Austin Housing Supply Overview - June 2011

Housing Supply Overview
A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS
June 2011
Quick Facts
+ 14.6%
+ 4.3%
- 6.1%
Price Range With

Strongest Sales:
Home Size With

Strongest Sales:
Property Type With

Strongest Sales:
$750,001 and Above
3,001 sq. ft. and Above
Single-Family
Pending Sales
Days on Market Until Sale
Median Sales Price
Percent of Original List Price Received
Inventory of Homes for Sale
Months Supply of Inventory
2
3
4
5
6
7
Click on desired metric to jump to that page.
All data from the ABOR Multiple Listing Service. Powered by 10K Research and Marketing. | 1
Pending Sales
A count of properties on which offers have been accepted. Based on a rolling 12-month total.
By Price Range
6-2010
By Square Feet
6-2011
6,493
6,474
5,901
5,407
5,272
4,805
3,847
4,533
4,381
3,997
6-2010
5,735
6-2011
6,204
5,407
4,290
3,232 3,372
1,971
2,121
562
+ 3.9%
$125,000 and Below
- 18.6%
- 14.0%
- 14.0%
$125,001 to $175,000 $175,001 to $250,000
+ 7.6%
- 16.7%
+ 14.6%
$250,001 to $400,000 $400,001 to $750,000
All Properties
644
$750,001 and Above
- 16.7%
- 4.2%
+ 4.3%
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
Single-Family Homes
Condos
By Price Range
6-2010
6-2011
Change
6-2010
6-2011
Change
6-2010
6-2011
Change
$125,000 and Below

$125,001 to $175,000
3,847
5,901
3,997
4,805
+ 3.9%
- 18.6%
3,117
5,309
3,459
4,359
+ 11.0%
- 17.9%
724
589
536
445
- 26.0%
- 24.4%
$175,001 to $250,000
5,272
4,533
- 14.0%
4,805
4,131
- 14.0%
466
400
- 14.2%
$250,001 to $400,000
4,381
4,290
- 2.1%
4,057
3,949
- 2.7%
321
340
+ 5.9%
$400,001 to $750,000
$750,001 and Above
All Price Ranges
1,971
562
21,934
2,121
644
20,390
+ 7.6%
+ 14.6%
- 7.0%
1,877
543
19,708
1,990
626
18,514
+ 6.0%
+ 15.3%
- 6.1%
92
19
2,211
131
18
1,870
+ 42.4%
- 5.3%
- 15.4%
By Square Feet
6-2010
6-2011
Change
6-2010
6-2011
Change
6-2010
6-2011
Change
6,493
5,407
- 16.7%
4,778
4,055
- 15.1%
1,704
1,348
- 20.9%
1,500 sq. ft. and Below

1,501 to 2,000 sq. ft.
5,735
5,407
- 5.7%
5,375
5,049
- 6.1%
360
358
- 0.6%
2,001 to 3,000 sq. ft.

All Square Footage
6,474
3,232
21,934
6,204
3,372
20,390
- 4.2%
+ 4.3%
- 7.0%
6,340
3,215
19,708
6,054
3,356
18,514
- 4.5%
+ 4.4%
- 6.1%
132
15
2,211
148
16
1,870
+ 12.1%
+ 6.7%
- 15.4%
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
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
6-2010
By Square Feet
6-2011
129
6-2010
6-2011
128
98
95
73
84
79
75
84
59
69
76
63
60
57
+ 28.5%
$125,000 and Below
82
82
78
95
82
+ 30.7%
+ 19.6%
+ 19.6%
$125,001 to $175,000 $175,001 to $250,000
- 11.5%
$250,001 to $400,000 $400,001 to $750,000
All Properties
+ 27.5%
- 1.0%
$750,001 and Above
+ 27.5%
+ 7.3%
- 3.1%
Below
ft.
ft.
Above
Single-Family Homes
Condos
By Price Range
6-2010
6-2011
Change
6-2010
6-2011
Change
6-2010
6-2011
Change
$125,000 and Below

$125,001 to $175,000
57
60
73
78
+ 28.5%
+ 30.7%
56
58
73
78
+ 29.7%
+ 33.4%
61
71
77
79
+ 26.0%
+ 11.7%
$175,001 to $250,000
69
82
+ 19.6%
67
81
+ 21.1%
86
92
+ 6.6%
$250,001 to $400,000
82
84
+ 1.4%
80
82
+ 3.1%
113
99
- 12.7%
$400,001 to $750,000
$750,001 and Above
All Price Ranges
95
129
71
84
128
81
- 11.5%
- 1.0%
+ 15.4%
94
130
70
83
128
81
- 11.2%
- 1.6%
+ 16.3%
120
94
79
92
116
86
- 23.4%
+ 23.6%
+ 9.0%
By Square Feet
6-2010
6-2011
Change
6-2010
6-2011
Change
6-2010
6-2011
Change
59
75
+ 27.5%
54
73
+ 35.3%
71
80
+ 12.0%
1,501 to 2,000 sq. ft.
63
79
+ 25.7%
60
77
+ 28.1%
102
104
+ 1.5%
2,001 to 3,000 sq. ft.

All Square Footage
76
98
71
82
95
81
+ 7.3%
- 3.1%
+ 15.4%
76
98
70
82
95
81
+ 8.2%
- 3.3%
+ 16.3%
117
114
79
92
160
86
- 21.3%
+ 40.2%
+ 9.0%
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
6-2010
By Property Type
6-2011
6-2010
6-2011
$408,380
$385,619
$183,500
$191,000
$188,000
$195,000
$165,000
$155,000
$229,900 $230,000
$164,250 $161,000
$131,500 $129,370
- 1.6%
1 500 sq.
sq ft.
ft and Below
1,500
+ 4.1%
- 2.0%
1 501 to 2,000
2 000 sq.
sq ft.
ft
1,501
2 001 to 3,000
3 000 sq.
sq ft.
ft 3,001
3 001 sq.
sq ft.
ft and Above
2,001
All Properties
By Square Feet
+ 3.7%
All Properties
Single Family Homes

Single-Family
Single-Family Homes
+ 6.5%
Condos
Condos
6-2010
6-2011
Change
6-2010
6-2011
Change
6-2010
6-2011
Change
$131,500
$129,370
- 1.6%
$130,000
$125,500
- 3.5%
$136,150
$144,217
+ 5.9%
1,501 to 2,000 sq. ft.
$164,250
$161,000
- 2.0%
$161,508
$159,000
- 1.6%
$236,250
$232,017
- 1.8%
2,001 to 3,000 sq. ft.
$229,900
$230,000
+ 0.0%
$228,197
$229,000
+ 0.4%
$299,000
$365,000
+ 22.1%
$385,619
$408,380
+ 5.9%
$385,000
$407,000
+ 5.7%
$694,500
$580,000
- 16.5%
All Square Footage
$183,500
$191,000
+ 4.1%
$188,000
$195,000
+ 3.7%
$155,000
$165,000
+ 6.5%
Percent of Original List Price Received

Percentage found when dividing a propertys 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
6-2010
By Square Feet
6-2011
6-2011
95.1%
95.8%
94.6%
94.5%
93.6%
6-2010
93.4%
93.3%
93.3%
93.4%
94.0%
92.8%
91.6%
92.8%
89.8%
89.2%
93.0%
92.1%
91.9%
87.6%
- 4.1%
$125,000 and Below
- 2.6%
- 1.2%
- 1.2%
+ 1.3%
- 2.8%
+ 1.8%
$125,001 to $175,000 $175,001 to $250,000 $250,001 to $400,000 $400,001 to $750,000
All Properties
91.4%
$750,001 and Above
- 2.8%
- 1.1%
+ 0.8%
Below
ft.
ft.
Above
Single-Family Homes
Condos
By Price Range
6-2010
6-2011
Change
6-2010
6-2011
Change
6-2010
6-2011
Change
$125,000 and Below

$125,001 to $175,000
93.6%
95.8%
89.8%
93.4%
- 4.1%
- 2.6%
93.3%
95.9%
89.6%
93.3%
- 4.0%
- 2.7%
95.1%
95.0%
91.6%
93.8%
- 3.7%
- 1.3%
$175,001 to $250,000
94.5%
93.3%
- 1.2%
94.7%
93.4%
- 1.4%
93.2%
93.2%
+ 0.0%
$250,001 to $400,000
93.3%
93.4%
+ 0.1%
93.4%
93.4%
- 0.0%
92.2%
93.6%
+ 1.5%
$400,001 to $750,000
$750,001 and Above
All Price Ranges
91.6%
87.6%
94.1%
92.8%
89.2%
92.5%
+ 1.3%
+ 1.8%
- 1.7%
91.5%
87.5%
94.1%
92.6%
89.0%
92.4%
+ 1.2%
+ 1.7%
- 1.7%
92.7%
89.4%
94.1%
94.8%
93.2%
93.1%
+ 2.2%
+ 4.3%
- 1.1%
By Square Feet
6-2010
6-2011
Change
6-2010
6-2011
Change
6-2010
6-2011
Change
94.6%
91.9%
- 2.8%
94.6%
91.6%
- 3.2%
94.5%
93.1%
- 1.6%
1,501 to 2,000 sq. ft.
95.1%
92.8%
- 2.4%
95.2%
92.8%
- 2.5%
92.9%
92.9%
- 0.0%
2,001 to 3,000 sq. ft.

All Square Footage
94.0%
91.4%
94.1%
93.0%
92.1%
92.5%
- 1.1%
+ 0.8%
- 1.7%
94.0%
91.4%
94.1%
92.9%
92.1%
92.4%
- 1.1%
+ 0.8%
- 1.7%
92.5%
86.7%
94.1%
93.5%
92.5%
93.1%
+ 1.1%
+ 6.7%
- 1.1%
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
6-2010
By Square Feet
6-2011
6-2010
6-2011
4,243
3,094
3,051
3,047
3,581
2,316
2,138
2,816
1,839
1,737
$125,000 and Below
- 24.1%
- 22.9%
3,344
- 22.9%
- 10.3%
3,142
2,647
1,012
- 21.4%
- 13.1%
$125,001 to $175,000 $175,001 to $250,000 $250,001 to $400,000 $400,001 to $750,000
All Properties
2,693
1,649
1,165
- 18.8%
3,368
2,402
2,384
$750,001 and Above
- 21.4%
- 21.2%
- 15.8%
Below
ft.
ft.
Above
Single-Family Homes
Condos
By Price Range
6-2010
6-2011
Change
6-2010
6-2011
Change
6-2010
6-2011
Change
$125,000 and Below

$125,001 to $175,000
2,138
3,051
1,737
2,316
- 18.8%
- 24.1%
1,706
2,647
1,370
2,034
- 19.7%
- 23.2%
428
399
357
279
- 16.6%
- 30.1%
$175,001 to $250,000
3,094
2,384
- 22.9%
2,708
2,078
- 23.3%
377
303
- 19.6%
$250,001 to $400,000
3,047
2,402
- 21.2%
2,694
2,150
- 20.2%
346
250
- 27.7%
$400,001 to $750,000
$750,001 and Above
All Price Ranges
1,839
1,165
14,334
1,649
1,012
11,500
- 10.3%
- 13.1%
- 19.8%
1,669
1,113
12,537
1,520
955
10,107
- 8.9%
- 14.2%
- 19.4%
164
47
1,761
124
51
1,364
- 24.4%
+ 8.5%
- 22.5%
By Square Feet
6-2010
6-2011
Change
6-2010
6-2011
Change
6-2010
6-2011
Change
3,581
2,816
- 21.4%
2,377
1,918
- 19.3%
1,189
889
- 25.2%
1,501 to 2,000 sq. ft.
3,368
2,693
- 20.0%
2,973
2,382
- 19.9%
390
308
- 21.0%
2,001 to 3,000 sq. ft.

All Square Footage
4,243
3,142
14,334
3,344
2,647
11,500
- 21.2%
- 15.8%
- 19.8%
4,078
3,109
12,537
3,196
2,611
10,107
- 21.6%
- 16.0%
- 19.4%
155
27
1,761
139
28
1,364
- 10.3%
+ 3.7%
- 22.5%
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
6-2010
By Square Feet
6-2011
6-2010
6-2011
25.7
11.6
9.6
19.5
7.7
6.4
6.5
6.9
6.3
6.6
+ 0.8%
- 14.0%
11.3
6.5
6.0
5.5
- 16.5%
$125,000 and Below
6.8
6.0
+ 0.3%
8.2
6.6
- 3.8%
9.4
6.9
- 3.8%
- 16.9%
$125,001 to $175,000 $175,001 to $250,000 $250,001 to $400,000 $400,001 to $750,000
All Properties
+ 0.8%
- 23.9%
$750,001 and Above
- 17.0%
Below
ft.
ft.
Above
Single-Family Homes
Condos
By Price Range
6-2010
6-2011
Change
6-2010
6-2011
Change
6-2010
6-2011
Change
$125,000 and Below

$125,001 to $175,000
6.5
6.0
5.5
6.0
- 16.5%
+ 0.3%
6.5
5.8
5.0
5.8
- 22.8%
+ 0.7%
6.9
7.8
8.4
7.7
+ 21.0%
- 1.1%
$175,001 to $250,000
6.8
6.6
- 3.8%
6.5
6.3
- 4.2%
9.6
9.6
+ 0.1%
$250,001 to $400,000
8.2
6.9
- 15.7%
7.8
6.7
- 14.3%
12.8
9.3
- 27.5%
$400,001 to $750,000
$750,001 and Above
All Price Ranges
11.3
25.7
7.7
9.4
19.5
7.0
- 16.9%
- 23.9%
- 8.7%
10.7
25.4
7.5
9.3
19.0
6.8
- 13.8%
- 25.3%
- 9.2%
23.7
21.2
9.4
11.1
26.8
9.1
- 53.2%
+ 26.9%
- 3.0%
By Square Feet
6-2010
6-2011
Change
6-2010
6-2011
Change
6-2010
6-2011
Change
6.4
6.5
+ 0.8%
5.8
5.9
+ 1.5%
8.2
8.2
+ 0.8%
1,501 to 2,000 sq. ft.
6.9
6.3
- 8.3%
6.5
6.0
- 7.6%
13.0
10.8
- 16.6%
2,001 to 3,000 sq. ft.

All Square Footage
7.7
11.6
7.7
6.6
9.6
7.0
- 14.0%
- 17.0%
- 8.7%
7.6
11.5
7.5
6.5
9.5
6.8
- 14.1%
- 17.2%
- 9.2%
14.0
16.2
9.4
11.3
14.8
9.1
- 18.9%
- 8.5%
- 3.0%

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Housing Supply Overview

A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS

Price Range With

Home Size With

Property Type With

$750,001 and Above

3,001 sq. ft. and Above

Click on desired metric to jump to that page.

$125,001 to $175,000 $175,001 to $250,000

$250,001 to $400,000 $400,001 to $750,000

$750,001 and Above

$125,000 and Below

1,500 sq. ft. and Below

2,001 to 3,000 sq. ft.

Days on Market Until Sale

$125,001 to $175,000 $175,001 to $250,000

$250,001 to $400,000 $400,001 to $750,000

$125,000 and Below

1,500 sq. ft. and Below

1,501 to 2,000 sq. ft.

2,001 to 3,000 sq. ft.

Median Sales Price

Single Family Homes

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 Square Footage

Percent of Original List Price Received

$125,001 to $175,000 $175,001 to $250,000 $250,001 to $400,000 $400,001 to $750,000

$750,001 and Above

$125,000 and Below

1,500 sq. ft. and Below

1,501 to 2,000 sq. ft.

2,001 to 3,000 sq. ft.

Inventory of Homes for Sale

$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

$125,000 and Below

1,500 sq. ft. and Below

1,501 to 2,000 sq. ft.

2,001 to 3,000 sq. ft.

Months Supply of Inventory

$125,001 to $175,000 $175,001 to $250,000 $250,001 to $400,000 $400,001 to $750,000

$125,000 and Below

1,500 sq. ft. and Below

1,501 to 2,000 sq. ft.

2,001 to 3,000 sq. ft.

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