Austin Real Estate Market Report November 2008

By December 9, 2008real estate

Austin real estate continues to defy the odds as we near the end of 2008. While the number of homes sold is down 23% for the year, median single-family home prices are still up 1.1% for the year. The depressed national economy has clearly caused the slow down in home sales volume in Austin, but it is amazing that Austin median sold home prices have actually increased for the year. Take a moment to look back on the year and see how the Austin residential real estate market has performed by clicking on this link for my Austin real estate market report November 2008.

One Comment

  • KatieO says:

    What is really amazing to me is how there are not more people buying homes. This is the time to buy – especially with home loan rates down as low as they are – RECORD lows. Seriously…if you have a good job and don’t own a home – sieze this opportunity!

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