Last month, at the peak of the national economic crisis (so far), Austin home sales dropped 39% from last November, dropping from 1,805 units in 2007 to 1,086 today.
During the same one year period, the median sales price fell 2.9% from $185,200 to $179,900.
In looking at this data, it’s the sales volume that is the big news -- much more so than the small price drop.
From a volume perspective, last month was the weakest November in...
75% of 360 Units Sold in 3-Weeks
An incredible 75% of the 430 units in Novare Groups' 44-story 360 project are now under contract after just 3 weeks on the market. The units, which are mostly priced between $190K and $550K,...
Austin Luxury Market
The market for high-end homes has been one of the fastest growing segements in the Austin market. When you look at actual sales over the last few years, exceptional high-end homes near the...
Music + Film: SXSW 2012 Schedules Are Live
It seems that SXSW gets more organized every year - nearly a month in advance, version one of the massive SXSW Super Grid showing all panels, talks, films, and band showcases is now up for...
FREE Silk Scarf Including Shipping For New Sneakpeeq Members
Here?s a great offer for new members joining Sneakpeeq! Today you can get a beautiful Silk Scarf, with FREE shipping! (via Austin Couponing)
The Intergalactic Nemesis on Conan Last Night
For those of you who were too busy enjoying expensive dinners and gallivanting around the city drinking bubbly and, well, doing other things, to see Intergalactic Nemesis on Conan last night,...
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