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No Surprise Here... Austin's Home Market is Up!!!

April 20th, 2007 4:50 PM by Heather Brown

According to the Austin Board of Realtors, the residential home market is up.  A total of 2,343 existing homes were sold last month totaling almost $570 million dollars.  This represented a 6% increase over last years March sales. 

The median price for a single family home was just over $177,000 a 6% increase from last years median price.  March homes spent an average of 65 days on the market, a 4% decrease from a year ago.

Condo and Town House sales collected close to 60 million dollars for Austin's local economy, a 19% increase over last year.  The median price of Condo's and Town Homes also rose 14% from 2006 to $170,000.

Posted in:General
Posted by Heather Brown on April 20th, 2007 4:50 PM


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