housing supply overview-jan11

8/7/2019 Housing Supply Overview-Jan11

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A RESEARCH TOOL PROVIDED BY THEAUSTIN BOARD OF REALTORS

January 2011 Quick Facts

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

Pending Sales 2

Days on Market Until Sale 3Median 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

Housing Supply Overview

+ 16.8% - 4.4%+ 1.3%

Click on desired metric to jump to that page.

Price Range With

Strongest Sales:

Home Size With

Strongest Sales:

Property Type With

Strongest Sales:

Single-Family

Percent of Original List Price Received


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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 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change$125,000 and Below 3,751 3,738 - 0.3% 3,072 3,156 + 2.7% 674 578 - 14.2%

$125,001 to $175,000 5,734 5,056 - 11.8% 5,189 4,559 - 12.1% 542 495 - 8.7%

$175,001 to $250,000 5,271 4,646 - 11.9% 4,827 4,256 - 11.8% 443 388 - 12.4%

$250,001 to $400,000 4,177 4,287 + 2.6% 3,900 3,970 + 1.8% 275 314 + 14.2%$400,001 to $750,000 1,837 2,006 + 9.2% 1,770 1,884 + 6.4% 65 122 + 87.7%

$750,001 and Above 501 585 + 16.8% 484 563 + 16.3% 17 22 + 29.4%

All Price Ranges 21,271 20,318 - 4.5% 19,242 18,388 - 4.4% 2,016 1,919 - 4.8%

By Square Feet 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change

1,500 sq. ft. and Below 6,339 5,612 - 11.5% 4,742 4,198 - 11.5% 1,587 1,406 - 11.4%

1,501 to 2,000 sq. ft. 5,573 5,291 - 5.1% 5,261 4,940 - 6.1% 312 351 + 12.5%

2,001 to 3,000 sq. ft. 6,192 6,208 + 0.3% 6,082 6,062 - 0.3% 108 144 + 33.3%

3,001 sq. ft. and Above 3,166 3,207 + 1.3% 3,156 3,188 + 1.0% 9 18 + 100.0%

All Square Footage 21,271 20,318 - 4.5% 19,242 18,388 - 4.4% 2,016 1,919 - 4.8%

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

3,751

5,7345,271

4,177

1,837

501

3,738

5,0564,646

4,287

2,006

585

$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 1-2010 1-2011

6,339

5,573

6,192

3,166

5,6125,291

6,208

3,207

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 1-2010 1-2011

- 0.3% - 11.8% - 11.9% + 9.2% + 16.8% - 11.5% + 0.3% + 1.3%- 11.9% - 11.5%


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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.

By Price Range 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change$125,000 and Below 58 64 + 10.8% 57 65 + 14.7% 65 61 - 5.7%

$125,001 to $175,000 61 66 + 8.4% 60 66 + 10.0% 73 70 - 3.7%

$175,001 to $250,000 74 73 - 1.2% 73 72 - 1.2% 91 89 - 1.7%

$250,001 to $400,000 91 80 - 11.8% 89 78 - 12.2% 118 107 - 9.7%

$400,001 to $750,000 106 84 - 20.7% 106 83 - 21.2% 122 100 - 17.8%

$750,001 and Above 139 124 - 10.5% 139 125 - 9.9% 134 99 - 26.1%

All Price Ranges 75 74 - 2.1% 75 73 - 1.9% 83 79 - 4.4%


1,500 sq. ft. and Below 61 64 + 5.4% 56 62 + 10.5% 75 70 - 6.3%

1,501 to 2,000 sq. ft. 65 69 + 6.6% 63 67 + 6.2% 103 106 + 2.6%

2,001 to 3,000 sq. ft. 82 76 - 6.6% 81 76 - 6.2% 130 97 - 25.7%

3,001 sq. ft. and Above 110 93 - 15.2% 109 93 - 15.2% 139 90 - 35.2%

All Square Footage 75 74 - 2.1% 75 73 - 1.9% 83 79 - 4.4%



58 61

74

91

106

139

64 6673

80 84

124



6165

82

110

6469

76

93


1,501 to 2,000 sq.ft.

2,001 to 3,000 sq.ft.



+ 10.8% + 8.4% - 1.2% - 20.7% - 10.5% + 5.4% - 6.6% - 15.2%- 1.2% + 5.4%


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Median Sales Price


1,500 sq. ft. and Below $131,000 $130,000 - 0.8% $130,000 $129,900 - 0.1% $135,500 $137,900 + 1.8%

1,501 to 2,000 sq. ft. $165,000 $163,000 - 1.2% $162,500 $160,000 - 1.5% $237,277 $225,500 - 5.0%

2,001 to 3,000 sq. ft. $226,000 $232,000 + 2.7% $225,000 $230,100 + 2.3% $300,000 $336,000 + 12.0%

3,001 sq. ft. and Above $384,500 $400,000 + 4.0% $384,000 $400,000 + 4.2% $684,750 $820,251 + 19.8%

All Square Footage $185,000 $189,000 + 2.2% $188,500 $192,500 + 2.1% $154,000 $159,500 + 3.6%


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.


$131,000

$165,000

$226,000

$384,500

$130,000

$163,000

$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


$185,000 $188,500

$154,000

$189,000 $192,500

$159,500


By Property Type 1-2010 1-2011

+ 2.1% + 3.6%- 0.8% - 1.2% + 2.2%+ 2.7% + 4.0%


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Percent of Original List Price Received

By Price Range 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change$125,000 and Below 93.3% 91.1% - 2.3% 93.1% 90.6% - 2.6% 94.2% 93.7% - 0.5%

$125,001 to $175,000 95.7% 94.4% - 1.3% 95.8% 94.4% - 1.4% 95.0% 94.3% - 0.7%

$175,001 to $250,000 94.1% 94.0% - 0.1% 94.2% 94.1% - 0.1% 93.0% 93.1% + 0.1%

$250,001 to $400,000 92.1% 93.4% + 1.4% 92.2% 93.4% + 1.3% 90.6% 93.2% + 2.9%

$400,001 to $750,000 90.1% 92.5% + 2.6% 90.1% 92.4% + 2.5% 90.7% 94.4% + 4.1%

$750,001 and Above 85.3% 89.1% + 4.5% 85.3% 89.0% + 4.3% 83.7% 92.6% + 10.6%

All Price Ranges 93.4% 93.2% - 0.3% 93.4% 93.1% - 0.3% 93.4% 93.7% + 0.3%


1,500 sq. ft. and Below 94.3% 93.1% - 1.3% 94.3% 92.8% - 1.6% 94.1% 93.9% - 0.2%

1,501 to 2,000 sq. ft. 94.8% 93.7% - 1.1% 94.9% 93.7% - 1.2% 92.4% 92.8% + 0.4%

2,001 to 3,000 sq. ft. 93.2% 93.4% + 0.3% 93.3% 93.4% + 0.2% 87.9% 94.1% + 7.1%

3,001 sq. ft. and Above 90.0% 92.0% + 2.2% 90.0% 92.0% + 2.2% 81.0% 91.2% + 12.7%

All Square Footage 93.4% 93.2% - 0.3% 93.4% 93.1% - 0.3% 93.4% 93.7% + 0.3%

The average percentage found when dividing a property's sales price by the original list price. Does not account for list prices from

any previous listing contracts, nor does it account for seller concessions. Sold properties only. Based on a rolling 12-month average.



93.3%

95.7%

94.1%

92.1%

90.1%

85.3%

91.1%

94.4% 94.0%93.4%

92.5%

89.1%



94.3%94.8%

93.2%

90.0%

93.1%93.7% 93.4%

92.0%


1,501 to 2,000 sq.ft.

2,001 to 3,000 sq.ft.



- 2.3% - 1.3% - 0.1% + 2.6% + 4.5% - 1.3% + 0.3% + 2.2%- 0.1% - 1.3%


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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.

By Price Range 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change$125,000 and Below 1,607 1,832 + 14.0% 1,327 1,531 + 15.4% 278 297 + 6.8%

$125,001 to $175,000 2,078 2,121 + 2.1% 1,799 1,887 + 4.9% 276 228 - 17.4%

$175,001 to $250,000 2,142 2,066 - 3.5% 1,852 1,821 - 1.7% 285 239 - 16.1%

$250,001 to $400,000 2,028 1,914 - 5.6% 1,752 1,670 - 4.7% 273 240 - 12.1%

$400,001 to $750,000 1,300 1,131 - 13.0% 1,142 1,027 - 10.1% 154 99 - 35.7%

$750,001 and Above 752 732 - 2.7% 700 692 - 1.1% 47 38 - 19.1%

All Price Ranges 9,907 9,796 - 1.1% 8,572 8,628 + 0.7% 1,313 1,141 - 13.1%


1,500 sq. ft. and Below 2,604 2,639 + 1.3% 1,735 1,882 + 8.5% 861 747 - 13.2%

1,501 to 2,000 sq. ft. 2,262 2,386 + 5.5% 1,977 2,128 + 7.6% 285 255 - 10.5%

2,001 to 3,000 sq. ft. 2,957 2,785 - 5.8% 2,807 2,662 - 5.2% 143 114 - 20.3%

3,001 sq. ft. and Above 2,082 1,986 - 4.6% 2,051 1,956 - 4.6% 24 25 + 4.2%

All Square Footage 9,907 9,796 - 1.1% 8,572 8,628 + 0.7% 1,313 1,141 - 13.1%



1,607

2,078 2,142 2,028

1,300

752

1,832

2,121 2,0661,914

1,131

732



2,604

2,262

2,957

2,082

2,6392,386

2,785

1,986


1,501 to 2,000 sq.ft.

2,001 to 3,000 sq.ft.



+ 14.0% + 2.1% - 3.5% - 13.0% - 2.7% + 1.3% - 5.8% - 4.6%- 3.5% + 1.3%


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

By Price Range 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change$125,000 and Below 5.3 6.1 + 15.6% 5.3 6.2 + 17.1% 5.3 5.8 + 7.7%

$125,001 to $175,000 4.5 5.0 + 12.0% 4.3 4.9 + 16.2% 6.6 5.4 - 17.7%

$175,001 to $250,000 4.9 5.4 + 8.9% 4.6 5.2 + 12.1% 8.3 7.2 - 14.3%

$250,001 to $400,000 5.8 5.6 - 4.9% 5.4 5.2 - 3.0% 12.5 9.7 - 22.2%

$400,001 to $750,000 8.6 6.8 - 21.3% 7.8 6.5 - 16.8% 28.0 10.6 - 62.1%

$750,001 and Above 18.8 15.7 - 16.7% 18.1 15.3 - 15.4% 24.9 15.2 - 38.9%

All Price Ranges 5.7 5.9 + 3.3% 5.4 5.7 + 6.1% 8.4 7.0 - 16.3%


1,500 sq. ft. and Below 5.1 5.7 + 12.0% 4.4 5.5 + 22.8% 7.0 6.2 - 10.8%

1,501 to 2,000 sq. ft. 4.9 5.5 + 11.4% 4.6 5.3 + 15.4% 11.8 8.8 - 25.9%

2,001 to 3,000 sq. ft. 5.8 5.5 - 5.4% 5.6 5.4 - 4.0% 17.2 9.5 - 44.6%

3,001 sq. ft. and Above 8.0 7.6 - 4.8% 7.9 7.5 - 4.5% 18.0 10.9 - 39.2%

All Square Footage 5.7 5.9 + 3.3% 5.4 5.7 + 6.1% 8.4 7.0 - 16.3%



5.34.5 4.9

5.8

8.6

18.8

6.15.0 5.4 5.6

6.8

15.7



5.1 4.9

5.8

8.0

5.7 5.5 5.5

7.6


1,501 to 2,000 sq.ft.

2,001 to 3,000 sq.ft.



+ 15.6% + 12.0% + 8.9% - 21.3% - 16.7% + 12.0% - 5.4% - 4.8%+ 8.9% + 12.0%

housing supply overview-jan11

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