This Austin real estate update is provided by DeeinAustin, Principal of Copeland Group at Keller Williams Realty in Austin . Sign up for the free market update newsletter at TexasRealEstateUpdte.com.

1. Greater Austin MLS Stats- 3rd Quarter 2007
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2. Austin Market Summary
The mortgage market has slowed, creating
less qualified buyers.
The mortgage market most affected was the
sub-prime sector, including “Jumbo” loans and
non-owner occupant.
Inventory has increased to 90-days in some
areas of Austin, signaling a shifting market
(not buyer’s or seller’s).
Well-priced Austin homes that are staged and
in good condition are seeing multiple and
even full-priced offers.
**All Rights Reserved, Copyright Dee Copeland 2007. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com

3. National Sentiment
“Our market is really a tale of two markets—80% of the
homes are overpriced and 20% are well-priced. The well-
priced properties are getting multiple offers. Overpriced
properties are getting none.”
Brian Hickox, Keller Williams Realty
Franklin, Massachusetts

4. Pricing in a “Normal” Market
Above
Price (vs. Comps)
Out
of the
Market
In the
Market
Below
Great Poor
Condition (vs. Comps)
This Slide Courtesy Keller Williams Realty International, Mega
Agent Camp 2007

5. Pricing in a Seller’s Market
Above
Out
of the
Price (vs. Comps)
Market
In the
Market
Below
Great Poor
Condition (vs. Comps)
This Slide Courtesy Keller Williams Realty International, Mega
Agent Camp 2007

6. Pricing in a Buyer’s Market
Above
Price (vs. Comps)
Out
of the
Market
In the
Market
Below
Great Poor
Condition (vs. Comps)
This Slide Courtesy Keller Williams Realty International, Mega
Agent Camp 2007

7. Price A Final Look
Condition
This Slide Courtesy Keller Williams Realty International, Mega
Agent Camp 2007

8. Austin Market Analysis*
*Data Compiled from the
Austin Board of REALTORS MLS & Analyzed By
Dee Copeland, Texas Broker-Associate

9. 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 2007. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com

10. Current Trend Charts
*Data Compiled from the
Austin Board of REALTORS MLS & Analyzed By
Dee Copeland, Texas Broker-Associate

11. Austin Units Sold-Single Family Homes
1999
3100
2000
2900
2001
2700
2002
2500
2003
2300
2004
2100
2005
1900
2006
1700
2007
1500
1300
1100
900
700
500
r
y
e
r
r
ly
er
il
y
st
h
ay
be
be
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ar
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ar
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Fe
ep
D
N
S

12. Austin Units Sold-Condos & Townhomes
375
1999
350
2000
325
2001
300
2002
275
2003
250
2004
225
2005
200
2006
175
2007
150
125
100
75
50
25
0
r
y
e
r
r
ly
er
il
y
st
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ay
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ar
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ep
D
N
S

13. Greater Austin Sales Prices by Year
Single Family Homes and Condo/Townhomes
$270,000
SF Average
$250,000
SF Median
$230,000
Condo Average
$210,000
Condo Median
$190,000
$170,000
$150,000
$130,000
$110,000
$90,000
$70,000
$50,000
1999 2000 2001 2002 2003 2004 2005 2006 2007

14. Average Days on Market Single Family
Condo/Townhome
90
85
80
75
70
65
Average Days
60
55
50
45
40
35
30
25
1999 2000 2001 2002 2003 2004 2005 2006 2007

15. Market Reminders**
When a market shifts, the initial
downturn can feel shocking. The
market will often start to stabilize
within 3-6 months, depending on how
rapidly it appreciated.
Buyers should purchase during a
“buyer’s market”, when sellers will
be most realistic and willing to
provide incentives.
Austin sellers can sell within 60-90
days if they price aggressively, use
staging, and look better than any
other home on the market for the
price.
investors may want to adopt a rental
strategy since now is a better time to
buy than when home sales are “hot”.
**All Rights Reserved, Copyright Dee Copeland 2007. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com

16. 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

17. Greater Austin Quarterly Market Update
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THANK YOU
Feel free to contact us!
www.CopelandGroupRealty.com
Toll FREE 888-346-6389
Copeland Group @ Keller Williams Realty
Your Central Texas Experts
**All Rights Reserved, Copyright Dee Copeland 2007. Receive our Market Update NEwsletter at TexasRealEstateUpdate.com