Austin Real Estate Market Report September 2008

I’m pleased to announce that I have released my newest Austin real estate market report for September 2008.  While home prices in Austin are up 1.5% for the year, the number of homes sold is down 22% and withdrawals are up 34%.  Homeowners seem to be taking their Austin homes off the market rather than taking less.  The good news is that Austin has been able to buck the national trend so far by keeping prices high.  This is a good indicator of the faith people have in the long term prosperity of Austin Texas.  Be sure to follow my postings to keep up with the most up-to-date Austin real estate statistics.