austin local market update march 2011

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  • 8/7/2019 Austin Local Market Update March 2011

    1/69

    2010 2011 + / 2010 2011 + /

    New Listings 85 50 - 41.2% 189 118 - 37.6%

    Closed Sales 38 16 - 57.9% 78 50 - 35.9%

    Median Sales Price* $167,500 $159,500 - 4.8% $167,475 $164,200 - 2.0%

    Average Sales Price* $172,637 $170,093 - 1.5% $172,574 $167,185 - 3.1%

    Percent of Original List Price Received* 97.4% 92.4% - 5.1% 96.3% 91.9% - 4.6%

    Days on Market Until Sale 39 68 + 74.7% 42 89 + 111.3%

    Inventory Single-Family Detached** 91 78 - 14.3% -- -- --

    Inventory Townhouse-Condo** 26 34 + 30.8% -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    - 41.2% - 57.9% - 4.8%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    10N

    189

    Year to Date 2010 2011

    85

    March 2010 2011

    All MLS

    10N

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    189

    78

    118

    50

    New Listings Closed Sales

    Year to Date 2010 2011

    - 35.9%- 37.6%

    85

    38

    50

    16

    New Listings Closed Sales

    March 2010 2011

    - 57.9%- 41.2%

    . .

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    189

    78

    118

    50

    New Listings Closed Sales

    Year to Date 2010 2011

    - 35.9%- 37.6%

    85

    38

    50

    16

    New Listings Closed Sales

    March 2010 2011

    - 57.9%- 41.2%

  • 8/7/2019 Austin Local Market Update March 2011

    2/69

    2010 2011 + / 2010 2011 + /

    New Listings 116 94 - 19.0% 269 223 - 17.1%

    Closed Sales 53 39 - 26.4% 108 88 - 18.5%

    Median Sales Price* $170,000 $159,250 - 6.3% $170,000 $163,500 - 3.8%

    Average Sales Price* $176,488 $164,851 - 6.6% $177,633 $165,947 - 6.6%

    Percent of Original List Price Received* 97.4% 94.5% - 2.9% 97.1% 93.0% - 4.3%

    Days on Market Until Sale 41 79 + 92.3% 42 88 + 110.2%

    Inventory Single-Family Detached** 141 170 + 20.6% -- -- --

    Inventory Townhouse-Condo** 10 8 - 20.0% -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    - 19.0% - 26.4% - 6.3%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    10S

    269

    223

    Year to Date 2010 2011

    116

    March 2010 2011

    All MLS

    10S

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 8%

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    + 10%

    + 12%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    269

    108

    223

    88

    New Listings Closed Sales

    Year to Date 2010 2011

    - 18.5%- 17.1%

    116

    53

    94

    39

    New Listings Closed Sales

    March 2010 2011

    - 26.4%- 19.0%

    . .

    - 8%

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    + 10%

    + 12%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    269

    108

    223

    88

    New Listings Closed Sales

    Year to Date 2010 2011

    - 18.5%- 17.1%

    116

    53

    94

    39

    New Listings Closed Sales

    March 2010 2011

    - 26.4%- 19.0%

  • 8/7/2019 Austin Local Market Update March 2011

    3/69

    2010 2011 + / 2010 2011 + /

    New Listings 44 39 - 11.4% 113 83 - 26.5%

    Closed Sales 20 16 - 20.0% 40 43 + 7.5%

    Median Sales Price* $117,000 $99,250 - 15.2% $119,003 $98,500 - 17.2%

    Average Sales Price* $112,015 $99,596 - 11.1% $114,463 $96,794 - 15.4%

    Percent of Original List Price Received* 96.8% 91.0% - 6.0% 94.4% 89.1% - 5.6%

    Days on Market Until Sale 45 80 + 76.9% 41 78 + 91.8%

    Inventory Single-Family Detached** 98 99 + 1.0% -- -- --

    Inventory Townhouse-Condo** 5 6 + 20.0% -- -- --

    - 11.4% - 20.0% - 15.2%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    11

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    113

    83

    Year to Date 2010 2011

    44

    39

    March 2010 2011

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    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    11

    All MLS

    - 20%

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    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    113

    40

    83

    43

    New Listings Closed Sales

    Year to Date 2010 2011

    + 7.5%- 26.5%

    44

    20

    39

    16

    New Listings Closed Sales

    March 2010 2011

    - 20.0%- 11.4%

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    . .

    - 20%

    - 15%

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    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    113

    40

    83

    43

    New Listings Closed Sales

    Year to Date 2010 2011

    + 7.5%- 26.5%

    44

    20

    39

    16

    New Listings Closed Sales

    March 2010 2011

    - 20.0%- 11.4%

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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  • 8/7/2019 Austin Local Market Update March 2011

    4/69

    2010 2011 + / 2010 2011 + /

    New Listings 76 77 + 1.3% 167 155 - 7.2%

    Closed Sales 34 27 - 20.6% 73 71 - 2.7%

    Median Sales Price* $245,325 $345,000 + 40.6% $283,500 $320,000 + 12.9%

    Average Sales Price* $324,369 $367,615 + 13.3% $332,877 $316,922 - 4.8%

    Percent of Original List Price Received* 95.4% 91.8% - 3.8% 93.8% 91.7% - 2.2%

    Days on Market Until Sale 57 101 + 75.9% 61 82 + 34.4%

    Inventory Single-Family Detached** 64 62 - 3.1% -- -- --

    Inventory Townhouse-Condo** 70 66 - 5.7% -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    + 1.3% - 20.6% + 40.6%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    1A

    167155

    Year to Date 2010 2011

    76 77

    March 2010 2011

    All MLS

    1A

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 20%

    - 10%

    0%

    + 10%

    + 20%

    + 30%

    + 40%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    167

    73

    155

    71

    New Listings Closed Sales

    Year to Date 2010 2011

    - 2.7%- 7.2%

    76

    34

    77

    27

    New Listings Closed Sales

    March 2010 2011

    - 20.6%+ 1.3%

    . .

    - 20%

    - 10%

    0%

    + 10%

    + 20%

    + 30%

    + 40%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    167

    73

    155

    71

    New Listings Closed Sales

    Year to Date 2010 2011

    - 2.7%- 7.2%

    76

    34

    77

    27

    New Listings Closed Sales

    March 2010 2011

    - 20.6%+ 1.3%

  • 8/7/2019 Austin Local Market Update March 2011

    5/69

    2010 2011 + / 2010 2011 + /

    New Listings 127 99 - 22.0% 259 213 - 17.8%

    Closed Sales 36 23 - 36.1% 69 75 + 8.7%

    Median Sales Price* $425,000 $530,000 + 24.7% $435,000 $475,000 + 9.2%

    Average Sales Price* $425,443 $573,413 + 34.8% $463,582 $540,763 + 16.6%

    Percent of Original List Price Received* 91.8% 91.8% - 0.0% 91.1% 90.7% - 0.5%

    Days on Market Until Sale 78 143 + 82.8% 77 117 + 52.5%

    Inventory Single-Family Detached** 173 141 - 18.5% -- -- --

    Inventory Townhouse-Condo** 89 57 - 36.0% -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    - 22.0% - 36.1% + 24.7%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    1B

    259

    213

    Year to Date 2010 2011

    127

    99

    March 2010 2011

    All MLS

    1B

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 20%

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    + 25%

    + 30%

    + 35%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    259

    69

    213

    75

    New Listings Closed Sales

    Year to Date 2010 2011

    + 8.7%- 17.8%

    127

    36

    99

    23

    New Listings Closed Sales

    March 2010 2011

    - 36.1%- 22.0%

    . .

    - 20%

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    + 25%

    + 30%

    + 35%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    259

    69

    213

    75

    New Listings Closed Sales

    Year to Date 2010 2011

    + 8.7%- 17.8%

    127

    36

    99

    23

    New Listings Closed Sales

    March 2010 2011

    - 36.1%- 22.0%

  • 8/7/2019 Austin Local Market Update March 2011

    6/69

    2010 2011 + / 2010 2011 + /

    New Listings 92 76 - 17.4% 208 169 - 18.8%

    Closed Sales 37 37 0.0% 74 79 + 6.8%

    Median Sales Price* $285,990 $260,000 - 9.1% $255,500 $260,000 + 1.8%

    Average Sales Price* $294,177 $278,622 - 5.3% $289,100 $281,746 - 2.5%

    Percent of Original List Price Received* 96.0% 93.5% - 2.7% 95.5% 93.3% - 2.3%

    Days on Market Until Sale 58 89 + 53.0% 61 84 + 36.7%

    Inventory Single-Family Detached** 131 132 + 0.8% -- -- --

    Inventory Townhouse-Condo** 23 32 + 39.1% -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    - 17.4% 0.0% - 9.1%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    1N

    208

    169

    Year to Date 2010 2011

    92

    76

    March 2010 2011

    All MLS

    1N

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    208

    74

    169

    79

    New Listings Closed Sales

    Year to Date 2010 2011

    + 6.8%- 18.8%

    92

    37

    76

    37

    New Listings Closed Sales

    March 2010 2011

    0.0%- 17.4%

    . .

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    208

    74

    169

    79

    New Listings Closed Sales

    Year to Date 2010 2011

    + 6.8%- 18.8%

    92

    37

    76

    37

    New Listings Closed Sales

    March 2010 2011

    0.0%- 17.4%

  • 8/7/2019 Austin Local Market Update March 2011

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    2010 2011 + / 2010 2011 + /

    New Listings 92 71 - 22.8% 207 161 - 22.2%

    Closed Sales 28 29 + 3.6% 56 88 + 57.1%

    Median Sales Price* $222,650 $233,000 + 4.6% $222,650 $223,188 + 0.2%

    Average Sales Price* $214,906 $242,909 + 13.0% $217,515 $227,190 + 4.4%

    Percent of Original List Price Received* 95.6% 92.6% - 3.2% 94.1% 91.3% - 3.0%

    Days on Market Until Sale 56 104 + 85.3% 61 85 + 39.2%

    Inventory Single-Family Detached** 131 100 - 23.7% -- -- --

    Inventory Townhouse-Condo** 49 44 - 10.2% -- -- --

    - 22.8% + 3.6% + 4.6%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    2

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    207

    Year to Date 2010 2011

    92

    71

    March 2010 2011

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

    0B

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    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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    0B

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    0B

    0B0B0B

    0B

    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

    0B

    0B0B0B0B

    0B

    0B

    0B

    0B0B0B0B0B0B0B0B0B0B0B0B

    0B

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    2

    All MLS

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    207

    56

    161

    88

    New Listings Closed Sales

    Year to Date 2010 2011

    + 57.1%- 22.2%

    92

    28

    71

    29

    New Listings Closed Sales

    March 2010 2011

    + 3.6%- 22.8%

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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    0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B

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    0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

    0B

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    0B0B

    0B0B0B0B0B0B0B0B

    0B

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    0B0B0B0B0B0B0B0B0B0B0B0B

    0B

    . .

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    207

    56

    161

    88

    New Listings Closed Sales

    Year to Date 2010 2011

    + 57.1%- 22.2%

    92

    28

    71

    29

    New Listings Closed Sales

    March 2010 2011

    + 3.6%- 22.8%

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

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    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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  • 8/7/2019 Austin Local Market Update March 2011

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    2010 2011 + / 2010 2011 + /

    New Listings 63 52 - 17.5% 169 122 - 27.8%

    Closed Sales 35 15 - 57.1% 71 52 - 26.8%

    Median Sales Price* $129,000 $149,000 + 15.5% $122,000 $126,500 + 3.7%

    Average Sales Price* $118,514 $149,087 + 25.8% $119,817 $122,619 + 2.3%

    Percent of Original List Price Received* 96.0% 91.9% - 4.2% 94.4% 90.5% - 4.0%

    Days on Market Until Sale 49 79 + 60.5% 54 84 + 54.9%

    Inventory Single-Family Detached** 96 85 - 11.5% -- -- --

    Inventory Townhouse-Condo** 54 39 - 27.8% -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    - 17.5% - 57.1% + 15.5%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    2N

    169

    122

    Year to Date 2010 2011

    63

    52

    March 2010 2011

    All MLS

    2N

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 25%

    - 20%

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    169

    71

    122

    52

    New Listings Closed Sales

    Year to Date 2010 2011

    - 26.8%- 27.8%

    63

    35

    52

    15

    New Listings Closed Sales

    March 2010 2011

    - 57.1%- 17.5%

    . .

    - 25%

    - 20%

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    169

    71

    122

    52

    New Listings Closed Sales

    Year to Date 2010 2011

    - 26.8%- 27.8%

    63

    35

    52

    15

    New Listings Closed Sales

    March 2010 2011

    - 57.1%- 17.5%

  • 8/7/2019 Austin Local Market Update March 2011

    9/69

    2010 2011 + / 2010 2011 + /

    New Listings 66 57 - 13.6% 181 135 - 25.4%

    Closed Sales 34 31 - 8.8% 65 60 - 7.7%

    Median Sales Price* $195,000 $135,000 - 30.8% $191,375 $153,625 - 19.7%

    Average Sales Price* $227,415 $144,253 - 36.6% $215,133 $164,010 - 23.8%

    Percent of Original List Price Received* 95.4% 86.2% - 9.6% 94.8% 88.1% - 7.1%

    Days on Market Until Sale 62 80 + 29.1% 62 77 + 23.0%

    Inventory Single-Family Detached** 154 118 - 23.4% -- -- --

    Inventory Townhouse-Condo** 17 21 + 23.5% -- -- --

    - 13.6% - 8.8% - 30.8%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    3

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    181

    135

    Year to Date 2010 2011

    66

    57

    March 2010 2011

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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    0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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    0B

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    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

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    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

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    0B0B0B0B

    0B

    0B

    0B

    0B0B0B0B0B0B0B0B0B0B0B0B

    0B

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    3

    All MLS

    - 30%

    - 20%

    - 10%

    0%

    + 10%

    + 20%

    + 30%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    181

    65

    135

    60

    New Listings Closed Sales

    Year to Date 2010 2011

    - 7.7%- 25.4%

    66

    34

    57

    31

    New Listings Closed Sales

    March 2010 2011

    - 8.8%- 13.6%

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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    0B0B0B0B0B0B0B0B0B0B0B0B

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    0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B

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    0B

    0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

    0B

    0B

    0B0B0B0B

    0B

    0B

    0B

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    0B

    0B0B0B

    0B0B

    0B0B

    0B

    0B

    0B0B

    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

    0B

    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

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    0B0B0B0B0B0B0B0B0B0B0B0B

    0B

    . .

    - 30%

    - 20%

    - 10%

    0%

    + 10%

    + 20%

    + 30%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    181

    65

    135

    60

    New Listings Closed Sales

    Year to Date 2010 2011

    - 7.7%- 25.4%

    66

    34

    57

    31

    New Listings Closed Sales

    March 2010 2011

    - 8.8%- 13.6%

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

    0B

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    0B

    0B

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    0B0B

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    0B

    0B0B0B

    0B

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    0B

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    0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B

    0B

    0B

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    0B0B0B0B0B0B0B0B

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    0B

    0B0B

    0B0B0B0B0B0B0B0B

    0B

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    0B

    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

    0B

    0B0B0B0B

    0B

    0B

    0B

    0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B

    0B

    0B

    0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

    0B

    0B

    0B0B0B0B

    0B

    0B

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    0B

    0B

    0B0B0B

    0B0B

    0B0B

    0B

    0B

    0B0B

    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

    0B

    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

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    0B

  • 8/7/2019 Austin Local Market Update March 2011

    10/69

    2010 2011 + / 2010 2011 + /

    New Listings 25 18 - 28.0% 60 52 - 13.3%

    Closed Sales 13 15 + 15.4% 27 30 + 11.1%

    Median Sales Price* $107,000 $57,559 - 46.2% $108,000 $66,825 - 38.1%

    Average Sales Price* $108,800 $65,661 - 39.6% $110,576 $77,077 - 30.3%

    Percent of Original List Price Received* 95.2% 87.6% - 8.0% 95.0% 84.9% - 10.7%

    Days on Market Until Sale 101 88 - 13.1% 82 75 - 8.5%

    Inventory Single-Family Detached** 60 58 - 3.3% -- -- --

    Inventory Townhouse-Condo** 0 0 -- -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    - 28.0% + 15.4% - 46.2%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    3E

    60

    52

    Year to Date 2010 2011

    25

    March 2010 2011

    All MLS

    3E

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 40%

    - 30%

    - 20%

    - 10%

    0%

    + 10%

    + 20%

    + 30%

    + 40%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    60

    27

    52

    30

    New Listings Closed Sales

    Year to Date 2010 2011

    + 11.1%- 13.3%

    25

    13

    18

    15

    New Listings Closed Sales

    March 2010 2011

    + 15.4%- 28.0%

    . .

    - 40%

    - 30%

    - 20%

    - 10%

    0%

    + 10%

    + 20%

    + 30%

    + 40%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    60

    27

    52

    30

    New Listings Closed Sales

    Year to Date 2010 2011

    + 11.1%- 13.3%

    25

    13

    18

    15

    New Listings Closed Sales

    March 2010 2011

    + 15.4%- 28.0%

  • 8/7/2019 Austin Local Market Update March 2011

    11/69

    2010 2011 + / 2010 2011 + /

    New Listings 82 68 - 17.1% 197 158 - 19.8%

    Closed Sales 23 30 + 30.4% 43 57 + 32.6%

    Median Sales Price* $325,402 $280,250 - 13.9% $320,000 $290,500 - 9.2%

    Average Sales Price* $328,136 $289,710 - 11.7% $325,771 $297,630 - 8.6%

    Percent of Original List Price Received* 90.5% 92.2% + 1.9% 91.0% 92.8% + 2.0%

    Days on Market Until Sale 94 75 - 20.6% 91 70 - 22.3%

    Inventory Single-Family Detached** 164 117 - 28.7% -- -- --

    Inventory Townhouse-Condo** 43 47 + 9.3% -- -- --

    - 17.1% + 30.4% - 13.9%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    4

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    197

    Year to Date 2010 2011

    82

    68

    March 2010 2011

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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    0B

    0B0B0B0B0B0B0B0B0B0B0B0B

    0B

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    4

    All MLS

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    197

    43

    158

    57

    New Listings Closed Sales

    Year to Date 2010 2011

    + 32.6%- 19.8%

    82

    23

    68

    30

    New Listings Closed Sales

    March 2010 2011

    + 30.4%- 17.1%

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

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    . .

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    197

    43

    158

    57

    New Listings Closed Sales

    Year to Date 2010 2011

    + 32.6%- 19.8%

    82

    23

    68

    30

    New Listings Closed Sales

    March 2010 2011

    + 30.4%- 17.1%

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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  • 8/7/2019 Austin Local Market Update March 2011

    12/69

    2010 2011 + / 2010 2011 + /

    New Listings 78 66 - 15.4% 204 165 - 19.1%

    Closed Sales 43 27 - 37.2% 84 57 - 32.1%

    Median Sales Price* $172,000 $163,300 - 5.1% $158,000 $152,000 - 3.8%

    Average Sales Price* $175,572 $176,596 + 0.6% $170,886 $162,878 - 4.7%

    Percent of Original List Price Received* 92.5% 91.1% - 1.5% 91.5% 90.6% - 0.9%

    Days on Market Until Sale 67 106 + 58.4% 71 92 + 30.2%

    Inventory Single-Family Detached** 175 153 - 12.6% -- -- --

    Inventory Townhouse-Condo** 50 36 - 28.0% -- -- --

    - 15.4% - 37.2% - 5.1%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    5

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    204

    Year to Date 2010 2011

    78

    66

    March 2010 2011

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

    0B

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    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

    0B

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    0B

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    0B0B0B0B0B0B0B0B0B0B0B0B

    0B

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    5

    All MLS

    - 20%

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    + 25%

    + 30%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    204

    84

    165

    57

    New Listings Closed Sales

    Year to Date 2010 2011

    - 32.1%- 19.1%

    78

    43

    66

    27

    New Listings Closed Sales

    March 2010 2011

    - 37.2%- 15.4%

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

    0B

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    0B0B0B0B0B0B0B0B0B0B0B0B

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    0B0B0B0B0B0B0B0B

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    0B0B0B

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    0B

    0B0B0B

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    0B0B

    0B

    0B

    0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

    0B

    0B

    0B0B0B0B

    0B

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    0B

    0B0B0B

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    0B0B

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    0B

    0B0B

    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

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    . .

    - 20%

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    + 25%

    + 30%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    204

    84

    165

    57

    New Listings Closed Sales

    Year to Date 2010 2011

    - 32.1%- 19.1%

    78

    43

    66

    27

    New Listings Closed Sales

    March 2010 2011

    - 37.2%- 15.4%

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

    0B

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    0B

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    0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B

    0B

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    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

    0B

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    0B0B

    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

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    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

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    0B0B0B0B

    0B

    0B

    0B

    0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B

    0B

    0B

    0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

    0B

    0B

    0B0B0B0B

    0B

    0B

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    0B

    0B0B0B

    0B0B

    0B0B

    0B

    0B

    0B0B

    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

    0B

    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

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  • 8/7/2019 Austin Local Market Update March 2011

    13/69

    2010 2011 + / 2010 2011 + /

    New Listings 26 32 + 23.1% 79 60 - 24.1%

    Closed Sales 9 8 - 11.1% 28 18 - 35.7%

    Median Sales Price* $114,200 $114,500 + 0.3% $106,700 $114,500 + 7.3%

    Average Sales Price* $103,603 $128,403 + 23.9% $110,787 $124,825 + 12.7%

    Percent of Original List Price Received* 93.2% 101.4% + 8.8% 95.9% 95.4% - 0.6%

    Days on Market Until Sale 34 119 + 247.0% 35 103 + 190.1%

    Inventory Single-Family Detached** 66 52 - 21.2% -- -- --

    Inventory Townhouse-Condo** 2 0 - 100.0% -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    + 23.1% - 11.1% + 0.3%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    5E

    79

    Year to Date 2010 2011

    26

    32

    March 2010 2011

    All MLS

    5E

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 10%

    - 8%

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    + 10%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    79

    28

    60

    18

    New Listings Closed Sales

    Year to Date 2010 2011

    - 35.7%- 24.1%

    26

    9

    32

    8

    New Listings Closed Sales

    March 2010 2011

    - 11.1%+ 23.1%

    . .

    - 10%

    - 8%

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    + 10%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    79

    28

    60

    18

    New Listings Closed Sales

    Year to Date 2010 2011

    - 35.7%- 24.1%

    26

    9

    32

    8

    New Listings Closed Sales

    March 2010 2011

    - 11.1%+ 23.1%

  • 8/7/2019 Austin Local Market Update March 2011

    14/69

    2010 2011 + / 2010 2011 + /

    New Listings 119 77 - 35.3% 260 172 - 33.8%

    Closed Sales 41 23 - 43.9% 79 64 - 19.0%

    Median Sales Price* $250,000 $290,000 + 16.0% $260,000 $237,500 - 8.7%

    Average Sales Price* $276,762 $281,357 + 1.7% $292,423 $259,252 - 11.3%

    Percent of Original List Price Received* 93.1% 94.6% + 1.6% 92.0% 90.7% - 1.4%

    Days on Market Until Sale 66 70 + 7.3% 70 77 + 9.8%

    Inventory Single-Family Detached** 144 108 - 25.0% -- -- --

    Inventory Townhouse-Condo** 126 59 - 53.2% -- -- --

    - 35.3% - 43.9% + 16.0%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    6

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    260

    Year to Date 2010 2011

    119

    March 2010 2011

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    6

    All MLS

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    260

    79

    172

    64

    New Listings Closed Sales

    Year to Date 2010 2011

    - 19.0%- 33.8%

    119

    41

    77

    23

    New Listings Closed Sales

    March 2010 2011

    - 43.9%- 35.3%

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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    - 15%

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    - 5%

    0%

    + 5%

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    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    260

    79

    172

    64

    New Listings Closed Sales

    Year to Date 2010 2011

    - 19.0%- 33.8%

    119

    41

    77

    23

    New Listings Closed Sales

    March 2010 2011

    - 43.9%- 35.3%

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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  • 8/7/2019 Austin Local Market Update March 2011

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    2010 2011 + / 2010 2011 + /

    New Listings 36 30 - 16.7% 80 88 + 10.0%

    Closed Sales 9 13 + 44.4% 22 29 + 31.8%

    Median Sales Price* $440,000 $325,000 - 26.1% $297,748 $360,000 + 20.9%

    Average Sales Price* $425,767 $379,654 - 10.8% $398,670 $380,362 - 4.6%

    Percent of Original List Price Received* 96.8% 92.4% - 4.5% 92.7% 90.0% - 2.9%

    Days on Market Until Sale 93 69 - 25.7% 113 83 - 26.2%

    Inventory Single-Family Detached** 31 33 + 6.5% -- -- --

    Inventory Townhouse-Condo** 53 39 - 26.4% -- -- --

    - 16.7% + 44.4% - 26.1%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    7

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    8088

    Year to Date 2010 2011

    36

    30

    March 2010 2011

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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    0B

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    7

    All MLS

    - 20%

    - 10%

    0%

    + 10%

    + 20%

    + 30%

    + 40%

    + 50%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    80

    22

    88

    29

    New Listings Closed Sales

    Year to Date 2010 2011

    + 31.8%+ 10.0%

    36

    9

    30

    13

    New Listings Closed Sales

    March 2010 2011

    + 44.4%- 16.7%

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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    . .

    - 20%

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    0%

    + 10%

    + 20%

    + 30%

    + 40%

    + 50%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    80

    22

    88

    29

    New Listings Closed Sales

    Year to Date 2010 2011

    + 31.8%+ 10.0%

    36

    9

    30

    13

    New Listings Closed Sales

    March 2010 2011

    + 44.4%- 16.7%

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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  • 8/7/2019 Austin Local Market Update March 2011

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  • 8/7/2019 Austin Local Market Update March 2011

    17/69

    2010 2011 + / 2010 2011 + /

    New Listings 54 48 - 11.1% 128 109 - 14.8%

    Closed Sales 20 15 - 25.0% 47 37 - 21.3%

    Median Sales Price* $478,000 $675,000 + 41.2% $471,000 $515,000 + 9.3%

    Average Sales Price* $620,075 $817,884 + 31.9% $643,032 $663,026 + 3.1%

    Percent of Original List Price Received* 92.3% 90.1% - 2.3% 91.7% 91.4% - 0.3%

    Days on Market Until Sale 90 154 + 70.5% 80 117 + 47.3%

    Inventory Single-Family Detached** 137 113 - 17.5% -- -- --

    Inventory Townhouse-Condo** 6 3 - 50.0% -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    - 11.1% - 25.0% + 41.2%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    8W

    128

    109

    Year to Date 2010 2011

    54

    48

    March 2010 2011

    All MLS

    8W

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    128

    47

    109

    37

    New Listings Closed Sales

    Year to Date 2010 2011

    - 21.3%- 14.8%

    54

    20

    48

    15

    New Listings Closed Sales

    March 2010 2011

    - 25.0%- 11.1%

    . .

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    128

    47

    109

    37

    New Listings Closed Sales

    Year to Date 2010 2011

    - 21.3%- 14.8%

    54

    20

    48

    15

    New Listings Closed Sales

    March 2010 2011

    - 25.0%- 11.1%

  • 8/7/2019 Austin Local Market Update March 2011

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    2010 2011 + / 2010 2011 + /

    New Listings 26 27 + 3.8% 91 63 - 30.8%

    Closed Sales 16 10 - 37.5% 48 24 - 50.0%

    Median Sales Price* $87,000 $107,800 + 23.9% $85,750 $114,950 + 34.1%

    Average Sales Price* $109,994 $103,910 - 5.5% $96,892 $116,017 + 19.7%

    Percent of Original List Price Received* 91.1% 83.9% - 7.8% 91.1% 88.3% - 3.1%

    Days on Market Until Sale 101 116 + 14.7% 76 90 + 17.3%

    Inventory Single-Family Detached** 30 22 - 26.7% -- -- --

    Inventory Townhouse-Condo** 60 54 - 10.0% -- -- --

    + 3.8% - 37.5% + 23.9%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    9

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    91

    Year to Date 2010 2011

    26 27

    March 2010 2011

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    0B0B0B0B0B0B0B0B

    0B

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    0B0B0B0B0B0B0B0B

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    0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B

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    0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

    0B

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    0B

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    0B0B

    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

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    0B

    0B0B0B

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    0B0B0B0B0B0B0B0B0B0B0B0B

    0B

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    9

    All MLS

    - 30%

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    - 10%

    0%

    + 10%

    + 20%

    + 30%

    + 40%

    + 50%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    91

    48

    63

    24

    New Listings Closed Sales

    Year to Date 2010 2011

    - 50.0%- 30.8%

    26

    16

    27

    10

    New Listings Closed Sales

    March 2010 2011

    - 37.5%+ 3.8%

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

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    0B0B0B0B0B0B0B0B0B0B0B0B

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    0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

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    0B

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    0B0B0B0B

    0B

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    0B0B0B

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    0B

    0B0B

    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

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    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

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    0B0B0B0B0B0B0B0B0B0B0B0B

    0B

    . .

    - 30%

    - 20%

    - 10%

    0%

    + 10%

    + 20%

    + 30%

    + 40%

    + 50%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    91

    48

    63

    24

    New Listings Closed Sales

    Year to Date 2010 2011

    - 50.0%- 30.8%

    26

    16

    27

    10

    New Listings Closed Sales

    March 2010 2011

    - 37.5%+ 3.8%

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

    0B

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    0B0B0B0B

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    0B0B

    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

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    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

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    0B0B0B0B0B0B0B0B0B0B0B0B

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    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

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    0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B

    0B

    0B

    0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B0B

    0B0B0B0B0B0B0B0B

    0B

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    0B0B

    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

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    0B0B0B0B0B0B0B0B

    0B

    0B0B0B

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    0B

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    2010 2011 + / 2010 2011 + /

    New Listings 44 46 + 4.5% 148 140 - 5.4%

    Closed Sales 24 16 - 33.3% 54 33 - 38.9%

    Median Sales Price* $147,500 $135,950 - 7.8% $136,750 $132,000 - 3.5%

    Average Sales Price* $154,710 $132,291 - 14.5% $146,540 $144,514 - 1.4%

    Percent of Original List Price Received* 93.1% 93.4% + 0.4% 93.4% 94.5% + 1.2%

    Days on Market Until Sale 62 57 - 7.7% 75 92 + 21.6%

    Inventory Single-Family Detached** 162 166 + 2.5% -- -- --

    Inventory Townhouse-Condo** 1 2 + 100.0% -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    + 4.5% - 33.3% - 7.8%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    BA

    148140

    Year to Date 2010 2011

    4446

    March 2010 2011

    All MLS

    BA

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    148

    54

    140

    33

    New Listings Closed Sales

    Year to Date 2010 2011

    - 38.9%- 5.4%

    44

    24

    46

    16

    New Listings Closed Sales

    March 2010 2011

    - 33.3%+ 4.5%

    . .

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    148

    54

    140

    33

    New Listings Closed Sales

    Year to Date 2010 2011

    - 38.9%- 5.4%

    44

    24

    46

    16

    New Listings Closed Sales

    March 2010 2011

    - 33.3%+ 4.5%

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    2010 2011 + / 2010 2011 + /

    New Listings 14 9 - 35.7% 36 25 - 30.6%

    Closed Sales 3 3 0.0% 8 12 + 50.0%

    Median Sales Price* $295,000 $182,500 - 38.1% $221,000 $195,750 - 11.4%

    Average Sales Price* $235,667 $549,833 + 133.3% $239,117 $454,835 + 90.2%

    Percent of Original List Price Received* 87.6% 84.1% - 4.0% 90.9% 84.4% - 7.2%

    Days on Market Until Sale 74 231 + 210.8% 82 206 + 150.9%

    Inventory Single-Family Detached** 43 37 - 14.0% -- -- --

    Inventory Townhouse-Condo** 0 0 -- -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    - 35.7% 0.0% - 38.1%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    BL

    36

    Year to Date 2010 2011

    14

    March 2010 2011

    All MLS

    BL

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 40%

    - 20%

    0%

    + 20%

    + 40%

    + 60%

    + 80%

    + 100%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    36

    8

    25

    12

    New Listings Closed Sales

    Year to Date 2010 2011

    + 50.0%- 30.6%

    14

    3

    9

    3

    New Listings Closed Sales

    March 2010 2011

    0.0%- 35.7%

    . .

    - 40%

    - 20%

    0%

    + 20%

    + 40%

    + 60%

    + 80%

    + 100%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    36

    8

    25

    12

    New Listings Closed Sales

    Year to Date 2010 2011

    + 50.0%- 30.6%

    14

    3

    9

    3

    New Listings Closed Sales

    March 2010 2011

    0.0%- 35.7%

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    2010 2011 + / 2010 2011 + /

    New Listings 1 4 + 300.0% 5 7 + 40.0%

    Closed Sales 1 0 - 100.0% 1 0 - 100.0%

    Median Sales Price* $86,000 $0 - 100.0% $86,000 $0 - 100.0%

    Average Sales Price* $86,000 $0 - 100.0% $86,000 $0 - 100.0%

    Percent of Original List Price Received* 86.1% 0.0% - 100.0% 86.1% 0.0% - 100.0%

    Days on Market Until Sale 82 0 - 100.0% 82 0 - 100.0%

    Inventory Single-Family Detached** 10 3 - 70.0% -- -- --

    Inventory Townhouse-Condo** 0 1 -- -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    + 300.0% - 100.0% - 100.0%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    BT

    7

    Year to Date 2010 2011

    4

    March 2010 2011

    All MLS

    BT

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 100%

    0%

    + 100%

    + 200%

    + 300%

    + 400%

    + 500%

    + 600%

    + 700%

    + 800%

    + 900%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    5

    1

    7

    0

    New Listings Closed Sales

    Year to Date 2010 2011

    - 100.0%+ 40.0%

    1 1

    4

    0

    New Listings Closed Sales

    March 2010 2011

    - 100.0%+ 300.0%

    . .

    - 100%

    0%

    + 100%

    + 200%

    + 300%

    + 400%

    + 500%

    + 600%

    + 700%

    + 800%

    + 900%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    5

    1

    7

    0

    New Listings Closed Sales

    Year to Date 2010 2011

    - 100.0%+ 40.0%

    1 1

    4

    0

    New Listings Closed Sales

    March 2010 2011

    - 100.0%+ 300.0%

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    2010 2011 + / 2010 2011 + /

    New Listings 41 23 - 43.9% 93 73 - 21.5%

    Closed Sales 11 8 - 27.3% 28 25 - 10.7%

    Median Sales Price* $158,000 $182,200 + 15.3% $113,000 $145,000 + 28.3%

    Average Sales Price* $154,036 $160,175 + 4.0% $137,985 $155,646 + 12.8%

    Percent of Original List Price Received* 93.4% 93.7% + 0.3% 91.1% 94.2% + 3.5%

    Days on Market Until Sale 105 61 - 42.2% 109 57 - 48.2%

    Inventory Single-Family Detached** 119 95 - 20.2% -- -- --

    Inventory Townhouse-Condo** 0 0 -- -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    - 43.9% - 27.3% + 15.3%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    BW

    93

    73

    Year to Date 2010 2011

    41

    March 2010 2011

    All MLS

    BW

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 40%

    - 20%

    0%

    + 20%

    + 40%

    + 60%

    + 80%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    93

    28

    73

    25

    New Listings Closed Sales

    Year to Date 2010 2011

    - 10.7%- 21.5%

    41

    11

    23

    8

    New Listings Closed Sales

    March 2010 2011

    - 27.3%- 43.9%

    . .

    - 40%

    - 20%

    0%

    + 20%

    + 40%

    + 60%

    + 80%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    93

    28

    73

    25

    New Listings Closed Sales

    Year to Date 2010 2011

    - 10.7%- 21.5%

    41

    11

    23

    8

    New Listings Closed Sales

    March 2010 2011

    - 27.3%- 43.9%

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    2010 2011 + / 2010 2011 + /

    New Listings 30 33 + 10.0% 101 70 - 30.7%

    Closed Sales 17 5 - 70.6% 35 21 - 40.0%

    Median Sales Price* $100,000 $94,900 - 5.1% $99,500 $106,000 + 6.5%

    Average Sales Price* $96,759 $128,380 + 32.7% $105,196 $114,210 + 8.6%

    Percent of Original List Price Received* 87.7% 85.1% - 3.0% 87.4% 89.3% + 2.2%

    Days on Market Until Sale 49 130 + 165.8% 70 98 + 39.9%

    Inventory Single-Family Detached** 135 126 - 6.7% -- -- --

    Inventory Townhouse-Condo** 2 0 - 100.0% -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    + 10.0% - 70.6% - 5.1%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    CC

    101

    Year to Date 2010 2011

    3033

    March 2010 2011

    All MLS

    CC

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 20%

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    + 25%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    101

    35

    70

    21

    New Listings Closed Sales

    Year to Date 2010 2011

    - 40.0%- 30.7%

    30

    17

    33

    5

    New Listings Closed Sales

    March 2010 2011

    - 70.6%+ 10.0%

    . .

    - 20%

    - 15%

    - 10%

    - 5%

    0%

    + 5%

    + 10%

    + 15%

    + 20%

    + 25%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    101

    35

    70

    21

    New Listings Closed Sales

    Year to Date 2010 2011

    - 40.0%- 30.7%

    30

    17

    33

    5

    New Listings Closed Sales

    March 2010 2011

    - 70.6%+ 10.0%

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    2010 2011 + / 2010 2011 + /

    New Listings 208 132 - 36.5% 514 353 - 31.3%

    Closed Sales 95 60 - 36.8% 188 147 - 21.8%

    Median Sales Price* $217,500 $207,500 - 4.6% $210,000 $201,000 - 4.3%

    Average Sales Price* $226,165 $213,781 - 5.5% $228,491 $224,166 - 1.9%

    Percent of Original List Price Received* 95.7% 93.0% - 2.8% 94.9% 93.6% - 1.3%

    Days on Market Until Sale 66 77 + 16.7% 68 79 + 15.1%

    Inventory Single-Family Detached** 336 311 - 7.4% -- -- --

    Inventory Townhouse-Condo** 48 39 - 18.8% -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    - 36.5% - 36.8% - 4.6%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    CLS

    514

    Year to Date 2010 2011

    208

    March 2010 2011

    All MLS

    CLS

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 8%

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    + 10%

    + 12%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    514

    188

    353

    147

    New Listings Closed Sales

    Year to Date 2010 2011

    - 21.8%- 31.3%

    208

    95

    132

    60

    New Listings Closed Sales

    March 2010 2011

    - 36.8%- 36.5%

    . .

    - 8%

    - 6%

    - 4%

    - 2%

    0%

    + 2%

    + 4%

    + 6%

    + 8%

    + 10%

    + 12%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    514

    188

    353

    147

    New Listings Closed Sales

    Year to Date 2010 2011

    - 21.8%- 31.3%

    208

    95

    132

    60

    New Listings Closed Sales

    March 2010 2011

    - 36.8%- 36.5%

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    2010 2011 + / 2010 2011 + /

    New Listings 11 14 + 27.3% 26 33 + 26.9%

    Closed Sales 8 3 - 62.5% 11 14 + 27.3%

    Median Sales Price* $262,000 $134,193 - 48.8% $230,000 $179,450 - 22.0%

    Average Sales Price* $287,317 $120,156 - 58.2% $262,767 $165,812 - 36.9%

    Percent of Original List Price Received* 88.2% 73.8% - 16.3% 87.3% 85.9% - 1.7%

    Days on Market Until Sale 179 99 - 44.5% 172 103 - 40.3%

    Inventory Single-Family Detached** 50 45 - 10.0% -- -- --

    Inventory Townhouse-Condo** 1 23 + 2200.0% -- -- --

    Local Market Update March 2011

    * Does not account for seller concessions. | ** City inventory figures were first tracked in June 2008. | Activity for one month can sometimes look extreme due to small sample size.

    March Year to Date

    A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

    + 27.3% - 62.5% - 48.8%Change in

    New Listings

    Change in

    Closed Sales

    Change in

    Median Sales Price

    CM

    26

    33

    Year to Date 2010 2011

    11

    14

    March 2010 2011

    All MLS

    CM

    Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot a

    ro ortioned accordin to their share of sales durin that eriod. All data comes from the ABOR Multi le Listin Service. Powered b 10K Research and Marketi

    - 40%

    - 30%

    - 20%

    - 10%

    0%

    + 10%

    + 20%

    + 30%

    + 40%

    + 50%

    + 60%

    + 70%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    26

    11

    33

    14

    New Listings Closed Sales

    Year to Date 2010 2011

    + 27.3%+ 26.9%

    11

    8

    14

    3

    New Listings Closed Sales

    March 2010 2011

    - 62.5%+ 27.3%

    . .

    - 40%

    - 30%

    - 20%

    - 10%

    0%

    + 10%

    + 20%

    + 30%

    + 40%

    + 50%

    + 60%

    + 70%

    1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

    Change in Median Sales Price from Prior Year (6-Month Average) ba

    26

    11

    33

    14

    New Listings Closed Sales

    Year to Date 2010 2011

    + 27.3%+ 26.9%

    11

    8

    14

    3

    New Listings Closed Sales

    March 2010 2011

    - 62.5%+ 27.3%

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    2010 2011 + / 2010 2011 + /

    New Listings 40 24 - 40.0% 102 79 - 22.5%

    Closed Sales 16 13 - 18.8% 49 32 - 34.7%

    Median Sales Price* $118,750 $86,000 - 27.6% $113,000 $91,500 - 19.0%

    Average Sales Price* $135,245 $93,386 - 31.0% $131,254 $97,841 - 25.5%

    Percent of Original List Price Received* 89.3% 89.6% + 0.3% 90.1% 92.3% + 2.4%

    Days on Market Until Sale 69 102 + 48.3% 69 95 + 37.6%

    Inventory Sing