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SqFt Listing Price LP/SqFt Selling Price SP/SqFt Days

High 10,483 $3,995,000 $1,155.63 $3,500,000 $842.04 510

Low 648 $50,000 $21.12 $43,000 $19.23 0

Average 2,226 $283,445 $122.25 $269,802 $116.71 77

Median 2,013 $203,900 $102.18 $198,000 $98.36 63

VACANT 455 56.95% NAME # SOLD % OF ALL

OWNER 327 40.93% Avery Ranch 20 2.50%

TENANT 18 2.25% Steiner Ranch 17 2.13%Circle C Ranch 11 1.38%

Milwood 10 1.25%

YES 107 13.39% Buttercup Creek 9 1.13%

NO 693 86.73% Highland Park 9 1.13%

Cherry Creek 8 1.00%

Pioneer Crossing 8 1.00%

# OF HOMES 355 44.43% Forest Creek 7 0.88%

$6,891 Village At Western Oaks 7 0.88%

$4,400

# OF HOMES 163 20.40% ZIP # SOLD % OF ALL

$1,681 78660 65 8.14%

$750 78613 64 8.01%

78641 41 5.13%78664 37 4.63%

# OF HOMES 469 58.70% 78748 34 4.26%

($26,784) 78665 32 4.01%

($15,000) 78681 31 3.88%

78759 28 3.50%

78745 27 3.38%

# OF HOMES 618 77.35% 78640 24 3.00%($18,350)

($9,000)

YEAR # SOLD % OF ALL

FROM TO # SOLD 2010 80 10.01%

799 homes sold between November 01 2010 and November 30 2010

AVERAGE

MEDIAN

MEDIAN

AVERAGE

MEDIAN

AVERAGE

MEDIAN

AVERAGE

Austin, Round Rock, Pflugerville, Cedar Park, Leander, West Lake Hills, Buda, Kyle

OCCUPANCY

TOP YEAR BUILT

TOP 10 SUBDIVISIONS

FORECLOSURE SALES

TOP 10 ZIP CODES

SELLER PAID CLOSING COSTS

REPAIR ALLOWANCE TO BUYER

PRICE DROP BEFORE RECEIVING OFFER

PRICE DROP AFTER RECEIVING OFFER

PRICE ANALYSIS BREAKDOWN

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New Listings 2

Pending Sales 3

Residential Sales ReportOctober 2010What can we say that we haven't said before? Newspapers warn of 

possible foreclosure moratoria, job growth is just barely in the black ink

and the midterm election cycle brought new leadership to Washington,

A free research tool from the Austin Board of REALTORS® brought to you by the unique data-sharing traditions of the REALTOR® community

Closed Sales 4Days On Market Until Sale 5

Median Sales Price 6

Average Sales Price 7

Percent of Original List Price Received at Sale 8

Housing Affordability Index 9

Housing Supply Outlook

All Residential Properties 10  Under $125,000  and $125,001 to $175,000  11

  $175,001 to $250,000  and $250,001 to $400,000  12

$400,001 to $750,000  and $750,001 and above 13

Market Overview 14

Annual Review 15

. uyers are s arme w access o c eap oans an s rong

negotiating power. Recovery continues to crawl forward nationally; let's

take a look at what's happening locally amid all this news.

Pending Sales in the Austin region decreased by 15.2 percent from last

October to arrive at 1,560. New Listings decreased by 16.0 percent to

land at 2,534 and the overall inventory of 12,489 increased by 21.3

percent.

 

Prices were one bright spot last month, as the Median Sales Price

increased by 7.3 percent, registering in at $192,000. Buyers were still

able to negotiate, though, as Percent of Original List Price Received at

Sale decreased by 2.8 percent to 91.1 percent.

Private companies added jobs for the first time since May but enough to

lower the stubbornly high 9.6 percent unemployment rate. Our recovery is

moving at a sloth's pace, but at least it's moving forward. A stronger labor 

market will drive new household formations and instill the confidence

needed for current homeowners to move up and for renters to consider 

ownership.

A free research tool from the Austin Board of REALTORS® brought to you by the unique data-sharing traditions of the REALTOR® community

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New ListingsA Monthly Indicator from the Austin Board of REALTORS® 

3,082 3,017

2,534

2008 2009 2010

October 

34,257 33,64635,588

2008 2009 2010

 Year to Date

One Year Change:

- 16.0%

Two Year Change:

- 17.8%

One Year Change:

+ 5.8%

Two Year Change:

+ 3.9%

3,082 3,017

2,534

2008 2009 2010

October 

34,257 33,64635,588

2008 2009 2010

 Year to Date

One Year Change:

- 16.0%

Two Year Change:

- 17.8%

One Year Change:

+ 5.8%

Two Year Change:

+ 3.9%

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

5,500

Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10

Historical Market Activity

New Listings Pending Sales Closed Sales

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Pending SalesA Monthly Indicator from the Austin Board of REALTORS® 

1,245

1,839

1,560

2008 2009 2010

April

20,09618,769

17,948

2008 2009 2010

January through April

1,245

1,839

1,560

October 

20,09618,769

17,948

 Year to Date

One Year Change:

- 15.2%

Two Year Change:

+ 25.3%

One Year Change:

- 4.4%

Two Year Change:

- 10.7%

1,245

1,839

1,560

2008 2009 2010

April

20,09618,769

17,948

2008 2009 2010

January through April

1,245

1,839

1,560

2008 2009 2010

October 

20,09618,769

17,948

2008 2009 2010

 Year to Date

One Year Change:

- 15.2%

Two Year Change:

+ 25.3%

One Year Change:

- 4.4%

Two Year Change:

- 10.7%

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10

Historical Market Activity

New Listings Pending Sales Closed Sales

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Closed SalesA Monthly Indicator from the Austin Board of REALTORS® 

1,443

1,969

1,251

2008 2009 2010

April

19,933

17,64316,988

2008 2009 2010

January through April

1,443

1,969

1,251

October 

19,933

17,64316,988

 Year to Date

- 36.5%

One Year Change:

- 3.7%

Two Year Change:

- 14.8%

One Year Change:

Two Year Change:

- 13.3%

1,443

1,969

1,251

2008 2009 2010

April

19,933

17,64316,988

2008 2009 2010

January through April

1,443

1,969

1,251

2008 2009 2010

October 

19,933

17,64316,988

2008 2009 2010

 Year to Date

- 36.5%

One Year Change:

- 3.7%

Two Year Change:

- 14.8%

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

5,500

Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10

Historical Market Activity

New Listings Pending Sales Closed Sales

One Year Change:

Two Year Change:

- 13.3%

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Days on Market Until SaleA Monthly Indicator from the Austin Board of REALTORS® 

70 72

87

2008 2009 2010

April

66

7571

2008 2009 2010

January through April

70 72

87

2008 2009 2010

October 

66

7571

2008 2009 2010

 Year to Date

One Year Change:

+ 21.8%

Two Year Change:

+ 24.2%

One Year Change:

- 6.2%

Two Year Change:

+ 7.5%

70 72

87

2008 2009 2010

April

66

7571

2008 2009 2010

January through April

70 72

87

2008 2009 2010

October 

66

7571

2008 2009 2010

 Year to Date

One Year Change:

+ 21.8%

Two Year Change:

+ 24.2%

One Year Change:

- 6.2%

Two Year Change:

+ 7.5%

50

60

70

80

90

Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10

Historical Days on Market Until Sale

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Median Sales PriceA Monthly Indicator from the Austin Board of REALTORS® 

$188,500$179,000

$192,000

2008 2009 2010

April

$188,820 $185,000 $189,000

2008 2009 2010

January through April

$188,500$179,000

$192,000

October 

$188,820 $185,000 $189,000

 Year to Date

One Year Change:

+ 7.3%

Two Year Change:

+ 1.9%

One Year Change:

+ 2.2%

Two Year Change:

+ 0.1%

Figures do not take into account seller concessions.

$188,500$179,000

$192,000

2008 2009 2010

April

$188,820 $185,000 $189,000

2008 2009 2010

January through April

$188,500$179,000

$192,000

2008 2009 2010

October 

$188,820 $185,000 $189,000

2008 2009 2010

 Year to Date

One Year Change:

+ 7.3%

Two Year Change:

+ 1.9%

One Year Change:

+ 2.2%

Two Year Change:

+ 0.1%

$140,000

$150,000

$160,000

$170,000

$180,000

$190,000

$200,000

$210,000

$220,000

Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10

Historical Median Prices

Figures do not take into account seller concessions.

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Average Sales PriceA Monthly Indicator from the Austin Board of REALTORS® 

$239,678$232,275

$257,771

2008 2009 2010

April

$244,934$236,019

$246,043

2008 2009 2010

January through April

$239,678$232,275

$257,771

October 

$244,934$236,019

$246,043

 Year to Date

One Year Change:

+ 11.0%

Two Year Change:

+ 7.5%

One Year Change:

+ 4.2%

Two Year Change:

+ 0.5%

Figures do not take into account seller concessions.

$239,678$232,275

$257,771

2008 2009 2010

April

$244,934$236,019

$246,043

2008 2009 2010

January through April

$239,678$232,275

$257,771

2008 2009 2010

October 

$244,934$236,019

$246,043

2008 2009 2010

 Year to Date

One Year Change:

+ 11.0%

Two Year Change:

+ 7.5%

One Year Change:

+ 4.2%

Two Year Change:

+ 0.5%

$175,000

$200,000

$225,000

$250,000

$275,000

$300,000

Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10

Historical Average Prices

Figures do not take into account seller concessions.

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Percent of Original List Price Received at SaleA Monthly Indicator from the Austin Board of REALTORS® 

92.9%93.8%

91.1%

2008 2009 2010

October 

94.6%

93.3% 93.6%

2008 2009 2010

 Year to Date

One Year Change:

+ 0.3%Two Year Change:

- 1.1%

The Percent of Original List Price Received at Sale is calculated bycomparing the final sales prices of closed sales to their original list prices.

This does not account for list prices from any previous listing contracts. Thesales price does not account for seller concessions.

One Year Change:

Two Year Change:

- 2.8%

- 1.9%

92.9%93.8%

91.1%

2008 2009 2010

October 

94.6%

93.3% 93.6%

2008 2009 2010

 Year to Date

One Year Change:

+ 0.3%Two Year Change:

- 1.1%

80.0%

85.0%

90.0%

95.0%

100.0%

Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10

Historical Percent of Original List Price Received at Sale

The Percent of Original List Price Received at Sale is calculated bycomparing the final sales prices of closed sales to their original list prices.

This does not account for list prices from any previous listing contracts. Thesales price does not account for seller concessions.

One Year Change:

Two Year Change:

- 2.8%

- 1.9%

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Housing Affordability IndexA Monthly Indicator from the Austin Board of REALTORS® 

134

159

137

2008 2009 2010

April

134

159

137

October 

One Year Change:

- 13.6%

Two Year Change:

+ 2.7%

The HAI formula measures housing affordability for the Austin Housing Market. An HAI of 120 means the median family income is 120% of the necessary income to qualify for themedian priced home using a 20% down, 30-year fixed rate mortgage.

134

159

137

2008 2009 2010

April

134

159

137

2008 2009 2010

October 

One Year Change:

- 13.6%

Two Year Change:

+ 2.7%

120

130

140

150

160

170

180

Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10

Historical Housing Affordability Index

The HAI formula measures housing affordability for the Austin Housing Market. An HAI of 120 means the median family income is 120% of the necessary income to qualify for themedian priced home using a 20% down, 30-year fixed rate mortgage.

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Housing Supply OutlookA Monthly Indicator from the Austin Board of REALTORS® 

Inventory of Active Listings

1,574

2,352 2,3872,238

1,359

947

368 300 296 287117 48

Up to $125,000 $125,001 to$175,000

$175,001 to$250,000

$250,001 to$400,000

$400,001 to$750,000

$750,001 andabove

Single-Family Condo-Townhouse9,519

1,1631,338

253

Single-Family Condo-Townhouse

Previously Owned

New Construction

Months Supply of Inventory

A market is considered balanced between buyers and sellers when there is roughly a 5- to 6-month supply of homes available for purchase.

7.5 7.4

8.4

6.96.5

10.0

7.4 7.2

8.7

All Single-Family Condo-Townhouse

Previously Owned

New Construction

All

1,574

2,352 2,3872,238

1,359

947

368 300 296 287117 48

Up to $125,000 $125,001 to$175,000

$175,001 to$250,000

$250,001 to$400,000

$400,001 to$750,000

$750,001 andabove

Single-Family Condo-Townhouse9,519

1,1631,338

253

Single-Family Condo-Townhouse

Previously Owned

New Construction

6.4 6.2 6.8 7.08.8

20.3

7.2 7.18.7

11.613.2

28.8

6.6 6.3 6.9 7.39.0

20.6

Up to $125,000 $125,001 to$175,000

$175,001 to$250,000

$250,001 to$400,000

$400,001 andabove

$750,001 andabove

Single-Family

Condo-Townhouse

All

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Housing Supply OutlookA Monthly Indicator from the Austin Board of REALTORS® 

Under $125,000Inventory Months Supply

1,864

1,506

358

78 6810

All Sin le-Famil Condo-Townhouse

Previously Owned

New Construction

6.5 6.4

7.47.9

9.1

4.1

All Single-Family Condo-Townhouse

Previously Owned

New Construction

$125,001 to $175,000Inventory Months Supply

1,864

1,506

358

78 6810

All Single-Family Condo-Townhouse

Previously Owned

New Construction

6.5 6.4

7.47.9

9.1

4.1

All Single-Family Condo-Townhouse

Previously Owned

New Construction

2,306

2,051

255346 301

45

All Single-Family Condo-Townhouse

Previously Owned

New Construction

6.4 6.3

7.4

5.6 5.7 5.5

All Single-Family Condo-Townhouse

Previously Owned

New Construction

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Housing Supply OutlookA Monthly Indicator from the Austin Board of REALTORS® 

$175,001 to $250,000Inventory Months Supply

2,301

2,066

235382 321

61

All Sin le-Famil Condo-Townhouse

Previously Owned

New Construction

7.2 7.1

8.3

5.65.1

10.5

All Single-Family Condo-Townhouse

Previously Owned

New Construction

$250,001 to $400,000Inventory Months Supply

2,301

2,066

235382 321

61

All Single-Family Condo-Townhouse

Previously Owned

New Construction

7.2 7.1

8.3

5.65.1

10.5

All Single-Family Condo-Townhouse

Previously Owned

New Construction

2,131

1,931

200

394307

87

All Single-Family Condo-Townhouse

Previously Owned

New Construction

7.4 7.1

11.3

6.76.0

12.3

All Single-Family Condo-Townhouse

Previously Owned

New Construction

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Housing Supply OutlookA Monthly Indicator from the Austin Board of REALTORS® 

$400,001 to $750,000Inventory Months Supply

1,2371,150

87

239 209

30

All Sin le-Famil Condo-Townhouse

Previously Owned

New Construction

9.0 8.8

12.1

8.98.3

18.0

All Single-Family Condo-Townhouse

Previously Owned

New Construction

$750,001 and aboveInventory Months Supply

1,2371,150

87

239 209

30

All Single-Family Condo-Townhouse

Previously Owned

New Construction

9.0 8.8

12.1

8.98.3

18.0

All Single-Family Condo-Townhouse

Previously Owned

New Construction

843815

28

152 132

20

All Single-Family Condo-Townhouse

Previously Owned

New Construction

19.6 19.7

16.8

29.4

25.5

0.0

All Single-Family Condo-Townhouse

Previously Owned

New Construction

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Annual ReviewA free research tool from the Austin Board of REALTORS® 

26,891

30,293

28,051

96.3% 96.8% 96.1%

April

$160,000$171,500

$184,000

96.3% 96.8% 96.1%

January through April

26,891

30,293

28,051

22,43720,905

Closed Sales

67

59 57

67

76Days on Market Until Sale

+ 12.7% - 7.4% - 20.0% - 12.8% - 2.4% + 17.1%- 6.8% + 12.5%

26,891

30,293

28,051

96.3% 96.8% 96.1%

April

$160,000$171,500

$184,000

96.3% 96.8% 96.1%

January through April

26,891

30,293

28,051

22,43720,905

2005 2006 2007 2008 2009

Closed Sales

67

59 57

67

76

2005 2006 2007 2008 2009

Days on Market Until Sale

$160,000$171,500

$184,000 $187,500 $185,000

2005 2006 2007 2008 2009

Median Sales Price

96.3%96.8%

96.1%

94.3%

93.4%

2005 2006 2007 2008 2009

Percent of Original List Price Received at Sale

+ 12.7% - 7.4% - 20.0% - 12.8% - 2.4% + 17.1%

+ 7.2% + 7.3% + 1.9%+ 0.5% - 0.7% - 1.8%

- 6.8% + 12.5%

- 1.3%- 1.0%

All data from the ABOR Multiple Listing Service. Reports are created and maintained by 10K Research and Marketing. 15