For Sale:

[compared to the same week in 2009]

Active Listings + 2.01%

New listings – 14.13%.

Pendings + 17.13%

Solds units + 14.12%

Average Prices:

[compared to the same week in 2009]

Sold average sales prices – 3.19% to $256,508.

In 2009 it was $266,938.

Austin had 10,005 active listings during the same week in 2009.

Today there are 10,206 active listings.

That is + 2.01% from last year.

Home Inspector

Phillips Property Inspections

3502 Eldorado Trail

Austin, TX 78739

(512) 934-8789

Scott Phillips is very knowledgeable. And he takes the time to dish out that knowledge in digestible chunks so as not to overwhelm or terrify the home buyer. I call this bedside manner, and Scott's is superior to many other inspectors I have worked with.

His written reports are intense. In a good way. They are chock full of photographs and he uses his tablet PC to fill in the blanks on site so you get his real time observation of issues versus a foggy memory.

I was originally introduced to Scott a couple of years ago when he brought lunch to a class that I was attending as part of my continuing education as a REALTOR. In exchange for his sandwich payola, the room listened while he did a short commercial for his business. That's how it works.

I related to Scott's approach immediately. Attentiveness, technology, follow-through. I decided right away to add him to my list of preferred vendors.

Since then, Scott has served a dozen or more of my clients and counting. He consistently wins their trust and business not for being the cheapest inspection, but for giving them confidence that they will learn everything they need to know during this HUGE purchase decision.

Bravo, PPI. Keep up the great work!

Austin Market Stats :: Week Ending December 4

Properties for Sale:

Nov. 28 - Dec. 4, 2010

[compared to the same week in 2009]
New listings - 15.54%.

Pendings + 10.78%

Solds + 1.34%

Average Prices:

[compared to the same week in 2009]

Sold average sales prices - 4.77% to $250,928. In 2009 it was $263,488 for the same week.

We had 10,055 active listings during the same week in 2009. Today there is 10,331 active listings! That is 2.74% increase from last year.

Austin Market Stats :: NOV 2010

Proerties for Sale: (compared to November 2009)

New listings - 19.77%.
Pendings + 1.97%.

Solds - by 27.05%

Average Prices:

The "New Listings" average list price - .08% to $298,104. In November 2009 the average list price was $298,353.

Sold average sales prices + 4.63% to $244,026. For November 2009 it was $233,225.

Austin Market Stats :: OCT 2010

Properties for Sale: (compared to October 2009)

New listings - 16.41%.
Pendings - 22.86%.

Solds - 34.51%

As for Average Prices:

The "New Listings" average list price + 8.64% to $300,898. In October 2009 the average list price was $276,975.

Sold average sales prices + 10.37% to $258,626. For October 2009 it was $234,320.

Austin Market Stats :: SEPT 2010

Properties for Sale: (compared to September 2009)

New listings - 12.90%.
Pendings - 26.66%.

Solds - 32.31%

Average Prices:

The "New Listings" average list price is - 6.73% to $281,120. In September 2009 the average list price was $301,416.

Sold average sales prices + 4.29% to $249,017. For September 2009 it was $238,763.

Austin Market Stats :: Week Ending October 2

Properties For Sale:

[compared to the same week in 2009]

Active Listings + 14.81%

New listings – 19.14%.

Pendings – 31.80%

Solds units – 33.26%

Average Prices:

[compared to the same week in 2009]

Sold average sales prices + 1.14% to $271,216.

In 2009 it was $268,165.

Austin had 10,746 active listings during the same week in 2009.

Today there are 12,337 active listings!

That is + 14.81% from last year.

EUREKA! :: Making Quality (versus Quantity) Homes Workable

Austin Market Stats :: Week Ending September 4

Properties For Sale:

[compared to the same week in 2009]

Active Listings + 16.91%

New listings - 9.24%.

Pendings - 21.63%

Solds units - 26.28%

Average Prices:

[compared to the same week in 2009]

Sold average sales prices +14.50% to $253,646.

In 2009 it was $221,531.

Austin had 11,174 active listings during the same week in 2009.

Today there are 13,063 active listings!

That is + 16.91% from last year.

Austin Market Stats :: Week Ending August 28

Properties For Sale:

[compared to the same week in 2009]

Active Listings + 18.54%

New listings - 16.09%.

Pendings - 28.82%

Solds units - 37.93%

Average Prices:

[compared to the same week in 2009]

Sold average sales prices + 25.07% to $283,462.

In 2009 it was 226,649$.

Austin had 11,378 active listings during the same week in 2009.

Today there are 13,488 active listings!

That is + 18.54% from last year.

GET PERSONALIZED STATS FOR YOUR OWN HOOD.

Austin Market Stats :: Week Ending August 21

Properties For Sale:

[compared to the same week in 2009]

Active Listings + 17.47%

New listings - 1.66%.

Pendings - 22.82%

Solds units - 22.26%

Average Prices:

[compared to the same week in 2009]

Sold average sales prices + 2.41% to $275,371.

In 2009 it was $268,883.

Austin had 11490 active listings during the same week in 2009.

Today there are 13,497 active listings!

That is + 17.47% from last year.

GET PERSONALIZED STATS FOR YOUR OWN HOOD.

Austin Market Stats :: Week Ending August 14

Properties For Sale

[compared to the same week in 2009]

Active Listings + 18.10%

New listings - 8.02%.

Pendings - 30.81%

Solds units - 37.13% [!]

Average Prices:

[compared to the same week in 2009]

Sold average sales prices + 13.83% to $272,883.

In 2009 it was $239,726.

Austin had 11,548 active listings during the same week in 2009.

Today there are 13,638 active listings!

That is + 18.10% from last year.

GET PERSONALIZED STATS FOR YOUR OWN HOOD.

BUY BUY AUSTIN!

Austin Region Likely to See Shortage of New Homes with Continued

Population Growth on the Horizon

AUSTIN, TX., July 15, 2010 - The Home Builders Association (HBA) of
Greater Austin held the 2010 Mid- Year Economic Housing Forecast this
morning at the Phillips Event Center. The program was presented by Dr.
Ted C. Jones, PhD, Senior Vice President and Chief Economist for Stewart
Title Guaranty Company. After receiving a Bachelor of Science degree in
Agricultural Economics from Colorado State University, Dr. Jones earned
a PhD in finance with a minor in statistics and a master's degree in
land economics and real estate from Texas A&M University, where he
served as chief economist at the university's Real Estate Center, the
nation's largest publicly funded real estate research group.

According to Dr. Jones, the growth of the regional housing market is
directly tied to the area's ability to create and maintain jobs and
positive consumer confidence. While the US lost 1.37 million jobs since
June 2000, Austin grew 94,700 net new jobs between May 2000 and May
2010. The region has gained 9,900 jobs year-to-date through May 2010
with 1,000 of those jobs gained in May 2010 alone. "Simply stated,
Austin is a job-growing machine," says Dr. Jones.

The population of the Austin Metropolitan Statistical Area (MSA) is
forecast to grow by roughly 273,000 people every five years; doubling
our current population of approximately 1.7 million by 2035. "The
current rate of new construction of all types of residential dwellings
is just 10,000 per year. This is not even close to keeping up with the
forecast population growth of the region," says Dr. Jones.

Buyers are encouraged to buy now. If interest rates were to tick up just
1%, the price of a home would have to decline by 10% to make up the
difference. Home prices are already on the rise in the greater Austin
region. Expected population growth coupled with the lack of new home
starts that will keep up with the region's growth will likely cause
prices to rise further.

Austin Market Stats :: Week Ending August 7

Properties For Sale:

[compared to the same week in 2009]

Active Listings + 17.78%

New listings - 19.66%.

Pendings - 12.53%

Solds units - 45.06% [!]

Average Prices:

[compared to the same week in 2009]

Sold average sales prices + 21.68% to $290,727.

In 2009 it was $238,935.

Austin had 11,581 active listings during the same week in 2009.

Today there are 13,640 active listings!

That is + 17.78% from last year.

GET PERSONALIZED STATS FOR YOUR OWN HOOD.

Austin Market Stats :: July 2010 + Week Ending July 31

JULY 2010

Properties For Sale:

[compared to July 2009]

New listings - 1.97%.

Pendings - 20.30%

Solds - 25.80%

Average Prices:

[compared to July 2009]

Sold average sales prices - 17.30% to $284,443.

In 2009 it was $242,498.

Week Ending July 31

Properties For Sale:

[compared to the same week in 2009]

Active Listings + 17.58%

New listings - 5.37%.

Pendings - 21.19%

Solds units - 23.49 %

Average Prices:

[compared to the same week in 2009]

Sold average sales prices + 25.16% to $308,295.

In 2009 it was $246,316.

Austin had 11,613 active listings during the same week in 2009.

Today there are 13,655 active listings!

That is + 17.58% from last year.

GET PERSONALIZED STATS FOR YOUR OWN HOOD.

KISS :: keep it simple...

A couple of years ago, when Jack was still a toddler, I re-learned a valuable lesson about how to communicate über important ideas. Clearly. Directly. Simply.

I was feeling overwhelmed with happiness about being Jack's Papa [you know, the usual], and I said to him very emphatically, "Jack, I could NOT love you more."

He looked sad. I was surprised. "What's wrong, buddy?!"

"You said you you didn't love me..."

WHOA! I can't really be sure that my copious amount of explaining and reiterating the message in more simple, audience-appropriate verbiage ever truly reversed the initial impact of that original interpretation. An expensive lesson indeed.

You may have noticed how the design and presentation of my company's identity strives to be concise. I sorely hope you do, anyway. We put a lot of thought and concern into it. We want our flyers to present the meaty details in an aesthetically pleasing way, for example. We hope the website is easy to navigate. We like our business cards to feature the info most important to you in a way that makes you want to see it more than once. These are all very deliberate ideas.

Of course, we are a work in progress. Professionally and personally. The road to improvement is winding and long with no opportunity to simplify that I'm aware of. Drop me a line if you find a shortcut.

Austin Market Stats :: Week Ending July 24

Properties For Sale:

[compared to the same week in 2009]

Active Listings + 16.80%

New listings + 2.34%.

Pendings - 19.18%

Solds - 27.83%

Average Prices:

[compared to the same week in 2009]

Sold average sales prices + 14.09% to $272,747.

In 2009 it was $239,059.

Austin had 11,860 active listings during the same week in 2009.

Today there are 13,853 active listings!

That is + 16.80% from last year.

FIND OUT WHAT HOMES ON YOUR STREET ARE SELLING FOR.