March 2015 Austin

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    Hello!Austin Real Estate News---------------------------------------------------------

    AUSTIN, Texas February 20, 2015 The Austin-area housing market startedthe year strong in January 2015, with single-family home prices reachingall-time highs for the month of January and home sales posting double-digitincreases according to the Multiple Listing Service (MLS) report releasedtoday by the Austin Board of REALTORS. This marks the fth-straight month

    of annual home sales increases and the fourth-straight month of double-digitgains in home prices, as housing affordability continues to be a challenge inthe Austin market.

    Austin-area monthly housing inventory was 2.2 months in January 2015, 0.2months higher than January 2014 but still well below the 6.5-month inventorylevel the Real Estate Center at Texas A&M University cites as a balancedhousing market.

    Active listings in January 2015 rose nine percent year-over-year to 5,005listings, while new listings increased one percent to 2,360 listings from January2014. Austin-area homes spent the same time on the market as January 2014,

    or an average of 63 days, and pending sales increased four percent to 2,026sales during the same time frame.

    January 2015 Statistics

    1,547 Single-family homes sold, 11 percent more than January 2014.

    $240,000 Median price for single-family homes, 13 percent more thanJanuary 2014.

    $310,187 Average price for single-family homes, 14 percent more thanJanuary 2014.

    63 Average number of days single-family homes spent on the market,unchanged from January 2014.

    2,360 New single-family home listings on the market, one percent morethan January 2014.

    5,005 Active single-family home listings on the market, nine percentmore than January 2014.

    2,026 Pending sales for single-family homes, four percent more thanJanuary 2014.

    2.2 Months of inventory* of single-family homes, 0.2 months more than

    January 2014.

    $479,859,289 Total dollar volume of single-family properties sold, 27percent more than January 2014.

    In the News:

    Austin Real Estate MarketLifted by Big Tech (as Long as It

    Avoids Bubbles)

    Riverview apartments hit themarket; investment sales ontorrid pace

    House rental rates rising inAustin, across the country

    Mega-development underway in

    Georgetown; Four-star hotel ontap

    Titan, Guggenheim turn dirtfor South Austin senior livingcommunity

    Keep Up With

    Better Homes and

    Gardens Real Estate

    Bradfeld Properties

    -----------------------------

    -----------------------------------------------------------------------------------------On the Market

    281 Bluff StreetBuda, TX 78610

    $339,950

    235 Lexington DriveAustin, TX 78737

    $280,000

    111 Sycamore StreetGeorgetown, TX 78633

    $287,000

    10217 Andora DriveAustin, TX 78717

    $285,000

    114 Floating Leaf DriveHutto, TX 78634

    $242,500

    12621 James Polk StreetManor, TX 78653

    $158,000

    -----------------------------------------------------------------------------------------Better Homes and Gardens: Staging Your Kitchen

    For more lifestyle and homeimprovement videos, visit theBetter Homes and Gardens RealEstate YouTube Channel here.

    Staging Your Kitchen

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