October 2016 Austin Area BirdHome Market Report real estate consultants
For more information: home@birdhome.com | 512-596-2035 single family homes sold
350
-3%
300
median price for single family homes
250
200
2,219
100
$279,000 2011
Months of Inventory
8 7 6
2012
2013
+0.1 Months
3
1
*balanced
Days
market
single family home listings on the market* New Listings:
active Listings:
Pending Sales:
2,624
6,293
2,273
B
B
B
h
-1
-5%
october 2016
51
Months
2
2015
+2
2.6
4
2014
average number of days homes spent on the market
*
5
+9%
h
-1
+6%
*Numbers For OCTOber 2016
h
-1
+5%
These statistics show an accurate picture of how the Austin area housing market sits for October 2016. These statistics are for single family homes compared year-over-year. All statistics found are from the Austin Board of RealtorsŠ. *According to the Real Estate Center at Texas A&M University, a *balanced market consitutes 6.5 months of inventory, which represents a balanced supply and demand for homes.�