Wednesday, March 21, 2012

February 2012 - MLS Update

Austin continues to see an promising trend on home sales.

Units for Sale: (compared to February 2011)
New listings are up 9.15%.
Pendings are up 28.61%.
Solds increased by 11.98%

As for Average Prices:
The "New Listings" average list price is up 5.84% to $326,993.  In February 2011 the average list price was $308,936. 
Sold average sales prices increased 4.26% to $251,134.  For February 2011 it was $240,864.  

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