Team Price Real Estate                                                                           http://www.teamprice.com ...
Team Price Real Estate                                                        http://www.teamprice.com                    ...
Team Price Real Estate                                                                http://www.teamprice.com            ...
Team Price Real Estate                                                              http://www.teamprice.com              ...
Team Price Real Estate                                                           http://www.teamprice.com                 ...
Team Price Real Estate                                                            http://www.teamprice.com                ...
Team Price Real Estate                                                                http://www.teamprice.com            ...
Team Price Real Estate                                                                 http://www.teamprice.com           ...
Team Price Real Estate                                                                  http://www.teamprice.com          ...
Team Price Real Estate                                                            http://www.teamprice.com                ...
Team Price Real Estate                                                                http://www.teamprice.com            ...
Team Price Real Estate                                                              http://www.teamprice.com              ...
Team Price Real Estate                             http://www.teamprice.com                                               ...
Team Price Real Estate                                                                   http://www.teamprice.com         ...
Team Price Real Estate                                                                       http://www.teamprice.com     ...
Team Price Real Estate                                                                            http://www.teamprice.com...
Team Price Real Estate                                                                    http://www.teamprice.com        ...
Team Price Real Estate                                                                    http://www.teamprice.com        ...
Team Price Real Estate                                                                   http://www.teamprice.com         ...
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Residential Sales Report - December 2011

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Residential Sales Report - December 2011

  1. 1. Team Price Real Estate http://www.teamprice.com 512-524-6608 Residential Sales Report A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS® December 2011 Quick Facts Theres no way to be certain what 2012 will bring. However, a few things do seem clear enough to make some assessments. First, 2011 was not the + 2.6% - 1.3% - 22.5% recovery year it was expected to be. It was yet another “transition year” for most. Second, multi-decade low mortgage rates and suppressed home prices Change in Change in Change in Closed Sales Median Sales Price Inventory coalesced to form an attractive purchase environment. And buyers did just what their name implies. This has driven down inventory levels in many locales, which—thirdly—nudged the market balance toward equilibrium. Heres how the y g q final month of 2011 concluded the year. Market Overview 2 New Listings in the Austin region decreased 11.9 percent to 1,582. Pending New Listings 3 Sales were up 21.4 percent to 1,413. Inventory levels shrank 22.5 percent to Pending Sales 4 7,758 units, extending the signature trend of 2011. Closed Sales 5 Prices were fairly stable. The Median Sales Price decreased 1.3 percent to Days On Market Until Sale 6 $186,450. Days on Market decreased 8.7 percent to 84 days. Absorption rates Median Sales Price 7 improved as Months Supply of Inventory was down 28.8 percent to 4.2 months. Average Sales Price 8 Ultimately, the upcoming spring market should be a major tell about the future Percent of List Price Received 9 direction of housing. Sellers are seeing multiple-offer situations; buyers are Housing Affordability Index 10 seeing sub-4.0 percent loans; supply-demand trends are more balanced. When it gets down to it, thats a stable foundation and a far cry from 2009. While the Inventory of Homes for Sale 11 fundamentals are better, the foreclosure situation and political unknowns remain Months Supply of Inventory 12 wildcards. For now, enjoy the fresh canvas. Click on desired metric to jump to that page. Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported.•Current as of January 10, 2012. All data from ABOR Multiple Listing Service. Powered by 10K Research and Marketing. 7320 N Mo-Pac Ste 305 Austin TX 78731
  2. 2. Team Price Real Estate http://www.teamprice.com 512-524-6608 Market Overview Key market metrics for the current month and year-to-date. New Listings 1,795 1,582 - 11.9% 39,466 34,742 - 12.0% 12-2008 12-2009 12-2010 12-2011 Pending Sales 1,164 1,413 + 21.4% 20,121 21,916 + 8.9% 12-2008 12-2009 12-2010 12-2011 Closed Sales 1,573 1,614 + 2.6% 20,062 21,261 + 6.0% 12-2008 12-2009 12-2010 12-2011 Days on Market Until Sale 92 84 - 8.7% 74 80 + 9.0% 12-2008 12-2009 12-2010 12-2011 Median Sales Price $189,000 $186,450 - 1.3% $188,000 $189,000 + 0.5% 12-2008 12-2009 12-2010 12-2011 Average Sales Price $245,024 $243,232 - 0.7% $245,565 $250,518 + 2.0% 12-2008 12-2009 12-2010 12-2011 Percent of Original 91.5% 92.5% + 1.2% 93.2% 93.0% - 0.2% List Price Received 12-2008 12-2009 12-2010 12-2011 Housing Affordability Index 160 180 + 12.3% 161 178 + 10.6% 12-2008 12-2009 12-2010 12-2011 Inventory of Homes for Sale 10,005 7,758 - 22.5% -- -- -- 12-2008 12-2009 12-2010 12-2011 Months Supply 6.0 4.2 - 28.8% -- -- -- of Homes for Sale 12-2008 12-2009 12-2010 12-2011 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 7320 N Mo-Pac Ste 305 Austin TX 78731
  3. 3. Team Price Real Estate http://www.teamprice.com 512-524-6608 New Listings A count of the properties that have been newly listed on the market in a given month. December Year To Date Month Prior Current +/– Year Year January 3,318 2,785 -16.1% 39,466 February 3,493 2,669 -23.6% 38,067 1,969 34,742 March 4,679 3,971 -15.1% 1,795 April 4,960 3,755 -24.3% 1,582 May 3,464 3,545 +2.3% June 3,796 3,551 -6.5% July 3,674 3,164 -13.9% August 2,978 2,702 -9.3% September 2,683 2,484 -7.4% October 2,543 2,482 -2.4% November 2,083 2,052 -1.5% -8.8% -11.9% +3.7% -12.0% December 1,795 1,582 -11.9% 2009 2010 2011 2009 2010 2011 12-Month Avg 3,289 2,895 -12.0% Historical New Listing Activity 5,500 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 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 | 3 7320 N Mo-Pac Ste 305 Austin TX 78731
  4. 4. Team Price Real Estate http://www.teamprice.com 512-524-6608 Pending Sales A count of the properties on which contracts have been accepted in a given month. December Year To Date Month Prior Current +/– Year Year 1,413 January 1,479 1,451 -1.9% 21,916 21,129 February 1,795 1,570 -12.5% 20,121 1,164 March 2,429 2,043 -15.9% 1,108 April 2,872 2,107 -26.6% May 1,443 2,257 +56.4% June 1,659 2,191 +32.1% July 1,640 2,107 +28.5% August 1,527 1,872 +22.6% September 1,397 1,706 +22.1% October 1,423 1,663 +16.9% November 1,293 1,536 +18.8% +5.1% +21.4% -4.8% +8.9% December 1,164 1,413 +21.4% 2009 2010 2011 2009 2010 2011 12-Month Avg 1,677 1,826 +8.9% Historical Pending Sales Activity 3,500 3,000 2,500 2,000 1,500 1,000 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 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 | 4 7320 N Mo-Pac Ste 305 Austin TX 78731
  5. 5. Team Price Real Estate http://www.teamprice.com 512-524-6608 Closed Sales A count of the actual sales that have closed in a given month. December Year To Date Month Prior Current +/– Year Year 1,573 1,614 January 993 1,059 +6.6% 1,519 20,911 21,261 20,062 February 1,264 1,225 -3.1% March 2,011 1,781 -11.4% April 2,252 1,859 -17.5% May 2,307 2,081 -9.8% June 2,211 2,356 +6.6% July 1,654 2,182 +31.9% August 1,686 2,224 +31.9% September 1,425 1,819 +27.6% October 1,346 1,592 +18.3% November 1,340 1,469 +9.6% +3.6% +2.6% -4.1% +6.0% December 1,573 1,614 +2.6% 2009 2010 2011 2009 2010 2011 12-Month Avg 1,672 1,772 +7.8% Historical Closed Sales Activity 3,500 3,000 2,500 2,000 1,500 1,000 500 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 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 | 5 7320 N Mo-Pac Ste 305 Austin TX 78731
  6. 6. Team Price Real Estate http://www.teamprice.com 512-524-6608 Days on Market Until Sale Average number of days between when a property is listed and when an offer is accepted in a given month. December Year To Date Month Prior Current +/– Year Year 92 January 79 88 +11.9% 80 84 76 February 72 93 +28.6% 79 74 March 69 92 +32.9% April 66 81 +22.3% May 62 76 +22.2% June 67 72 +8.3% July 70 74 +5.8% August 72 77 +7.1% September 77 78 +0.6% October 88 80 -9.1% November 86 79 -8.3% +15.6% -8.7% -2.7% +9.0% December 92 84 -8.7% 2009 2010 2011 2009 2010 2011 12-Month Avg 74 80 +9.0% Historical Days on Market Until Sale 100 90 80 70 60 50 40 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 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 | 6 7320 N Mo-Pac Ste 305 Austin TX 78731
  7. 7. Team Price Real Estate http://www.teamprice.com 512-524-6608 Median Sales Price Median price point for all closed sales, not accounting for seller concessions, in a given month. December Year To Date Month Prior Current +/– Year Year January $175,000 $184,500 +5.4% $186,000 $189,000 $186,450 $185,000 $188,000 $189,000 February $180,745 $185,000 +2.4% March $178,000 $182,000 +2.2% April $185,000 $189,900 +2.6% May $186,000 $192,000 +3.2% June $198,000 $198,000 0.0% July $211,555 $190,000 -10.2% August $194,000 $191,500 -1.3% September $188,731 $185,000 -2.0% October $190,000 $188,000 -1.1% November $179,500 $184,000 +2.5% +1.6% -1.3% +1.6% +0.5% December $189,000 $186,450 -1.3% 2009 2010 2011 2009 2010 2011 12-Mo. Median $188,000 $189,000 +0.5% Historical Median Sales Price $220,000 $210,000 $200,000 $190,000 $180,000 $170,000 $160,000 $150,000 $140,000 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 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 | 7 7320 N Mo-Pac Ste 305 Austin TX 78731
  8. 8. Team Price Real Estate http://www.teamprice.com 512-524-6608 Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month. December Year To Date Month Prior Current +/– Year Year January $233,052 $241,053 +3.4% $248,772 $245,024 $243,232 $245,565 $250,518 February $233,103 $237,568 +1.9% $236,398 March $230,812 $241,053 +4.4% April $228,668 $261,609 +14.4% May $236,487 $259,972 +9.9% June $265,235 $262,654 -1.0% July $275,446 $255,611 -7.2% August $257,321 $250,399 -2.7% September $241,609 $244,758 +1.3% October $255,409 $247,876 -2.9% November $243,559 $243,327 -0.1% - 1.5% - 0.7% + 3.9% + 2.0% December $245,024 $243,232 -0.7% 2009 2010 2011 2009 2010 2011 12-Month Avg $245,565 $250,518 +2.0% Historical Average Sales Price $280,000 $270,000 $260,000 $250,000 $240,000 $230,000 $220,000 $210,000 $200,000 $190,000 $180,000 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 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 | 8 7320 N Mo-Pac Ste 305 Austin TX 78731
  9. 9. Team Price Real Estate http://www.teamprice.com 512-524-6608 Percent of Original List Price Received Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold in a given month, not accounting for seller concessions. December Year To Date Month Prior Current +/– Year Year January 93.1% 91.6% -1.7% 93.1% 91.5% 92.5% 93.4% 93.2% 93.0% February 93.5% 92.3% -1.3% March 94.4% 92.6% -1.9% April 94.8% 93.4% -1.4% May 94.8% 93.4% -1.4% June 94.1% 93.8% -0.3% July 93.1% 93.5% +0.4% August 92.4% 93.2% +0.8% September 91.9% 92.9% +1.1% October 91.2% 93.0% +2.0% November 91.3% 92.8% +1.7% -1.8% +1.2% -0.1% -0.2% December 91.5% 92.5% +1.2% 2009 2010 2011 2009 2010 2011 12-Month Avg 93.2% 93.0% -0.2% Historical Percent of Original List Price Received 99.0% 98.0% 97.0% 96.0% 95.0% 94.0% 93.0% 92.0% 91.0% 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 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 | 9 7320 N Mo-Pac Ste 305 Austin TX 78731
  10. 10. Team Price Real Estate http://www.teamprice.com 512-524-6608 Housing Affordability Index This index measures housing affordability for the region. An index of 120 means the median household income was 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability. December Year To Date Month Prior Current +/– Year Year January 162 168 +4.1% 180 178 February 157 167 +6.3% 160 161 March 160 171 +7.1% 151 152 April 154 166 +7.7% May 154 168 +8.9% June 149 165 +10.4% July 144 170 +18.2% August 157 174 +10.7% September 161 181 +12.6% October 161 177 +10.2% November 170 182 +7.0% +6.2% +12.3% +6.2% +10.6% December 160 180 +12.3% 2009 2010 2011 2009 2010 2011 12-Month Avg 157 172 +9.6% Historical Housing Affordability Index 190 180 170 160 150 140 130 120 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 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 | 10 7320 N Mo-Pac Ste 305 Austin TX 78731
  11. 11. Team Price Real Estate http://www.teamprice.com 512-524-6608 Inventory of Homes for Sale The number of properties available for sale in active status at the end of a given month. December Month Prior Current +/– Year Year January 10,509 10,088 -4.0% February 11,170 10,274 -8.0% 9,870 10,005 March 12,198 11,169 -8.4% April 13,096 11,844 -9.6% 7,758 May 13,776 12,058 -12.5% June 14,341 12,134 -15.4% July 14,638 11,876 -18.9% August 13,959 11,217 -19.6% September 13,240 10,487 -20.8% October 12,407 9,953 -19.8% November 11,338 9,144 -19.4% +6.2% -22.5% December 10,005 7,758 -22.5% 2009 2010 2011 12-Month Avg 12,556 10,667 -14.9% Historical Inventory of Homes for Sale 15,000 14,000 13,000 12,000 11,000 10,000 9,000 8,000 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 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 | 11 7320 N Mo-Pac Ste 305 Austin TX 78731
  12. 12. Team Price Real Estate http://www.teamprice.com 512-524-6608 Months Supply of Inventory The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months. December Month Prior Current +/– Year Year January 5.9 6.0 +1.6% February 6.2 6.2 +0.3% 6.0 5.6 March 6.6 6.9 +4.5% April 6.8 7.6 +11.9% 4.2 May 7.4 7.4 +0.5% June 7.8 7.3 -7.5% July 8.2 6.9 -15.1% August 8.0 6.4 -19.3% September 7.8 5.9 -23.6% October 7.4 5.6 -25.0% November 6.8 5.1 -25.3% +6.2% -22.5% December 6.0 4.2 -28.8% 2009 2010 2011 12-Month Avg 7.1 6.3 -10.9% Historical Months Supply of Inventory 9 8 7 6 5 4 3 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 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 | 12 7320 N Mo-Pac Ste 305 Austin TX 78731
  13. 13. Team Price Real Estate http://www.teamprice.com 512-524-6608 Housing Supply Overview A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS® December 2011 Quick Facts + 21.3% + 11.3% + 9.3% Price Range With Home Size With Property Type With Strongest Sales: Strongest Sales: Strongest Sales: $125,000 and Below 1,501 to 2,000 sq. ft. Single-Family Pending Sales 2 Days on Market Until Sale 3 Median Sales Price 4 Percent of Original List Price Received 5 Inventory of Homes for Sale 6 Months Supply of Inventory 7 Click on desired metric to jump to that page. Current as of January 10, 2012. All data from ABOR Multiple Listing Service. Powered by 10K Research and Marketing. 7320 N Mo-Pac Ste 305 Austin TX 78731
  14. 14. Team Price Real Estate http://www.teamprice.com 512-524-6608 Pending Sales A count of properties on which offers have been accepted. Based on a rolling 12-month total. By Price Range 12-2010 12-2011 By Square Feet 12-2010 12-2011 6,638 5,141 5,939 6,119 5,042 4,924 5,831 4,661 5,599 4,404 4,547 5,240 4,205 3,632 3,508 3,163 2,241 2,009 572 659 + 21.3% + 2.0% + 5.6% + 8.1% + 11.5% + 15.2% + 6.1% + 11.3% + 8.5% + 10.9% $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 1,500 sq. ft. and 1,501 to 2,000 sq. 2,001 to 3,000 sq. 3,001 sq. ft. and Below ft. ft. Above All Properties Single-Family Homes Condos By Price Range 12-2010 12-2011 Change 12-2010 12-2011 Change 12-2010 12-2011 Change $125,000 and Below 3,632 4,404 + 21.3% 3,021 3,838 + 27.0% 607 560 - 7.7% $125,001 to $175,000 5,042 5,141 + 2.0% 4,536 4,640 + 2.3% 504 497 - 1.4% $175,001 to $250,000 4,661 4,924 + 5.6% 4,260 4,482 + 5.2% 398 441 + 10.8% $250,001 to $400,000 4,205 4,547 + 8.1% 3,899 4,150 + 6.4% 303 395 + 30.4% $400,001 to $750,000 2,009 2,241 + 11.5% 1,889 2,105 + 11.4% 119 135 + 13.4% $750,001 and Above 572 659 + 15.2% 552 631 + 14.3% 20 27 + 35.0% All Price Ranges 20,121 21,916 + 8.9% 18,157 19,846 + 9.3% 1,951 2,055 + 5.3% By Square Feet 12-2010 12-2011 Change 12-2010 12-2011 Change 12-2010 12-2011 Change 1,500 sq. ft. and Below 5,599 5,939 + 6.1% 4,157 4,464 + 7.4% 1,433 1,470 + 2.6% 1,501 to 2,000 sq. ft. 5,240 5,831 + 11.3% 4,884 5,437 + 11.3% 356 391 + 9.8% 2,001 to 3,000 sq. ft. 6,119 6,638 + 8.5% 5,971 6,455 + 8.1% 146 177 + 21.2% 3,001 sq. ft. and Above 3,163 3,508 + 10.9% 3,145 3,490 + 11.0% 16 17 + 6.3% All Square Footage 20,121 21,916 + 8.9% 18,157 19,846 + 9.3% 1,951 2,055 + 5.3% 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 7320 N Mo-Pac Ste 305 Austin TX 78731
  15. 15. Team Price Real Estate http://www.teamprice.com 512-524-6608 Days on Market Until Sale Average number of days between when a property is listed and when an offer is accepted. Based on a rolling 12-month average. By Price Range 12-2010 12-2011 By Square Feet 12-2010 12-2011 93 94 124 119 78 80 74 77 69 86 64 80 81 84 78 80 74 73 64 65 + 16.3% + 19.4% + 9.4% + 0.9% - 1.5% - 4.2% + 16.4% + 13.4% + 4.5% + 1.0% $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 1,500 sq. ft. and 1,501 to 2,000 sq. 2,001 to 3,000 sq. 3,001 sq. ft. and Below ft. ft. Above All Properties Single-Family Homes Condos By Price Range 12-2010 12-2011 Change 12-2010 12-2011 Change 12-2010 12-2011 Change $125,000 and Below 64 74 + 16.3% 64 73 + 13.7% 62 82 + 32.3% $125,001 to $175,000 65 78 + 19.4% 65 78 + 20.0% 71 81 + 14.0% $175,001 to $250,000 73 80 + 9.4% 72 79 + 10.7% 89 87 - 1.8% $250,001 to $400,000 80 81 + 0.9% 78 79 + 1.8% 108 97 - 9.8% $400,001 to $750,000 86 84 - 1.5% 84 83 - 1.4% 105 98 - 7.1% $750,001 and Above 124 119 - 4.2% 125 119 - 4.5% 99 107 + 8.3% All Price Ranges 74 80 + 9.0% 73 79 + 9.0% 80 87 + 9.3% By Square Feet 12-2010 12-2011 Change 12-2010 12-2011 Change 12-2010 12-2011 Change 1,500 sq. ft. and Below 64 74 + 16.4% 61 71 + 16.8% 71 82 + 15.6% 1,501 to 2,000 sq. ft. 69 78 + 13.4% 66 77 + 15.9% 106 97 - 8.4% 2,001 to 3,000 sq. ft. 77 80 + 4.5% 76 79 + 4.4% 105 106 + 0.6% 3,001 sq. ft. and Above 93 94 + 1.0% 93 94 + 0.7% 85 154 + 81.6% All Square Footage 74 80 + 9.0% 73 79 + 9.0% 80 87 + 9.3% 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 | 3 7320 N Mo-Pac Ste 305 Austin TX 78731
  16. 16. Team Price Real Estate http://www.teamprice.com 512-524-6608 Median Sales Price Median price point for all closed sales, not accounting for seller concessions. Based on a rolling 12-month median. By Square Feet 12-2010 12-2011 By Property Type 12-2010 12-2011 $400,000 $400,000 $188,000 $189,000 $191,810 $191,500 $166,222 $159,000 $231,000 $228,500 $163,000 $160,000 $130,000 $128,000 - 1.5% - 1.8% - 1.1% 0.0% + 0.5% - 0.2% + 4.5% 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 All Properties Single-Family Homes Condos All Properties Single-Family Homes Condos By Square Feet 12-2010 12-2011 Change 12-2010 12-2011 Change 12-2010 12-2011 Change 1,500 sq. ft. and Below $130,000 $128,000 - 1.5% $129,500 $124,500 - 3.9% $137,050 $146,000 + 6.5% 1,501 to 2,000 sq. ft. $163,000 $160,000 - 1.8% $160,000 $157,500 - 1.6% $226,000 $226,000 0.0% 2,001 to 3,000 sq. ft. $231,000 $228,500 - 1.1% $230,000 $226,500 - 1.5% $335,000 $305,900 - 8.7% 3,001 sq. ft. and Above $400,000 $400,000 0.0% $400,000 $400,000 0.0% $816,740 $572,500 - 29.9% All Square Footage $188,000 $189,000 + 0.5% $191,810 $191,500 - 0.2% $159,000 $166,222 + 4.5% 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 | 4 7320 N Mo-Pac Ste 305 Austin TX 78731
  17. 17. Team Price Real Estate http://www.teamprice.com 512-524-6608 Percent of Original List Price Received Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold, not accounting for seller concessions. Based on a rolling 12-month average. By Price Range 12-2010 12-2011 By Square Feet 12-2010 12-2011 94.5% 94.0% 94.0% 93.9% 93.7% 93.8% 93.4% 93.2% 93.5% 93.5% 92.5% 93.2% 93.3% 91.3% 90.4% 92.6% 89.9% 92.5% 88.8% 91.9% - 1.0% - 0.5% - 0.2% + 0.5% + 0.8% + 1.2% - 0.8% - 0.5% + 0.0% + 0.7% $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 1,500 sq. ft. and 1,501 to 2,000 sq. 2,001 to 3,000 sq. 3,001 sq. ft. and Below ft. ft. Above All Properties Single-Family Homes Condos By Price Range 12-2010 12-2011 Change 12-2010 12-2011 Change 12-2010 12-2011 Change $125,000 and Below 91.3% 90.4% - 1.0% 90.8% 90.1% - 0.8% 93.9% 92.5% - 1.5% $125,001 to $175,000 94.5% 94.0% - 0.5% 94.6% 94.0% - 0.6% 94.5% 94.5% + 0.0% $175,001 to $250,000 94.0% 93.8% - 0.2% 94.1% 93.8% - 0.3% 93.2% 93.6% + 0.4% $250,001 to $400,000 93.4% 93.9% + 0.5% 93.4% 93.9% + 0.5% 93.0% 93.9% + 0.9% $400,001 to $750,000 92.5% 93.2% + 0.8% 92.4% 93.1% + 0.8% 94.4% 94.3% - 0.1% $750,001 and Above 88.8% 89.9% + 1.2% 88.7% 89.8% + 1.2% 92.6% 92.7% + 0.1% All Price Ranges 93.2% 93.0% - 0.2% 93.2% 93.0% - 0.2% 93.8% 93.6% - 0.2% By Square Feet 12-2010 12-2011 Change 12-2010 12-2011 Change 12-2010 12-2011 Change 1,500 sq. ft. and Below 93.2% 92.5% - 0.8% 92.9% 92.1% - 0.9% 94.0% 93.7% - 0.3% 1,501 to 2,000 sq. ft. 93.7% 93.3% - 0.5% 93.8% 93.3% - 0.6% 92.7% 93.5% + 0.9% 2,001 to 3,000 sq. ft. 93.5% 93.5% + 0.0% 93.5% 93.5% + 0.1% 94.1% 92.7% - 1.5% 3,001 sq. ft. and Above 91.9% 92.6% + 0.7% 91.9% 92.6% + 0.7% 91.7% 93.1% + 1.5% All Square Footage 93.2% 93.0% - 0.2% 93.2% 93.0% - 0.2% 93.8% 93.6% - 0.2% 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 | 5 7320 N Mo-Pac Ste 305 Austin TX 78731
  18. 18. Team Price Real Estate http://www.teamprice.com 512-524-6608 Inventory of Homes for Sale The number of properties available for sale in active status at the end of the most recent month. Based on one month of activity. By Price Range 12-2010 12-2011 By Square Feet 12-2010 12-2011 2,847 2,216 2,713 2,087 2,442 1,948 1,937 2,358 1,615 1,929 2,003 1,524 1,585 1,749 1,721 1,368 1,107 1,071 710 595 - 29.8% - 31.2% - 24.1% - 16.6% - 3.3% - 16.2% - 28.9% - 28.4% - 17.2% - 14.1% $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 1,500 sq. ft. and 1,501 to 2,000 sq. 2,001 to 3,000 sq. 3,001 sq. ft. and Below ft. ft. Above All Properties Single-Family Homes Condos By Price Range 12-2010 12-2011 Change 12-2010 12-2011 Change 12-2010 12-2011 Change $125,000 and Below 1,948 1,368 - 29.8% 1,622 1,115 - 31.3% 320 245 - 23.4% $125,001 to $175,000 2,216 1,524 - 31.2% 1,981 1,349 - 31.9% 230 174 - 24.3% $175,001 to $250,000 2,087 1,585 - 24.1% 1,832 1,417 - 22.7% 249 160 - 35.7% $250,001 to $400,000 1,937 1,615 - 16.6% 1,690 1,435 - 15.1% 243 175 - 28.0% $400,001 to $750,000 1,107 1,071 - 3.3% 999 995 - 0.4% 102 74 - 27.5% $750,001 and Above 710 595 - 16.2% 675 559 - 17.2% 33 33 0.0% All Price Ranges 10,005 7,758 - 22.5% 8,799 6,870 - 21.9% 1,177 861 - 26.8% By Square Feet 12-2010 12-2011 Change 12-2010 12-2011 Change 12-2010 12-2011 Change 1,500 sq. ft. and Below 2,713 1,929 - 28.9% 1,928 1,363 - 29.3% 775 554 - 28.5% 1,501 to 2,000 sq. ft. 2,442 1,749 - 28.4% 2,178 1,556 - 28.6% 261 187 - 28.4% 2,001 to 3,000 sq. ft. 2,847 2,358 - 17.2% 2,720 2,255 - 17.1% 115 99 - 13.9% 3,001 sq. ft. and Above 2,003 1,721 - 14.1% 1,973 1,696 - 14.0% 26 20 - 23.1% All Square Footage 10,005 7,758 - 22.5% 8,799 6,870 - 21.9% 1,177 861 - 26.8% 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 | 6 7320 N Mo-Pac Ste 305 Austin TX 78731
  19. 19. Team Price Real Estate http://www.teamprice.com 512-524-6608 Months Supply of Inventory The inventory of homes for sale at the end of the most recent month, based on one month of activity, divided by the average monthly pending sales from the last 12 months. By Price Range 12-2010 12-2011 By Square Feet 12-2010 12-2011 14.9 7.6 5.8 5.9 10.8 5.6 5.6 4.3 3.9 3.6 6.4 6.6 5.3 5.4 5.5 5.7 3.9 4.3 3.7 3.6 - 42.1% - 32.6% - 28.1% - 22.9% - 13.3% - 27.3% - 33.0% - 35.6% - 23.7% - 22.5% $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 1,500 sq. ft. and 1,501 to 2,000 sq. 2,001 to 3,000 sq. 3,001 sq. ft. and Below ft. ft. Above All Properties Single-Family Homes Condos By Price Range 12-2010 12-2011 Change 12-2010 12-2011 Change 12-2010 12-2011 Change $125,000 and Below 6.4 3.7 - 42.1% 6.4 3.5 - 45.9% 6.3 5.3 - 17.0% $125,001 to $175,000 5.3 3.6 - 32.6% 5.2 3.5 - 33.4% 5.5 4.2 - 23.3% $175,001 to $250,000 5.4 3.9 - 28.1% 5.2 3.8 - 26.5% 7.5 4.4 - 42.0% $250,001 to $400,000 5.5 4.3 - 22.9% 5.2 4.1 - 20.2% 9.6 5.3 - 44.8% $400,001 to $750,000 6.6 5.7 - 13.3% 6.3 5.7 - 10.6% 10.3 6.6 - 36.0% $750,001 and Above 14.9 10.8 - 27.3% 14.7 10.6 - 27.6% 14.9 12.2 - 17.7% All Price Ranges 6.0 4.2 - 28.8% 5.8 4.2 - 28.6% 7.2 5.0 - 30.6% By Square Feet 12-2010 12-2011 Change 12-2010 12-2011 Change 12-2010 12-2011 Change 1,500 sq. ft. and Below 5.8 3.9 - 33.0% 5.6 3.7 - 34.2% 6.5 4.5 - 30.3% 1,501 to 2,000 sq. ft. 5.6 3.6 - 35.6% 5.4 3.4 - 35.8% 8.8 5.7 - 34.8% 2,001 to 3,000 sq. ft. 5.6 4.3 - 23.7% 5.5 4.2 - 23.3% 9.5 6.7 - 29.0% 3,001 sq. ft. and Above 7.6 5.9 - 22.5% 7.5 5.8 - 22.5% 13.0 10.6 - 18.6% All Square Footage 6.0 4.2 - 28.8% 5.8 4.2 - 28.6% 7.2 5.0 - 30.6% 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 | 7 7320 N Mo-Pac Ste 305 Austin TX 78731

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