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2016-02-02 16:59:50
2015 Year End Real Estate Stats for Austin

2015 Year End Real Estate Stats for Austin:

Austin-area single-family home sales and prices set all-time records in 2015, according to the Year-End 2015 Multiple Listing Service (MLS) report released by the Austin Board of REALTORS®.

The 2016 President of the Austin Board of REALTORS®, Aaron Farmer explained, “Demand for Austin-area real estate was stronger than ever in 2015, primarily due to our region’s job and ongoing population growth. However, low housing inventory levels, rising home prices and high housing development costs have brought Austin’s housing affordability issues to critical levels. Median price for single-family homes in the Austin area increased nearly $30,000 in the last year alone.”

2015 Year-End Totals

  • 29,068 – Single-family homes sold, five percent more than 2014.
  • $263,900 – Median price for single-family homes, nine percent more than 2014.
  • $333,558 – Average price for single-family homes, eight percent more than 2014.
  • 49 – Average number of days that single-family homes spent on the market, two days more than 2014.
  • 36,810 – New single-family home listings on the market, four percent more than 2014.
  • 6,044 – Active single-family home listings on the market, five percent more than 2014.
  • 29,839 – Pending sales for single-family homes, five percent more than 2014.
  • $9,695,852,178 – Total dollar volume of single-family properties sold, 13 percent more than 2014

Have a real estate question? I'm always here for you: (512) 694-9769 or Mike@MikeFreemanProperties.com.

 
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