Austin Texas Metro Single Family Homes Activity 11162016

Dated: November 14 2016

Views: 171

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                                        Thinking of today's reality or dreaming of a place far far away, you can impact your reality. 

 

                                                                    Austin Texas Metro Single Family Homes Activity 11/14/16

It is obvious that activity is cooling in general. People are grappling with the balance between affordability and the location they desire. Prices have soared while incomes are barely rising for the masses. This divergence can not be sustained forever. The numbers don't lie.

Available Homes: 6,547    Homes Under Contract: 1,643    Homes Sold Last 30 days: 793 

Compared to these numbers from October 24, 2016

Available Homes: 6,940    Homes Under Contract: 3,775    Homes Sold Last 30 days: 1,976

While this isn't a perfect apples to apples comparison due to the calendar it does represent the reality of each snap shot. Seasonal adjustments, of course. I have never noticed a seasonal swing of this magnitude for our area.

 

Morris "Bill" Austin ~ REALTOR® ~ Austin Board of REALTORS®               

Team Price Real Estate ~ Austin Texas Metro

Serving Sellers and Buyers in the Austin Texas Metro since 2007

Direct ~ 512-709-6343 ~ Email ~ bill@teamprice.com

Website ~ bill.buyinginaustin.com ~ @AustinTxHome ~ LinkedIn

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