austin housing supply overview march 2011

8/7/2019 Austin Housing Supply Overview March 2011

http://slidepdf.com/reader/full/austin-housing-supply-overview-march-2011 1/7



Pending SalesA count of the properties that have offers accepted on them in a given month. Based on a rolling 12-month total.

By Price Range 3-2010 3-2011 Change 3-2010 3-2011 Change 3-2010 3-2011 Change

$125,000 and Below 3,887 3,787 - 2.6% 3,150 3,248 + 3.1% 732 536 - 26.8%$125,001 to $175,000 6,032 4,775 - 20.8% 5,445 4,309 - 20.9% 583 465 - 20.2%$175,001 to $250,000 5,534 4,398 - 20.5% 5,066 4,011 - 20.8% 467 384 - 17.8%

$250,001 to $400,000 4,356 4,225 - 3.0% 4,056 3,905 - 3.7% 297 318 + 7.1%$400,001 to $750,000 1,923 2,021 + 5.1% 1,842 1,896 + 2.9% 79 125 + 58.2%$750,001 and Above 507 629 + 24.1% 488 606 + 24.2% 19 23 + 21.1%

All Price Ranges 22,239 19,835 - 10.8% 20,047 17,975 - 10.3% 2,177 1,851 - 15.0%

By Square Feet 3-2010 3-2011 Change 3-2010 3-2011 Change 3-2010 3-2011 Change

1,500 sq. ft. and Below 6,656 5,373 - 19.3% 4,935 4,038 - 18.2% 1,709 1,328 - 22.3%1,501 to 2,000 sq. ft. 5,822 5,146 - 11.6% 5,484 4,795 - 12.6% 338 351 + 3.8%2,001 to 3,000 sq. ft. 6,502 6,089 - 6.4% 6,384 5,933 - 7.1% 117 154 + 31.6%3,001 sq. ft. and Above 3,259 3,227 - 1.0% 3,244 3,209 - 1.1% 13 18 + 38.5%

All Square Footage 22,239 19,835 - 10.8% 20,047 17,975 - 10.3% 2,177 1,851 - 15.0%

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

3,887

6,0325,534

4,356

1,923

507

3,787

4,7754,398 4,225

2,021

629

$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 3-2010 3-2011

6,656

5,8226,502

3,259

5,373 5,146

6,089

3,227

1,500 sq. ft. andBelow

1,501 to 2,000 sq.ft.

2,001 to 3,000 sq.ft.

3,001 sq. ft. and Above

By Square Feet 3-2010 3-2011

- 2.6% - 20.8% - 20.5% + 5.1% + 24.1% - 19.3% - 6.4% - 1.0%- 20.5% - 19.3%



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


$125,000 and Below 58 69 + 18.9% 57 68 + 21.2% 62 69 + 10.1%$125,001 to $175,000 60 70 + 16.2% 59 69 + 17.7% 71 75 + 5.2%$175,001 to $250,000 72 77 + 6.6% 71 76 + 7.3% 90 91 + 1.5%$250,001 to $400,000 89 83 - 6.7% 87 80 - 7.5% 115 114 - 1.1%$400,001 to $750,000 104 85 - 18.0% 103 84 - 18.7% 112 101 - 10.4%$750,001 and Above 135 128 - 5.2% 135 128 - 4.9% 133 114 - 13.9%

All Price Ranges 74 77 + 4.7% 73 76 + 4.6% 80 85 + 5.7%


1,500 sq. ft. and Below 59 69 + 15.9% 55 66 + 21.2% 73 76 + 5.2%1,501 to 2,000 sq. ft. 65 73 + 12.8% 62 70 + 12.6% 102 113 + 10.4%2,001 to 3,000 sq. ft. 80 79 - 1.2% 79 79 - 0.6% 128 96 - 24.8%3,001 sq. ft. and Above 107 95 - 11.1% 107 95 - 11.3% 129 134 + 3.9%

All Square Footage 74 77 + 4.7% 73 76 + 4.6% 80 85 + 5.7%



58 6072

89104

135

69 7077 83 85

128



5965

80

107

69 7379

95


1,501 to 2,000 sq.ft.

2,001 to 3,000 sq.ft.



+ 18.9% + 16.2% + 6.6% - 18.0% - 5.2% + 15.9% - 1.2% - 11.1%+ 6.6% + 15.9%



Median Sales Price


1,500 sq. ft. and Below $130,700 $130,000 - 0.5% $130,000 $129,000 - 0.8% $135,000 $140,000 + 3.7%

1,501 to 2,000 sq. ft. $165,000 $162,337 - 1.6% $162,500 $159,995 - 1.5% $232,500 $232,017 - 0.2%

2,001 to 3,000 sq. ft. $227,500 $232,000 + 2.0% $226,238 $230,525 + 1.9% $299,000 $332,500 + 11.2%

3,001 sq. ft. and Above $385,000 $400,000 + 3.9% $385,000 $400,000 + 3.9% $675,000 $816,740 + 21.0%

All Square Footage $184,864 $190,000 + 2.8% $188,000 $194,000 + 3.2% $154,900 $161,250 + 4.1%


The median sales price for all closed sales in a given month. Sold properties only. Does not account for seller concessions. Based on a rolling 12-month median.


$130,700$165,000

$227,500

$385,000

$130,000$162,337

$232,000

$400,000

1,500 sq. ft. and Below 1,501 to 2,000 sq. ft. 2,001 to 3,000 sq. ft. 3,001 sq. ft. and Above


$184,864 $188,000

$154,900

$190,000 $194,000

$161,250


By Property Type 3-2010 3-2011

+ 3.2% + 4.1%- 0.5% - 1.6% + 2.8%+ 2.0% + 3.9%



Percent of Original List Price Received


$125,000 and Below 93.4% 90.7% - 2.9% 93.2% 90.3% - 3.0% 94.6% 92.8% - 1.9%$125,001 to $175,000 95.8% 94.0% - 1.9% 95.9% 94.0% - 2.0% 95.0% 94.0% - 1.0%$175,001 to $250,000 94.3% 93.6% - 0.7% 94.4% 93.7% - 0.8% 93.1% 93.0% - 0.2%$250,001 to $400,000 92.6% 93.3% + 0.8% 92.7% 93.3% + 0.7% 90.8% 93.1% + 2.4%$400,001 to $750,000 90.5% 92.6% + 2.3% 90.5% 92.4% + 2.2% 91.6% 94.9% + 3.6%$750,001 and Above 86.1% 88.9% + 3.3% 86.2% 88.8% + 3.0% 85.0% 93.5% + 10.1% All Price Ranges 93.7% 92.9% - 0.9% 93.7% 92.8% - 0.9% 93.7% 93.3% - 0.4%


1,500 sq. ft. and Below 94.4% 92.6% - 2.0% 94.5% 92.3% - 2.4% 94.3% 93.4% - 0.9%1,501 to 2,000 sq. ft. 94.9% 93.4% - 1.6% 95.0% 93.4% - 1.7% 92.6% 92.8% + 0.1%2,001 to 3,000 sq. ft. 93.6% 93.2% - 0.4% 93.7% 93.2% - 0.5% 88.9% 93.9% + 5.7%3,001 sq. ft. and Above 90.4% 91.9% + 1.7% 90.5% 91.9% + 1.6% 83.1% 92.7% + 11.5%

All Square Footage 93.7% 92.9% - 0.9% 93.7% 92.8% - 0.9% 93.7% 93.3% - 0.4%

The average percentage found when dividing a property's sales price by the original list price. Does not account for list prices fromany previous listing contracts, nor does it account for seller concessions. Sold properties only. Based on a rolling 12-month average.



93.4%

95.8%94.3%

92.6%

90.5%

86.1%

90.7%

94.0% 93.6% 93.3%92.6%

88.9%



94.4%94.9%

93.6%

90.4%

92.6%

93.4% 93.2%

91.9%


1,501 to 2,000 sq.ft.

2,001 to 3,000 sq.ft.



- 2.9% - 1.9% - 0.7% + 2.3% + 3.3% - 2.0% - 0.4% + 1.7%- 0.7% - 2.0%



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


$125,000 and Below 1,829 1,805 - 1.3% 1,466 1,483 + 1.2% 359 317 - 11.7%$125,001 to $175,000 2,330 2,141 - 8.1% 1,983 1,889 - 4.7% 344 247 - 28.2%$175,001 to $250,000 2,462 2,096 - 14.9% 2,115 1,852 - 12.4% 340 239 - 29.7%$250,001 to $400,000 2,350 1,942 - 17.4% 2,024 1,676 - 17.2% 319 263 - 17.6%$400,001 to $750,000 1,421 1,241 - 12.7% 1,241 1,133 - 8.7% 176 105 - 40.3%$750,001 and Above 850 774 - 8.9% 795 736 - 7.4% 51 35 - 31.4%

All Price Ranges 11,242 9,999 - 11.1% 9,624 8,769 - 8.9% 1,589 1,206 - 24.1%


1,500 sq. ft. and Below 3,040 2,666 - 12.3% 1,962 1,867 - 4.8% 1,068 788 - 26.2%1,501 to 2,000 sq. ft. 2,544 2,433 - 4.4% 2,206 2,155 - 2.3% 336 276 - 17.9%2,001 to 3,000 sq. ft. 3,295 2,873 - 12.8% 3,133 2,744 - 12.4% 153 121 - 20.9%3,001 sq. ft. and Above 2,362 2,027 - 14.2% 2,322 2,003 - 13.7% 32 21 - 34.4%

All Square Footage 11,242 9,999 - 11.1% 9,624 8,769 - 8.9% 1,589 1,206 - 24.1%



1,829

2,3302,462 2,350

1,421

850

1,805

2,141 2,0961,942

1,241

774



3,040

2,544

3,295

2,3622,666

2,433

2,873

2,027


1,501 to 2,000 sq.ft.

2,001 to 3,000 sq.ft.



- 1.3% - 8.1% - 14.9% - 12.7% - 8.9% - 12.3% - 12.8% - 14.2%- 14.9% - 12.3%



Months Supply of InventoryCompares the number of active listings available to the average monthly pending sales. Based on one month of activity.


$125,000 and Below 5.9 6.0 + 0.8% 5.8 5.8 + 0.6% 6.5 6.7 + 2.7%$125,001 to $175,000 4.9 5.1 + 3.7% 4.6 5.0 + 8.1% 7.8 6.0 - 23.3%$175,001 to $250,000 5.7 5.5 - 3.6% 5.3 5.3 - 0.8% 9.5 7.5 - 20.9%$250,001 to $400,000 6.8 5.5 - 18.8% 6.3 5.1 - 18.2% 13.8 10.4 - 24.4%$400,001 to $750,000 9.3 7.4 - 20.3% 8.5 7.2 - 14.7% 33.0 10.7 - 67.6%$750,001 and Above 20.5 16.4 - 20.3% 19.8 16.2 - 18.4% 25.5 14.3 - 43.9%

All Price Ranges 6.4 6.0 - 6.6% 6.1 5.8 - 4.3% 9.6 7.6 - 20.5%


1,500 sq. ft. and Below 5.8 5.8 - 0.3% 5.0 5.4 + 8.4% 8.2 6.8 - 16.8%1,501 to 2,000 sq. ft. 5.5 5.6 + 0.5% 5.1 5.3 + 3.9% 13.3 9.5 - 28.0%2,001 to 3,000 sq. ft. 6.4 5.6 - 12.7% 6.2 5.5 - 11.8% 17.3 10.2 - 41.4%3,001 sq. ft. and Above 9.0 7.7 - 14.7% 8.9 7.6 - 14.1% 24.9 9.9 - 60.3%

All Square Footage 6.4 6.0 - 6.6% 6.1 5.8 - 4.3% 9.6 7.6 - 20.5%



5.9 4.9 5.76.8

9.3

20.5

6.0 5.1 5.5 5.57.4

16.4



5.8 5.56.4

9.0

5.8 5.6 5.6

7.7


1,501 to 2,000 sq.ft.

2,001 to 3,000 sq.ft.



+ 0.8% + 3.7% - 3.6% - 20.3% - 20.3% - 0.3% - 12.7% - 14.7%- 3.6% - 0.3%

austin housing supply overview march 2011

Documents