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Greater Austin Annual MLS Stats for 2007
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    Created by Copeland Group, Texas Real Estate Experts
      Visit our Site at CopelandGroupRealty.com
Austin Market Overview
   The Greater Austin population is
   currently at 1.25 Million and is
   slated to grow by an additional
   million in 10 years.


   Austin frequently tops many “best
   places to live” surveys due to our
   friendly atmosphere, environmental
   consciousness and active lifestyle.


   Investors and relocation buyers are
   still flocking to Texas because of
   our affordability, strong job market,
   and continued growth.


   Austin and Texas have experienced a
   market shift, but because we grew at
   a slow, steady pace (2.5%-4%), we
   will not experience the “bust” of
   other markets.
**All Rights Reserved, Copyright Dee Copeland 2008. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com
Austin Market Summary
Largest Counties: Bastrop, Caldwell, Hays, Travis
and Williamson. Popular Cities: Austin, Bastrop,
Buda, Cedar Park, Dripping Springs, Georgetown,
Lakeway, Leander, Manor, Pflugerville, Round Rock.


The Average Sales Price in 2007 increased to
$249,543 from $234,601 in 2006. Median Sales
Price in 2007 increased by $10k to $184,040.


Dec.’07 days on market were 78. The 2007
Average Days on Market was 64.


Still Booming: Head South and North of
Central Austin near good schools! Homes are
selling in under 30 days. Contact us for details!
Current Trend Charts




            *Data Compiled from the
  Austin Board of REALTORS MLS & Analyzed By
     Dee Copeland, Texas Broker-Associate
Austin Units Sold-Single Family Homes
3200
                                                                                                                         1999
3000
                                                                                                                         2000

2800                                                                                                                     2001

                                                                                                                         2002
2600
                                                                                                                         2003
2400
                                                                                                                         2004
2200                                                                                                                     2005

2000                                                                                                                     2006

                                                                                                                         2007
1800


1600


1400


1200


1000


800
          Jan      Feb      Mar      Apr      May      Jun      Jul     Aug      Sep      Oct      Nov      Dec



       **All Rights Reserved, Copyright Dee Copeland 2008. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com
Austin Days to Sell
80




                                                                            73
                                                                                         71
68

                                                              67

                                                                                                       64           64



56                                              58




44                                 45

        42

                     38


32




20
       1999          2000         2001          2002         2003          2004          2005         2006          2007


     **All Rights Reserved, Copyright Dee Copeland 2008. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com
Austin Home Prices
$260,000.000


                                                                                  Average Price                                                $249,543
                                                                                  Median Price
$233,571.429
                                                                                                                               $234,601




                                                                                                               $213,874
$207,142.857

                                                               $202,718                        $201,517
                                                                               $200,639
                               $195,890        $197,546


$180,714.286                                                                                                                                        $184,040
               $181,329

                                                                                                                                    $173,378

                                                                                                                    $162,963
$154,285.714                                                        $156,396        $156,173        $154,778
                                                    $152,408
                                    $146,025

                    $137,068
$127,857.143




$101,428.571




 $75,000.000
                   1999            2000            2001            2002            2003            2004            2005            2006            2007


       **All Rights Reserved, Copyright Dee Copeland 2008. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com
Supplement
      Price Distribution
             & Raw Data)

**All Rights Reserved, Copyright Dee Copeland 2008. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com
Sales by Price Range
                       Dec'07                  YTD      Change    Active    Days to
Price Class            Sales    Distribution   Sales     2006    Listings    Sell
$1 to $19,999            0        0.00%         6       -54%         1        30
$20,000 to $29,999       5        0.40%        37         3%         8        39
$30,000 to $39,999       4        0.30%        44       -14%        24       100
$40,000 to $49,999       5        0.40%        79         5%        52       120
$50,000 to $59,999       6        0.40%        93       -17%        73       143
$60,000 to $69,999      10        0.70%        138      -17%        87       115
$70,000 to $79,999      16        1.20%        193       -4%       128       121
$80,000 to $89,999      29        2.10%        333      -23%       178        98
$90,000 to $99,999      50        3.60%        564      -22%       251        81
$100,000 to $109,999    84        6.10%        921      -12%       267        53
$110,000 to $119,999    124       9.00%        1323      -9%       463        64
$120,000 to $129,999    116       8.40%        1447      -4%       538        68
$130,000 to $139,999    129       9.40%        1361      3%        471        63
$140,000 to $149,999    103       7.50%        1114       8%       452        74
$150,000 to $159,999     69       5.00%        1028       4%       373        66
$160,000 to $169,999     78       5.70%         845      -4%       405        87
$170,000 to $179,999     59       4.30%         734       2%       324        81
$180,000 to $189,999     36       2.60%         622       2%       264        77
$190,000 to $199,999     38       2.80%         481      -1%       257        98
$200,000 to $249,999    141       10.20%       1898      7%        847        81
$250,000 to $299,999    92        6.70%        1311      14%       730       102
$300,000 to $399,999    98        7.10%        1146       3%       715       114
$400,000 to $499,999    39        2.80%         435      11%       346       145
$500,000 to $599,999    20        1.50%         209      -7%       226       197
$600,000 to $699,999     7        0.50%         144      17%       152       193
$700,000 to $799,999     7        0.50%         86        4%       107       227
$800,000 to $899,999     4        0.30%         50      -25%        80       292
$900,000 to $999,999     3        0.20%         35       -8%        50       261
$1,000,000 and more      7        0.50%         105       1%       191       332
Year   Month Sales   Average       Median      Price/     New       Active    Pending   DOM   List to
                       Price         Price      SQFT     Listings   Listings    Sales          Price
                                                                                               Ratio
1999    Jan     887    $156,294      $124,500    $86      1803       3419       1271     57    98.40%
1999    Feb    1027    $153,819      $124,190    $83      1857       3533       1374     56    98.10%
1999    Mar    1395    $156,468      $124,900    $84      2154       3645       1602     52    97.80%
1999    Apr    1402    $161,853      $126,000    $89      2244       3721       1646     47    98.40%
1999    May    1479    $169,470      $126,000    $90      2284       3759       1768     45    98.40%
1999    Jun    1780    $170,139      $130,480    $90      2388       3901       1790     40    98.20%
1999    Jul    1736    $168,655      $128,500    $90      2230       3890       1586     40    98.30%
1999    Aug    1652    $175,066      $129,900    $90      2048       3728       1564     40    97.90%
1999    Sep    1367    $170,409      $133,500    $90      1694       3526       1342     42    98.50%
1999    Oct    1255    $172,619      $129,900    $93      1690       3334       1296     44    98.10%
1999    Nov    1219    $179,010      $132,400    $94      1473       3144       1220     48    97.70%
1999    Dec    1189    $186,687      $140,000    $96      1098       2894       947      47    98.10%
2000    Jan     931    $172,353      $134,700    $92      1734       2794       1286     48    97.90%
2000    Feb    1171    $181,686      $137,000    $98      1851       2732       1499     45     99%
2000    Mar    1452    $192,262      $138,950   $102      2068       2785       1680     41    98.80%
2000    Apr    1440    $190,665      $140,000   $103      2026       2945       1556     38    99.40%
2000    May    1801    $206,450      $148,000   $106      2596       3326       1920     35    98.90%
2000    Jun    1718    $202,939      $152,000   $105      2404       3496       1748     33    99.30%
2000    Jul    1636    $200,684      $153,250   $105      2360       3667       1687     32     99%
2000    Aug    1695    $198,547      $149,900   $105      2194       3680       1518     34     99%
2000    Sep    1380    $200,430      $150,000   $107      2010       3775       1506     36    98.80%
2000    Oct    1393    $203,302      $150,000   $109      2370       3795       1694     38    98.40%
2000    Nov    1151    $200,768      $148,500   $108      1795       3787       1253     38    98.90%
2000    Dec    1214    $200,592      $150,000   $109      1325       3584       873      39    98.50%
2001    Jan    1004    $191,041      $143,980   $104      2304       3953       1238     41    98.30%
2001    Feb    1108    $196,394      $151,250   $104      2341       4718       1329     41    98.50%
2001    Mar    1409    $195,160      $149,000   $107      2890       5422       1572     37    98.10%
2001    Apr    1419    $196,996      $155,000   $103      2978       6085       1599     39    98.50%
2001    May    1646    $206,773      $155,000   $112      3225       6744       1612     40    98.50%
2001    Jun    1686    $203,417      $154,940   $107      3409       7376       1766     38     98%
2001    Jul    1662    $200,580      $159,000   $105      3141       7600       1584     42    97.40%
2001    Aug    1600    $206,711      $157,000   $107      2865       7533       1489     44    96.60%
2001    Sep    1223    $192,534      $149,000   $103      2514       7717       1107     49    97.20%
2001    Oct    1206    $187,273      $142,500   $101      2792       7342       1323     51    96.20%
2001    Nov    1227    $188,798      $155,000    $97      2191       6683       1362     55    96.20%
2001    Dec    1272    $204,879      $157,220   $104      1501       6158       1045     60    95.70%
2002    Jan    1079    $211,758      $155,000   $108      2827       6158       1458     63    95.50%
2002    Feb    1274    $203,107      $160,000   $106      2509       6459       1413     60    95.50%
2002    Mar    1424    $207,626      $158,000   $108      2956       6874       1632     60    96.40%
2002    Apr    1487    $199,574      $159,900   $102      3330       7464       1742     56     97%
2002    May    1735    $204,822      $158,900   $105      3675       8314       1705     47    96.40%
2002    Jun    1651    $209,980      $162,700   $108      3521       8755       1522     50    97.40%
2002    Jul    1571    $198,206      $155,000   $104      3347       9010       1556     51    96.90%
2002    Aug    1566    $206,267      $160,000   $103      3275       9000       1627     55    96.70%
2002    Sep    1289    $199,914      $154,000   $104      3042       9025       1437     64    96.70%
2002    Oct    1369    $200,350      $152,000   $102      3053       8865       1360     60    96.20%
2002    Nov    1202    $190,629      $150,250    $99      2311       8336       1312     64    96.50%
2002    Dec    1410    $200,387      $151,000   $100      1913       8060       1053     65    95.90%
2003    Jan     999    $186,128      $145,000    $99      3348       8315       1407     71    96.10%
2003    Feb    1144    $194,334      $151,500   $100      2733       8646       1292     68    96.80%
2003    Mar    1400    $198,985      $156,490   $101      3382       9219       1563     70    96.20%
2003    Apr    1413    $198,278      $157,400   $103      3710       9774       1711     70    96.50%
2003    May    1494    $205,185      $160,000   $105      3626       10100      1847     65    96.50%
2003    Jun    1769    $214,024      $165,650   $105      3547       10045      1948     65    96.50%
2003    Jul    1866    $210,321      $165,000   $104      3611       9996       1928     63    96.10%
2003    Aug    1986    $200,810      $157,360   $102      3165       9827       1769     64    96.20%
2003    Sep    1783    $191,651      $152,000    $97      3280       9711       1710     64    96.10%
2003    Oct    1483    $201,379      $155,000   $102      3213       9499       1575     66    96.30%
2003    Nov    1276    $199,228      $153,470    $99      2383       8923       1328     69    96.10%
2003    Dec    1617    $207,340      $155,200   $101      2145       8675       1283     72    95.40%
2004    Jan    1020    $189,213      $146,000    $97      3474       8853       1479     77    95.90%
2004    Feb    1192    $197,387      $150,000    $99      3254       9418       1626     77    96.30%
2004    Mar    1541    $201,920      $155,000   $102      4215       9680       2213     72     97%
2004    Apr    1888    $199,495      $155,000   $100      4357       9824       2297     71    96.50%
2004    May    1909    $205,427      $157,380   $102      4150       10081      2393     65    96.70%
2004    Jun    2240    $211,176      $164,000   $103      3746       10085      2542     68    96.70%
2004    Jul    2181    $207,380      $161,000   $101      4008       10053      2364     67    96.80%
2004    Aug    2146    $205,229      $155,000   $101      3537       9824       2274     70    96.30%
2004    Sep    1783    $205,577      $160,000   $100      3233       9513       1396     71    96.70%
2004    Oct    1568    $203,268      $151,050   $100      3171       9255       1076     77    96.40%
2004    Nov    1507    $192,215      $147,900    $96      2663       8377       1725     78    96.90%
2004    Dec    1962    $199,918      $155,000    $97      2140       7962       1602     81    96.80%
2005    Jan    1336    $198,804      $148,000    $98      3402       7982       1678     79    96.40%
2005    Feb    1491    $197,217      $159,000    $97      3258       8279       1898     82    96.60%
2005    Mar    2005    $205,700      $155,000   $100      3603       8605       2384     83    96.80%
2005    Apr    1960    $208,038      $162,000   $102      3738       8880       2421     74    97.40%
2005    May    2277    $219,118      $161,000   $105      3441       8369       2319     66    97.20%
2005    Jun    2462    $219,196      $168,500   $105      3599       8637       2506     64    97.70%
2005    Jul    2446    $226,419      $169,900   $108      3457       8871       2468     62    97.50%
2005    Aug    2634    $217,372      $169,400   $104      3105       8302       2549     67    97.40%
2005    Sep    2280    $213,946      $161,750   $104      2630       7835       2030     68    96.90%
2005    Oct    1913    $211,354      $161,000   $104      2737       7654       2023     67    97.10%
2005    Nov    1802    $224,729      $170,000   $108      2418       7173       1876     68    97.10%
2005    Dec    1938    $224,599      $170,000   $107      1889       6873       1591     73    97.30%
2006    Jan    1563    $227,755      $167,000   $109      3165       7143       1942     77    96.70%
2006    Feb    1698    $226,040      $169,050   $108      2906       7377       2127     71    97.30%
2006    Mar    2313    $231,775      $167,000   $111      3689       7811       2793     68    97.30%
2006    Apr    2172    $234,601      $174,000   $112      3769       8123       2943     58    97.70%
2006    May    2616    $237,136      $174,480   $114      3812       8172       3295     59    97.90%
2006    Jun    2993    $241,408      $179,000   $113      3951       8477       3286     57    97.90%
2006    Jul    2704    $243,512      $178,000   $115      3732       8368       3076     59    97.40%
2006    Aug    2794    $241,200      $180,500   $114      3283       8137       2891     60    97.30%
2006    Sep    2341    $228,411      $167,500   $111      2940       8203       2332     58    97.50%
2006    Oct    2094    $230,502      $175,000   $110      3074       7947       2417     67    97.50%
2006    Nov    1939    $235,305      $172,000   $113      2340       7354       2148     68    97.10%
2006    Dec    1976    $237,561      $177,000   $112      1827       6852       1852     70    96.90%
2007    Jan    1467    $242,001      $175,120   $116      2766       7060       2186     75    96.90%
2007    Feb    1724    $234,198      $176,000   $113      3076       7334       2499     69     97%
2007    Mar    2301    $245,223      $177,000   $117      3829       7776       2934     64    97.10%
2007    Apr    2294    $250,459      $185,000   $119      3944       8354       3016     58    97.60%
2007    May    2688    $249,717      $183,160   $118      4146       8821       3125     55    97.70%
2007    Jun    2766    $259,438      $191,380   $122      3899       9159       2789     53    97.70%
2007    Jul    2616    $257,526      $189,900   $123      3670       9451       2573     55    97.20%
2007    Aug    2487    $259,692      $191,000   $121      3806       9819       2196     58    97.10%
2007    Sep    1808    $253,084      $182,840   $121      2953       9979       1695     60    96.20%
2007    Oct    1742    $242,419      $180,830   $116      3157       9431       1953     69    96.40%
2007    Nov    1603    $249,119      $185,000   $117      2448       8069       1278     68    95.80%
2007    Dec    1655    $251,641      $191,250   $117      1742       8279       954      78     96%


Year          Units Average       Median        Price/     New       Active    Pending   DOM   List to
              Sold Price          Price         SQFT     Listings   Listings    Sales          Price
                                                                                               Ratio
1999          16388    $181,329      $137,068    $96      2016       3447       1511     42    98.49%
2000          16982    $195,890      $146,025   $104      2061       3364       1518     38    98.83%
2001          16462    $197,546      $152,408   $105      2679       6444       1419     45    97.43%
2002          17057    $202,718      $156,396   $104      2980       8027       1485     58    96.43%
2003          18230    $200,639      $156,173   $102      3179       9394       1613     67    96.23%
2004          20937    $201,517      $154,778   $100      3496       9410       1916     73    96.58%
2005          24544    $213,874      $162,963   $104      3106       8122       2145     71    97.12%
2006          27203    $234,601      $173,378   $112      3207       7830       2592     64    97.38%
2007          25151    $249,543      $184,040   $118      3286       8628       2267     64    96.89%
Market Reminders
When a market shifts, the initial turn
can feel shocking. In Oct. ’07, Dee
predicted a stabilization within 3-6
months, which has proven true.


Buyers should purchase during a
“buyer’s market”, when sellers will
be most realistic and willing to
provide incentives.


Austin sellers can sell in 90-120 days
if they price aggressively, use
staging, and price well.


The Austin Market seems to have
picked up in January due to improved
mortgage rates and loan packages.
“This who Can buy...are now buying.”

**All Rights Reserved, Copyright Dee Copeland 2008. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com
Stats and Resources
The TexasRealtyBlog.com


The Texas A&M Resource Center
www.recenter.tamu.edu


Austin Board of REALTORS®.
www.ABOR.com


MetroTex Association of REALTORS®
www.DFWrealtors.com


Houston Board of REALTORS®
www.HAR.com


San Antonio Board of REALTORS®
www.SABOR.com
Greater Austin Annual Market Update
   Visit TexasRealtyBlog.com for Latest News


                                  THANK YOU
                       Feel free to contact us!
                     www.CopelandGroupRealty.com

                                     512-697-9140
        Copeland Group @ Keller Williams Realty
              Your Central Texas Experts




**All Rights Reserved, Copyright Dee Copeland 2008. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com

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Austin Real Estate Update January '08

  • 1. Greater Austin Annual MLS Stats for 2007 Visit TexasRealtyBlog.com for More Info Created by Copeland Group, Texas Real Estate Experts Visit our Site at CopelandGroupRealty.com
  • 2. Austin Market Overview The Greater Austin population is currently at 1.25 Million and is slated to grow by an additional million in 10 years. Austin frequently tops many “best places to live” surveys due to our friendly atmosphere, environmental consciousness and active lifestyle. Investors and relocation buyers are still flocking to Texas because of our affordability, strong job market, and continued growth. Austin and Texas have experienced a market shift, but because we grew at a slow, steady pace (2.5%-4%), we will not experience the “bust” of other markets. **All Rights Reserved, Copyright Dee Copeland 2008. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com
  • 3. Austin Market Summary Largest Counties: Bastrop, Caldwell, Hays, Travis and Williamson. Popular Cities: Austin, Bastrop, Buda, Cedar Park, Dripping Springs, Georgetown, Lakeway, Leander, Manor, Pflugerville, Round Rock. The Average Sales Price in 2007 increased to $249,543 from $234,601 in 2006. Median Sales Price in 2007 increased by $10k to $184,040. Dec.’07 days on market were 78. The 2007 Average Days on Market was 64. Still Booming: Head South and North of Central Austin near good schools! Homes are selling in under 30 days. Contact us for details!
  • 4. Current Trend Charts *Data Compiled from the Austin Board of REALTORS MLS & Analyzed By Dee Copeland, Texas Broker-Associate
  • 5. Austin Units Sold-Single Family Homes 3200 1999 3000 2000 2800 2001 2002 2600 2003 2400 2004 2200 2005 2000 2006 2007 1800 1600 1400 1200 1000 800 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec **All Rights Reserved, Copyright Dee Copeland 2008. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com
  • 6. Austin Days to Sell 80 73 71 68 67 64 64 56 58 44 45 42 38 32 20 1999 2000 2001 2002 2003 2004 2005 2006 2007 **All Rights Reserved, Copyright Dee Copeland 2008. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com
  • 7. Austin Home Prices $260,000.000 Average Price $249,543 Median Price $233,571.429 $234,601 $213,874 $207,142.857 $202,718 $201,517 $200,639 $195,890 $197,546 $180,714.286 $184,040 $181,329 $173,378 $162,963 $154,285.714 $156,396 $156,173 $154,778 $152,408 $146,025 $137,068 $127,857.143 $101,428.571 $75,000.000 1999 2000 2001 2002 2003 2004 2005 2006 2007 **All Rights Reserved, Copyright Dee Copeland 2008. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com
  • 8. Supplement Price Distribution & Raw Data) **All Rights Reserved, Copyright Dee Copeland 2008. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com
  • 9. Sales by Price Range Dec'07 YTD Change Active Days to Price Class Sales Distribution Sales 2006 Listings Sell $1 to $19,999 0 0.00% 6 -54% 1 30 $20,000 to $29,999 5 0.40% 37 3% 8 39 $30,000 to $39,999 4 0.30% 44 -14% 24 100 $40,000 to $49,999 5 0.40% 79 5% 52 120 $50,000 to $59,999 6 0.40% 93 -17% 73 143 $60,000 to $69,999 10 0.70% 138 -17% 87 115 $70,000 to $79,999 16 1.20% 193 -4% 128 121 $80,000 to $89,999 29 2.10% 333 -23% 178 98 $90,000 to $99,999 50 3.60% 564 -22% 251 81 $100,000 to $109,999 84 6.10% 921 -12% 267 53 $110,000 to $119,999 124 9.00% 1323 -9% 463 64 $120,000 to $129,999 116 8.40% 1447 -4% 538 68 $130,000 to $139,999 129 9.40% 1361 3% 471 63 $140,000 to $149,999 103 7.50% 1114 8% 452 74 $150,000 to $159,999 69 5.00% 1028 4% 373 66 $160,000 to $169,999 78 5.70% 845 -4% 405 87 $170,000 to $179,999 59 4.30% 734 2% 324 81 $180,000 to $189,999 36 2.60% 622 2% 264 77 $190,000 to $199,999 38 2.80% 481 -1% 257 98 $200,000 to $249,999 141 10.20% 1898 7% 847 81 $250,000 to $299,999 92 6.70% 1311 14% 730 102 $300,000 to $399,999 98 7.10% 1146 3% 715 114 $400,000 to $499,999 39 2.80% 435 11% 346 145 $500,000 to $599,999 20 1.50% 209 -7% 226 197 $600,000 to $699,999 7 0.50% 144 17% 152 193 $700,000 to $799,999 7 0.50% 86 4% 107 227 $800,000 to $899,999 4 0.30% 50 -25% 80 292 $900,000 to $999,999 3 0.20% 35 -8% 50 261 $1,000,000 and more 7 0.50% 105 1% 191 332
  • 10. Year Month Sales Average Median Price/ New Active Pending DOM List to Price Price SQFT Listings Listings Sales Price Ratio 1999 Jan 887 $156,294 $124,500 $86 1803 3419 1271 57 98.40% 1999 Feb 1027 $153,819 $124,190 $83 1857 3533 1374 56 98.10% 1999 Mar 1395 $156,468 $124,900 $84 2154 3645 1602 52 97.80% 1999 Apr 1402 $161,853 $126,000 $89 2244 3721 1646 47 98.40% 1999 May 1479 $169,470 $126,000 $90 2284 3759 1768 45 98.40% 1999 Jun 1780 $170,139 $130,480 $90 2388 3901 1790 40 98.20% 1999 Jul 1736 $168,655 $128,500 $90 2230 3890 1586 40 98.30% 1999 Aug 1652 $175,066 $129,900 $90 2048 3728 1564 40 97.90% 1999 Sep 1367 $170,409 $133,500 $90 1694 3526 1342 42 98.50% 1999 Oct 1255 $172,619 $129,900 $93 1690 3334 1296 44 98.10% 1999 Nov 1219 $179,010 $132,400 $94 1473 3144 1220 48 97.70% 1999 Dec 1189 $186,687 $140,000 $96 1098 2894 947 47 98.10% 2000 Jan 931 $172,353 $134,700 $92 1734 2794 1286 48 97.90% 2000 Feb 1171 $181,686 $137,000 $98 1851 2732 1499 45 99% 2000 Mar 1452 $192,262 $138,950 $102 2068 2785 1680 41 98.80% 2000 Apr 1440 $190,665 $140,000 $103 2026 2945 1556 38 99.40% 2000 May 1801 $206,450 $148,000 $106 2596 3326 1920 35 98.90% 2000 Jun 1718 $202,939 $152,000 $105 2404 3496 1748 33 99.30% 2000 Jul 1636 $200,684 $153,250 $105 2360 3667 1687 32 99% 2000 Aug 1695 $198,547 $149,900 $105 2194 3680 1518 34 99% 2000 Sep 1380 $200,430 $150,000 $107 2010 3775 1506 36 98.80% 2000 Oct 1393 $203,302 $150,000 $109 2370 3795 1694 38 98.40% 2000 Nov 1151 $200,768 $148,500 $108 1795 3787 1253 38 98.90% 2000 Dec 1214 $200,592 $150,000 $109 1325 3584 873 39 98.50% 2001 Jan 1004 $191,041 $143,980 $104 2304 3953 1238 41 98.30% 2001 Feb 1108 $196,394 $151,250 $104 2341 4718 1329 41 98.50% 2001 Mar 1409 $195,160 $149,000 $107 2890 5422 1572 37 98.10% 2001 Apr 1419 $196,996 $155,000 $103 2978 6085 1599 39 98.50% 2001 May 1646 $206,773 $155,000 $112 3225 6744 1612 40 98.50% 2001 Jun 1686 $203,417 $154,940 $107 3409 7376 1766 38 98% 2001 Jul 1662 $200,580 $159,000 $105 3141 7600 1584 42 97.40% 2001 Aug 1600 $206,711 $157,000 $107 2865 7533 1489 44 96.60% 2001 Sep 1223 $192,534 $149,000 $103 2514 7717 1107 49 97.20% 2001 Oct 1206 $187,273 $142,500 $101 2792 7342 1323 51 96.20% 2001 Nov 1227 $188,798 $155,000 $97 2191 6683 1362 55 96.20% 2001 Dec 1272 $204,879 $157,220 $104 1501 6158 1045 60 95.70% 2002 Jan 1079 $211,758 $155,000 $108 2827 6158 1458 63 95.50% 2002 Feb 1274 $203,107 $160,000 $106 2509 6459 1413 60 95.50% 2002 Mar 1424 $207,626 $158,000 $108 2956 6874 1632 60 96.40% 2002 Apr 1487 $199,574 $159,900 $102 3330 7464 1742 56 97% 2002 May 1735 $204,822 $158,900 $105 3675 8314 1705 47 96.40% 2002 Jun 1651 $209,980 $162,700 $108 3521 8755 1522 50 97.40% 2002 Jul 1571 $198,206 $155,000 $104 3347 9010 1556 51 96.90% 2002 Aug 1566 $206,267 $160,000 $103 3275 9000 1627 55 96.70% 2002 Sep 1289 $199,914 $154,000 $104 3042 9025 1437 64 96.70% 2002 Oct 1369 $200,350 $152,000 $102 3053 8865 1360 60 96.20% 2002 Nov 1202 $190,629 $150,250 $99 2311 8336 1312 64 96.50% 2002 Dec 1410 $200,387 $151,000 $100 1913 8060 1053 65 95.90% 2003 Jan 999 $186,128 $145,000 $99 3348 8315 1407 71 96.10% 2003 Feb 1144 $194,334 $151,500 $100 2733 8646 1292 68 96.80% 2003 Mar 1400 $198,985 $156,490 $101 3382 9219 1563 70 96.20% 2003 Apr 1413 $198,278 $157,400 $103 3710 9774 1711 70 96.50% 2003 May 1494 $205,185 $160,000 $105 3626 10100 1847 65 96.50% 2003 Jun 1769 $214,024 $165,650 $105 3547 10045 1948 65 96.50% 2003 Jul 1866 $210,321 $165,000 $104 3611 9996 1928 63 96.10% 2003 Aug 1986 $200,810 $157,360 $102 3165 9827 1769 64 96.20% 2003 Sep 1783 $191,651 $152,000 $97 3280 9711 1710 64 96.10% 2003 Oct 1483 $201,379 $155,000 $102 3213 9499 1575 66 96.30% 2003 Nov 1276 $199,228 $153,470 $99 2383 8923 1328 69 96.10% 2003 Dec 1617 $207,340 $155,200 $101 2145 8675 1283 72 95.40% 2004 Jan 1020 $189,213 $146,000 $97 3474 8853 1479 77 95.90% 2004 Feb 1192 $197,387 $150,000 $99 3254 9418 1626 77 96.30% 2004 Mar 1541 $201,920 $155,000 $102 4215 9680 2213 72 97% 2004 Apr 1888 $199,495 $155,000 $100 4357 9824 2297 71 96.50% 2004 May 1909 $205,427 $157,380 $102 4150 10081 2393 65 96.70% 2004 Jun 2240 $211,176 $164,000 $103 3746 10085 2542 68 96.70% 2004 Jul 2181 $207,380 $161,000 $101 4008 10053 2364 67 96.80% 2004 Aug 2146 $205,229 $155,000 $101 3537 9824 2274 70 96.30% 2004 Sep 1783 $205,577 $160,000 $100 3233 9513 1396 71 96.70% 2004 Oct 1568 $203,268 $151,050 $100 3171 9255 1076 77 96.40% 2004 Nov 1507 $192,215 $147,900 $96 2663 8377 1725 78 96.90% 2004 Dec 1962 $199,918 $155,000 $97 2140 7962 1602 81 96.80% 2005 Jan 1336 $198,804 $148,000 $98 3402 7982 1678 79 96.40% 2005 Feb 1491 $197,217 $159,000 $97 3258 8279 1898 82 96.60% 2005 Mar 2005 $205,700 $155,000 $100 3603 8605 2384 83 96.80% 2005 Apr 1960 $208,038 $162,000 $102 3738 8880 2421 74 97.40% 2005 May 2277 $219,118 $161,000 $105 3441 8369 2319 66 97.20% 2005 Jun 2462 $219,196 $168,500 $105 3599 8637 2506 64 97.70% 2005 Jul 2446 $226,419 $169,900 $108 3457 8871 2468 62 97.50% 2005 Aug 2634 $217,372 $169,400 $104 3105 8302 2549 67 97.40% 2005 Sep 2280 $213,946 $161,750 $104 2630 7835 2030 68 96.90% 2005 Oct 1913 $211,354 $161,000 $104 2737 7654 2023 67 97.10% 2005 Nov 1802 $224,729 $170,000 $108 2418 7173 1876 68 97.10% 2005 Dec 1938 $224,599 $170,000 $107 1889 6873 1591 73 97.30% 2006 Jan 1563 $227,755 $167,000 $109 3165 7143 1942 77 96.70% 2006 Feb 1698 $226,040 $169,050 $108 2906 7377 2127 71 97.30% 2006 Mar 2313 $231,775 $167,000 $111 3689 7811 2793 68 97.30% 2006 Apr 2172 $234,601 $174,000 $112 3769 8123 2943 58 97.70% 2006 May 2616 $237,136 $174,480 $114 3812 8172 3295 59 97.90% 2006 Jun 2993 $241,408 $179,000 $113 3951 8477 3286 57 97.90% 2006 Jul 2704 $243,512 $178,000 $115 3732 8368 3076 59 97.40% 2006 Aug 2794 $241,200 $180,500 $114 3283 8137 2891 60 97.30% 2006 Sep 2341 $228,411 $167,500 $111 2940 8203 2332 58 97.50% 2006 Oct 2094 $230,502 $175,000 $110 3074 7947 2417 67 97.50% 2006 Nov 1939 $235,305 $172,000 $113 2340 7354 2148 68 97.10% 2006 Dec 1976 $237,561 $177,000 $112 1827 6852 1852 70 96.90% 2007 Jan 1467 $242,001 $175,120 $116 2766 7060 2186 75 96.90% 2007 Feb 1724 $234,198 $176,000 $113 3076 7334 2499 69 97% 2007 Mar 2301 $245,223 $177,000 $117 3829 7776 2934 64 97.10% 2007 Apr 2294 $250,459 $185,000 $119 3944 8354 3016 58 97.60% 2007 May 2688 $249,717 $183,160 $118 4146 8821 3125 55 97.70% 2007 Jun 2766 $259,438 $191,380 $122 3899 9159 2789 53 97.70% 2007 Jul 2616 $257,526 $189,900 $123 3670 9451 2573 55 97.20% 2007 Aug 2487 $259,692 $191,000 $121 3806 9819 2196 58 97.10% 2007 Sep 1808 $253,084 $182,840 $121 2953 9979 1695 60 96.20% 2007 Oct 1742 $242,419 $180,830 $116 3157 9431 1953 69 96.40% 2007 Nov 1603 $249,119 $185,000 $117 2448 8069 1278 68 95.80% 2007 Dec 1655 $251,641 $191,250 $117 1742 8279 954 78 96% Year Units Average Median Price/ New Active Pending DOM List to Sold Price Price SQFT Listings Listings Sales Price Ratio 1999 16388 $181,329 $137,068 $96 2016 3447 1511 42 98.49% 2000 16982 $195,890 $146,025 $104 2061 3364 1518 38 98.83% 2001 16462 $197,546 $152,408 $105 2679 6444 1419 45 97.43% 2002 17057 $202,718 $156,396 $104 2980 8027 1485 58 96.43% 2003 18230 $200,639 $156,173 $102 3179 9394 1613 67 96.23% 2004 20937 $201,517 $154,778 $100 3496 9410 1916 73 96.58% 2005 24544 $213,874 $162,963 $104 3106 8122 2145 71 97.12% 2006 27203 $234,601 $173,378 $112 3207 7830 2592 64 97.38% 2007 25151 $249,543 $184,040 $118 3286 8628 2267 64 96.89%
  • 11. Market Reminders When a market shifts, the initial turn can feel shocking. In Oct. ’07, Dee predicted a stabilization within 3-6 months, which has proven true. Buyers should purchase during a “buyer’s market”, when sellers will be most realistic and willing to provide incentives. Austin sellers can sell in 90-120 days if they price aggressively, use staging, and price well. The Austin Market seems to have picked up in January due to improved mortgage rates and loan packages. “This who Can buy...are now buying.” **All Rights Reserved, Copyright Dee Copeland 2008. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com
  • 12. Stats and Resources The TexasRealtyBlog.com The Texas A&M Resource Center www.recenter.tamu.edu Austin Board of REALTORS®. www.ABOR.com MetroTex Association of REALTORS® www.DFWrealtors.com Houston Board of REALTORS® www.HAR.com San Antonio Board of REALTORS® www.SABOR.com
  • 13. Greater Austin Annual Market Update Visit TexasRealtyBlog.com for Latest News THANK YOU Feel free to contact us! www.CopelandGroupRealty.com 512-697-9140 Copeland Group @ Keller Williams Realty Your Central Texas Experts **All Rights Reserved, Copyright Dee Copeland 2008. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com