austin housing supply overview | june 2011

8/6/2019 Austin Housing Supply Overview | June 2011

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A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

June 2011 Quick Facts

Housing Supply Overview

+ 14.6% - 6.1%+ 4.3%

$750,001 and Above 3,001 sq. ft. and Above

Pending Sales 2

Days on Market Until Sale 3

Median Sales Price 4

5

Inventory of Homes for Sale 6

Months Supply of Inventory 7

All data from the ABOR Multiple Listing Service. Powered by 10K Research and Marketing. | 1

Click on desired metric to jump to that page.

Strongest Sales: Strongest Sales:

Strongest Sales:

Single-Family

Percent of Original List Price Received


2/7

Pending SalesA count of properties on which offers have been accepted. Based on a rolling 12-month total.

3,847

5,901

5,272

4,381

1,971

562

3,997

4,8054,533

4,290

2,121

644

$125,000 and Below $125,001 to $175,000 $175,001 to $250,000 $250,001 to $400,000 $400,001 to $750,000 $750,001 and Above

By Price Range 6-2010 6-2011

6,493

5,735

6,474

3,232

5,407 5,407

6,204

3,372

1,500 sq. ft. andBelow

1,501 to 2,000 sq.ft.

2,001 to 3,000 sq.ft.

3,001 sq. ft. andAbove

By Square Feet 6-2010 6-2011

+ 3.9% - 18.6% - 14.0% + 7.6% + 14.6% - 16.7% - 4.2% + 4.3%- 14.0% - 16.7%

By Price Range 6-2010 6-2011 Change 6-2010 6-2011 Change 6-2010 6-2011 Change$125,000 and Below 3,847 3,997 + 3.9% 3,117 3,459 + 11.0% 724 536 - 26.0%

$125,001 to $175,000 5,901 4,805 - 18.6% 5,309 4,359 - 17.9% 589 445 - 24.4%

$175,001 to $250,000 5,272 4,533 - 14.0% 4,805 4,131 - 14.0% 466 400 - 14.2%

$250,001 to $400,000 4,381 4,290 - 2.1% 4,057 3,949 - 2.7% 321 340 + 5.9%

$400,001 to $750,000 1,971 2,121 + 7.6% 1,877 1,990 + 6.0% 92 131 + 42.4%$750,001 and Above 562 644 + 14.6% 543 626 + 15.3% 19 18 - 5.3%

All Price Ranges 21,934 20,390 - 7.0% 19,708 18,514 - 6.1% 2,211 1,870 - 15.4%

By Square Feet 6-2010 6-2011 Change 6-2010 6-2011 Change 6-2010 6-2011 Change

1,500 sq. ft. and Below 6,493 5,407 - 16.7% 4,778 4,055 - 15.1% 1,704 1,348 - 20.9%

1,501 to 2,000 sq. ft. 5,735 5,407 - 5.7% 5,375 5,049 - 6.1% 360 358 - 0.6%

2,001 to 3,000 sq. ft. 6,474 6,204 - 4.2% 6,340 6,054 - 4.5% 132 148 + 12.1%

3,001 sq. ft. and Above 3,232 3,372 + 4.3% 3,215 3,356 + 4.4% 15 16 + 6.7%

All Square Footage 21,934 20,390 - 7.0% 19,708 18,514 - 6.1% 2,211 1,870 - 15.4%

All data comes from the ABOR Multiple Listing Service. Provided by the Austin Board of REALTORS. Powered by 10K Research and Marketing. | Click for Cover Page | 2

All Properties Single-Family Homes Condos


3/7

Days on Market Until SaleAverage number of days between when a property is listed and when an offer is accepted. Based on a rolling 12-month average.

5760

69

82

95

129

73 7882 84 84

128



5963

76

98

7579 82

95


1,501 to 2,000 sq.ft.

2,001 to 3,000 sq.ft.



+ 28.5% + 30.7% + 19.6% - 11.5% - 1.0% + 27.5% + 7.3% - 3.1%+ 19.6% + 27.5%

By Price Range 6-2010 6-2011 Change 6-2010 6-2011 Change 6-2010 6-2011 Change$125,000 and Below 57 73 + 28.5% 56 73 + 29.7% 61 77 + 26.0%

$125,001 to $175,000 60 78 + 30.7% 58 78 + 33.4% 71 79 + 11.7%

$175,001 to $250,000 69 82 + 19.6% 67 81 + 21.1% 86 92 + 6.6%

$250,001 to $400,000 82 84 + 1.4% 80 82 + 3.1% 113 99 - 12.7%

$400,001 to $750,000 95 84 - 11.5% 94 83 - 11.2% 120 92 - 23.4%$750,001 and Above 129 128 - 1.0% 130 128 - 1.6% 94 116 + 23.6%

All Price Ranges 71 81 + 15.4% 70 81 + 16.3% 79 86 + 9.0%


1,500 sq. ft. and Below 59 75 + 27.5% 54 73 + 35.3% 71 80 + 12.0%

1,501 to 2,000 sq. ft. 63 79 + 25.7% 60 77 + 28.1% 102 104 + 1.5%

2,001 to 3,000 sq. ft. 76 82 + 7.3% 76 82 + 8.2% 117 92 - 21.3%

3,001 sq. ft. and Above 98 95 - 3.1% 98 95 - 3.3% 114 160 + 40.2%

All Square Footage 71 81 + 15.4% 70 81 + 16.3% 79 86 + 9.0%




4/7

Median Sales PriceMedian price point for all closed sales, not accounting for seller concessions. Based on a rolling 12-month median.

$131,500

$164,250

$229,900

$385,619

$129,370

$161,000

$230,000

$408,380


$183,500 $188,000

$155,000

$191,000 $195,000

$165,000

By Property Type 6-2010 6-2011

+ 3.7% + 6.5%- 1.6% - 2.0% + 4.1%


1,500 sq. ft. and Below $131,500 $129,370 - 1.6% $130,000 $125,500 - 3.5% $136,150 $144,217 + 5.9%

1,501 to 2,000 sq. ft. $164,250 $161,000 - 2.0% $161,508 $159,000 - 1.6% $236,250 $232,017 - 1.8%

2,001 to 3,000 sq. ft. $229,900 $230,000 + 0.0% $228,197 $229,000 + 0.4% $299,000 $365,000 + 22.1%

3,001 sq. ft. and Above $385,619 $408,380 + 5.9% $385,000 $407,000 + 5.7% $694,500 $580,000 - 16.5%

All Square Footage $183,500 $191,000 + 4.1% $188,000 $195,000 + 3.7% $155,000 $165,000 + 6.5%



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5/7

Percent of Original List Price ReceivedPercentage found when dividing a propertys sales price by its original list price, then taking the average for all properties sold,

not accounting for seller concessions. Based on a rolling 12-month average.

93.6%

95.8%

94.5%93.3%

91.6%

87.6%

89.8%

93.4% 93.3% 93.4%92.8%

89.2%



94.6%95.1%

94.0%

91.4%

91.9%

92.8% 93.0%

92.1%


1,501 to 2,000 sq.ft.

2,001 to 3,000 sq.ft.



- 4.1% - 2.6% - 1.2% + 1.3% + 1.8% - 2.8% - 1.1% + 0.8%- 1.2% - 2.8%

By Price Range 6-2010 6-2011 Change 6-2010 6-2011 Change 6-2010 6-2011 Change$125,000 and Below 93.6% 89.8% - 4.1% 93.3% 89.6% - 4.0% 95.1% 91.6% - 3.7%

$125,001 to $175,000 95.8% 93.4% - 2.6% 95.9% 93.3% - 2.7% 95.0% 93.8% - 1.3%

$175,001 to $250,000 94.5% 93.3% - 1.2% 94.7% 93.4% - 1.4% 93.2% 93.2% + 0.0%

$250,001 to $400,000 93.3% 93.4% + 0.1% 93.4% 93.4% - 0.0% 92.2% 93.6% + 1.5%

$400,001 to $750,000 91.6% 92.8% + 1.3% 91.5% 92.6% + 1.2% 92.7% 94.8% + 2.2%$750,001 and Above 87.6% 89.2% + 1.8% 87.5% 89.0% + 1.7% 89.4% 93.2% + 4.3%

All Price Ranges 94.1% 92.5% - 1.7% 94.1% 92.4% - 1.7% 94.1% 93.1% - 1.1%


1,500 sq. ft. and Below 94.6% 91.9% - 2.8% 94.6% 91.6% - 3.2% 94.5% 93.1% - 1.6%

1,501 to 2,000 sq. ft. 95.1% 92.8% - 2.4% 95.2% 92.8% - 2.5% 92.9% 92.9% - 0.0%

2,001 to 3,000 sq. ft. 94.0% 93.0% - 1.1% 94.0% 92.9% - 1.1% 92.5% 93.5% + 1.1%

3,001 sq. ft. and Above 91.4% 92.1% + 0.8% 91.4% 92.1% + 0.8% 86.7% 92.5% + 6.7%

All Square Footage 94.1% 92.5% - 1.7% 94.1% 92.4% - 1.7% 94.1% 93.1% - 1.1%




6/7

Inventory of Homes for SaleThe number of properties available for sale in active status at the end of the most recent month. Based on one month of activity.

2,138

3,051 3,094 3,047

1,839

1,165

1,737

2,316 2,384 2,402

1,649

1,012



3,5813,368

4,243

3,1422,816 2,693

3,344

2,647


1,501 to 2,000 sq.ft.

2,001 to 3,000 sq.ft.



- 18.8% - 24.1% - 22.9% - 10.3% - 13.1% - 21.4% - 21.2% - 15.8%- 22.9% - 21.4%

By Price Range 6-2010 6-2011 Change 6-2010 6-2011 Change 6-2010 6-2011 Change$125,000 and Below 2,138 1,737 - 18.8% 1,706 1,370 - 19.7% 428 357 - 16.6%

$125,001 to $175,000 3,051 2,316 - 24.1% 2,647 2,034 - 23.2% 399 279 - 30.1%

$175,001 to $250,000 3,094 2,384 - 22.9% 2,708 2,078 - 23.3% 377 303 - 19.6%

$250,001 to $400,000 3,047 2,402 - 21.2% 2,694 2,150 - 20.2% 346 250 - 27.7%

$400,001 to $750,000 1,839 1,649 - 10.3% 1,669 1,520 - 8.9% 164 124 - 24.4%$750,001 and Above 1,165 1,012 - 13.1% 1,113 955 - 14.2% 47 51 + 8.5%

All Price Ranges 14,334 11,500 - 19.8% 12,537 10,107 - 19.4% 1,761 1,364 - 22.5%


1,500 sq. ft. and Below 3,581 2,816 - 21.4% 2,377 1,918 - 19.3% 1,189 889 - 25.2%

1,501 to 2,000 sq. ft. 3,368 2,693 - 20.0% 2,973 2,382 - 19.9% 390 308 - 21.0%

2,001 to 3,000 sq. ft. 4,243 3,344 - 21.2% 4,078 3,196 - 21.6% 155 139 - 10.3%

3,001 sq. ft. and Above 3,142 2,647 - 15.8% 3,109 2,611 - 16.0% 27 28 + 3.7%

All Square Footage 14,334 11,500 - 19.8% 12,537 10,107 - 19.4% 1,761 1,364 - 22.5%




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Months Supply of InventoryThe inventory of homes for sale at the end of the most recent month, based on one month of activity, divided by

the average monthly pending sales from the last 12 months.

6.5 6.0 6.88.2

11.3

25.7

5.5 6.06.6 6.9

9.4

19.5



6.46.9

7.7

11.6

6.5 6.3 6.6

9.6


1,501 to 2,000 sq.ft.

2,001 to 3,000 sq.ft.



- 16.5% + 0.3% - 3.8% - 16.9% - 23.9% + 0.8% - 14.0% - 17.0%- 3.8% + 0.8%

By Price Range 6-2010 6-2011 Change 6-2010 6-2011 Change 6-2010 6-2011 Change$125,000 and Below 6.5 5.5 - 16.5% 6.5 5.0 - 22.8% 6.9 8.4 + 21.0%

$125,001 to $175,000 6.0 6.0 + 0.3% 5.8 5.8 + 0.7% 7.8 7.7 - 1.1%

$175,001 to $250,000 6.8 6.6 - 3.8% 6.5 6.3 - 4.2% 9.6 9.6 + 0.1%

$250,001 to $400,000 8.2 6.9 - 15.7% 7.8 6.7 - 14.3% 12.8 9.3 - 27.5%

$400,001 to $750,000 11.3 9.4 - 16.9% 10.7 9.3 - 13.8% 23.7 11.1 - 53.2%$750,001 and Above 25.7 19.5 - 23.9% 25.4 19.0 - 25.3% 21.2 26.8 + 26.9%

All Price Ranges 7.7 7.0 - 8.7% 7.5 6.8 - 9.2% 9.4 9.1 - 3.0%


1,500 sq. ft. and Below 6.4 6.5 + 0.8% 5.8 5.9 + 1.5% 8.2 8.2 + 0.8%

1,501 to 2,000 sq. ft. 6.9 6.3 - 8.3% 6.5 6.0 - 7.6% 13.0 10.8 - 16.6%

2,001 to 3,000 sq. ft. 7.7 6.6 - 14.0% 7.6 6.5 - 14.1% 14.0 11.3 - 18.9%

3,001 sq. ft. and Above 11.6 9.6 - 17.0% 11.5 9.5 - 17.2% 16.2 14.8 - 8.5%

All Square Footage 7.7 7.0 - 8.7% 7.5 6.8 - 9.2% 9.4 9.1 - 3.0%



austin housing supply overview | june 2011

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