February 2012 Market Update

Posted by Jesse Gomez on Wednesday, March 14th, 2012 at 3:52pm.

Things are looking up in Austin Real Estate. 

  • The number of sales in the area for February 2012 is up 3% on a year to year basis.
  • The sales volume is also up at an 8% increase.
  • The average Austin home value is also up at 6% from 2011 to 2012.
 

Sold Volume

 

 

2011

2012

Change

 

 

 

 

$253,046,128.00

$274,398,464.00

8%

 

 

 

 

 

 

 

 

 

 

Number of Sales

 

 

2010

2011

Change

 

 

 

 

1,022

1,050

3%

 

 

 

 

 

 

 

 

 

 

Average Price

 

 

2011

2012

Change

 

 

 

 

$247,598.00

$261,331.00

6%

 

 

 

 

 

 

 

 

 

 

Sales Volume

 Number Sold

 Area

2011

2012

Change

2011

2012

Change

1A

$6,888,200

$5,758,850

-16%

19

13

-32%

1B

$11,806,003

$17,602,400

49%

19

24

26%

1N

$7,519,050

$7,979,450

6%

26

29

12%

2

$6,225,450

$5,873,895

-6%

26

22

-15%

2N

$1,607,555

$2,470,000

54%

12

19

58%

3

$3,444,350

$4,618,650

34%

19

26

37%

3E

$855,268

$296,900

-65%

9

3

-67%

4

$3,179,800

$7,490,900

136%

10

21

110%

5 & 5E

$4,021,492

$3,325,550

-17%

27

22

-19%

6

$4,127,400

$6,053,400

47%

14

17

21%

7

$1,917,000

$2,402,558

25%

5

4

-20%

8E

$10,502,952

$12,821,879

22%

16

12

-25%

8W

$4,330,200

$5,021,099

16%

9

10

11%

9

$640,400

$953,224

49%

4

7

75%

10N

$2,560,250

$5,188,974

103%

16

27

69%

10S

$3,909,480

$5,845,288

50%

22

33

50%

11

$1,166,490

$1,593,230

37%

13

17

31%

BA

$2,339,066

$1,862,800

-20%

12

11

-8%

CLN

$10,033,156

$9,328,122

-7%

50

56

12%

CLS

$10,861,040

$11,958,540

10%

45

54

20%

CL Total

$      20,894,196.00

 $       21,286,662.00

2%

95

110

16%

GTE

$2,555,298

$2,583,791

1%

17

18

6%

GTW

$11,040,128

$11,734,419

6%

55

48

-13%

HD

$7,881,990

$7,572,000

-4%

23

22

-4%

HH

$7,748,991

$7,688,367

-1%

51

46

-10%

HU

$3,478,549

$3,255,735

-6%

23

21

-9%

LH

$2,252,617

$1,847,400

-18%

9

9

0%

LN

$2,753,300

$2,531,625

-8%

14

9

-36%

LS

$22,128,796

$28,116,432

27%

51

59

16%

N

$2,361,150

$3,909,415

66%

13

20

54%

NE

$1,568,500

$1,850,764

18%

11

14

27%

NW

$6,936,396

$6,038,991

-13%

28

25

-11%

PF

$9,460,494

$8,370,595

-12%

61

53

-13%

RN

$17,102,824

$13,063,153

-24%

28

27

-4%

RRE

$9,798,427

$9,060,201

-8%

59

51

-14%

RRW

$16,584,183

$13,933,360

-16%

68

57

-16%

RR Total

$      26,382,610.00

 $       22,993,561.00

-13%

127

108

-15%

SC

$1,181,750

$1,662,354

41%

8

9

13%

SWE

$8,518,835

$8,226,128

-3%

36

36

0%

SWW

$8,784,750

$10,783,300

23%

30

33

10%

UT

$226,600

$247,500

9%

1

1

0%

W

$5,466,747

$7,833,905

43%

16

24

50%

DT Condos

$7,342,409

$6,573,750

-10%

16

13

-19%

UT Condos

$1,371,845

$2,718,500

98%

8

12

50%

 

 

 

 

 

 

 

 

 

Israel Gutierrez
Broker Associate, Realtor®, BPOR, GREEN
512/299-3809 Direct
israel@austinhomeshop.com

 

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