Austin Housing Supply Overview - September 2011

Housing Supply Overview
A RESEARCH TOOL PROVIDED BY THE AUSTIN BOARD OF REALTORS
September 2011
Quick Facts
+ 16.9%
+ 10.8%
+ 5.7%
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.
Current as of October 10, 2011. All data from ABOR Multiple Listing Service. Powered by 10K Research and Marketing.
Pending Sales
A count of properties on which offers have been accepted. Based on a rolling 12-month total.
By Price Range
9-2010
5,258
5,047
By Square Feet
9-2011
4,764
5,869 5,777
4,800
4,228
4,204
5,258
4,505
5,658
9-2010
6,146
9-2011
6,486
3,678
3,168
1,969
2,186
568
+ 15.0%
$125,000 and Below
- 4.0%
+ 0.8%
+ 7.2%
+ 11.0%
664
- 1.6%
+ 16.9%
$125,001 to $175,000 $175,001 to $250,000 $250,001 to $400,000 $400,001 to $750,000
All Properties
3,509
$750,001 and Above
+ 7.6%
+ 5.5%
+ 10.8%
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
9-2010
9-2011
Change
9-2010
9-2011
Change
9-2010
9-2011
Change
$125,000 and Below

$125,001 to $175,000
3,678
5,258
4,228
5,047
+ 15.0%
- 4.0%
2,999
4,723
3,670
4,552
+ 22.4%
- 3.6%
673
533
555
492
- 17.5%
- 7.7%
$175,001 to $250,000
4,764
4,800
+ 0.8%
4,344
4,369
+ 0.6%
418
429
+ 2.6%
$250,001 to $400,000
4,204
4,505
+ 7.2%
3,894
4,138
+ 6.3%
307
365
+ 18.9%
$400,001 to $750,000
$750,001 and Above
All Price Ranges
1,969
568
20,441
2,186
664
21,430
+ 11.0%
+ 16.9%
+ 4.8%
1,859
551
18,370
2,050
643
19,422
+ 10.3%
+ 16.7%
+ 5.7%
108
17
2,056
135
21
1,997
+ 25.0%
+ 23.5%
- 2.9%
By Square Feet
9-2010
9-2011
Change
9-2010
9-2011
Change
9-2010
9-2011
Change
1,500 sq. ft. and Below
5,869
5,777
- 1.6%
4,313
4,320
+ 0.2%
1,545
1,452
- 6.0%
1,501 to 2,000 sq. ft.
5,258
5,658
+ 7.6%
4,909
5,288
+ 7.7%
349
370
+ 6.0%
2,001 to 3,000 sq. ft.

All Square Footage
6,146
3,168
20,441
6,486
3,509
21,430
+ 5.5%
+ 10.8%
+ 4.8%
5,996
3,152
18,370
6,322
3,492
19,422
+ 5.4%
+ 10.8%
+ 5.7%
148
14
2,056
159
16
1,997
+ 7.4%
+ 14.3%
- 2.9%
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
9-2010
By Square Feet
9-2011
125
94
78
+ 28.7%
80
83
90
85
59
95
82
75
65
70
61
58
$125,000 and Below
82
79
9-2011
126
76
75
9-2010
+ 28.6%
+ 17.2%
+ 3.8%
- 5.4%
$125,001 to $175,000 $175,001 to $250,000 $250,001 to $400,000 $400,001 to $750,000
All Properties
+ 28.4%
+ 0.4%
$750,001 and Above
+ 20.4%
+ 9.2%
+ 0.8%
Below
ft.
ft.
Above
Single-Family Homes
Condos
By Price Range
9-2010
9-2011
Change
9-2010
9-2011
Change
9-2010
9-2011
Change
$125,000 and Below

$125,001 to $175,000
58
61
75
79
+ 28.7%
+ 28.6%
58
60
74
78
+ 27.3%
+ 30.4%
60
70
83
81
+ 39.4%
+ 15.5%
$175,001 to $250,000
70
82
+ 17.2%
68
81
+ 19.4%
88
87
- 0.7%
$250,001 to $400,000
80
83
+ 3.8%
77
81
+ 5.5%
113
100
- 11.9%
$400,001 to $750,000
$750,001 and Above
All Price Ranges
90
125
71
85
126
82
- 5.4%
+ 0.4%
+ 15.3%
89
126
70
84
125
81
- 5.4%
- 0.7%
+ 15.8%
108
86
78
97
134
88
- 10.4%
+ 55.7%
+ 12.1%
By Square Feet
9-2010
9-2011
Change
9-2010
9-2011
Change
9-2010
9-2011
Change
59
76
+ 28.4%
55
73
+ 33.8%
71
83
+ 17.2%
1,501 to 2,000 sq. ft.
65
78
+ 20.4%
62
77
+ 23.4%
103
97
- 5.4%
2,001 to 3,000 sq. ft.

All Square Footage
75
94
71
82
95
82
+ 9.2%
+ 0.8%
+ 15.3%
75
94
70
82
95
81
+ 9.4%
+ 0.5%
+ 15.8%
105
97
78
106
166
88
+ 0.8%
+ 70.2%
+ 12.1%
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
9-2010
By Property Type
9-2011
9-2010
9-2011
$397,900 $400,154
$185,195
$189,900
$190,000
$192,500
$165,000
$155,000
$230,000 $229,000
$165,000 $160,000
$130,000 $129,000
- 0.8%
- 0.4%
- 3.0%
1,501 to 2,000 sq. ft.
+ 0.6%
+ 2.5%
2,001 to 3,000 sq. ft. 3,001 sq. ft. and Above
All Properties
By Square Feet
+ 1.3%
All Properties
Single-Family Homes
Single-Family Homes
+ 6.5%
Condos
Condos
9-2010
9-2011
Change
9-2010
9-2011
Change
9-2010
9-2011
Change
$130,000
$129,000
- 0.8%
$129,950
$125,000
- 3.8%
$135,000
$145,000
+ 7.4%
1,501 to 2,000 sq. ft.
$165,000
$160,000
- 3.0%
$162,000
$158,000
- 2.5%
$234,000
$221,918
- 5.2%
2,001 to 3,000 sq. ft.
$230,000
$229,000
- 0.4%
$230,000
$227,000
- 1.3%
$293,000
$350,000
+ 19.5%
$397,900
$400,154
+ 0.6%
$397,000
$400,000
+ 0.8%
$667,250
$580,000
- 13.1%
All Square Footage
$185,195
$189,900
+ 2.5%
$190,000
$192,500
+ 1.3%
$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
9-2010
By Square Feet
9-2011
95.3%
93.7%
94.3%
92.7%
9-2010
9-2011
94.5%
93.5%
93.5%
93.7%
94.0%
92.9%
93.8%
92.1%
93.0%
90.1%
89.4%
93.2%
92.3%
92.2%
91.7%
88.0%
- 2.9%
$125,000 and Below
- 1.7%
- 0.8%
+ 0.2%
+ 1.0%
$125,001 to $175,000 $175,001 to $250,000 $250,001 to $400,000 $400,001 to $750,000
All Properties
- 2.0%
+ 1.6%
$750,001 and Above
- 1.6%
- 0.6%
+ 0.7%
Below
ft.
ft.
Above
Single-Family Homes
Condos
By Price Range
9-2010
9-2011
Change
9-2010
9-2011
Change
9-2010
9-2011
Change
$125,000 and Below

$125,001 to $175,000
92.7%
95.3%
90.1%
93.7%
- 2.9%
- 1.7%
92.2%
95.3%
89.8%
93.6%
- 2.6%
- 1.8%
95.0%
94.8%
91.9%
94.2%
- 3.3%
- 0.7%
$175,001 to $250,000
94.3%
93.5%
- 0.8%
94.4%
93.5%
- 0.9%
93.4%
93.4%
+ 0.1%
$250,001 to $400,000
93.5%
93.7%
+ 0.2%
93.5%
93.7%
+ 0.1%
92.6%
93.8%
+ 1.3%
$400,001 to $750,000
$750,001 and Above
All Price Ranges
92.1%
88.0%
93.7%
92.9%
89.4%
92.7%
+ 1.0%
+ 1.6%
- 1.0%
92.0%
87.8%
93.7%
92.9%
89.4%
92.7%
+ 1.0%
+ 1.8%
- 1.1%
93.8%
93.7%
94.2%
94.1%
91.1%
93.3%
+ 0.2%
- 2.8%
- 1.0%
By Square Feet
9-2010
9-2011
Change
9-2010
9-2011
Change
9-2010
9-2011
Change
94.0%
92.2%
- 2.0%
93.9%
91.8%
- 2.3%
94.5%
93.4%
- 1.1%
1,501 to 2,000 sq. ft.
94.5%
93.0%
- 1.6%
94.6%
93.0%
- 1.7%
93.3%
92.8%
- 0.5%
2,001 to 3,000 sq. ft.

All Square Footage
93.8%
91.7%
93.7%
93.2%
92.3%
92.7%
- 0.6%
+ 0.7%
- 1.0%
93.8%
91.7%
93.7%
93.2%
92.3%
92.7%
- 0.6%
+ 0.7%
- 1.1%
93.8%
91.0%
94.2%
93.2%
91.8%
93.3%
- 0.6%
+ 0.9%
- 1.0%
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
9-2010
2,945
2,156
By Square Feet
9-2011
2,712
2,076
3,441
2,067
$125,000 and Below
- 26.3%
- 23.8%
- 9.2%
2,317
2,764
2,310
845
- 30.2%
- 16.7%
$125,001 to $175,000 $175,001 to $250,000 $250,001 to $400,000 $400,001 to $750,000
All Properties
2,930
1,447
1,015
- 33.5%
3,194
2,402
1,593
1,567
- 27.3%
9-2011
3,838
2,816
1,957
9-2010
$750,001 and Above
- 27.5%
- 23.7%
- 16.4%
Below
ft.
ft.
Above
Single-Family Homes
Condos
By Price Range
9-2010
9-2011
Change
9-2010
9-2011
Change
9-2010
9-2011
Change
$125,000 and Below

$125,001 to $175,000
2,156
2,945
1,567
1,957
- 27.3%
- 33.5%
1,747
2,594
1,285
1,738
- 26.4%
- 33.0%
407
348
274
215
- 32.7%
- 38.2%
$175,001 to $250,000
2,816
2,076
- 26.3%
2,493
1,881
- 24.5%
316
190
- 39.9%
$250,001 to $400,000
2,712
2,067
- 23.8%
2,413
1,876
- 22.3%
292
187
- 36.0%
$400,001 to $750,000
$750,001 and Above
All Price Ranges
1,593
1,015
13,237
1,447
845
9,959
- 9.2%
- 16.7%
- 24.8%
1,465
962
11,674
1,337
791
8,908
- 8.7%
- 17.8%
- 23.7%
122
47
1,532
107
48
1,021
- 12.3%
+ 2.1%
- 33.4%
By Square Feet
9-2010
9-2011
Change
9-2010
9-2011
Change
9-2010
9-2011
Change
3,441
2,402
- 30.2%
2,381
1,727
- 27.5%
1,051
664
- 36.8%
1,501 to 2,000 sq. ft.
3,194
2,317
- 27.5%
2,863
2,100
- 26.7%
327
213
- 34.9%
2,001 to 3,000 sq. ft.

All Square Footage
3,838
2,764
13,237
2,930
2,310
9,959
- 23.7%
- 16.4%
- 24.8%
3,708
2,722
11,674
2,807
2,274
8,908
- 24.3%
- 16.5%
- 23.7%
121
33
1,532
115
29
1,021
- 5.0%
- 12.1%
- 33.4%
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
9-2010
By Square Feet
9-2011
9-2010
9-2011
10.5
21.4
15.3
9.7
7.0
- 36.8%
$125,000 and Below
- 30.8%
4.9
5.4
7.9
5.5
5.2
4.7
4.4
7.7
7.1
6.7
5.0
7.9
7.5
7.3
7.0
- 26.8%
- 28.9%
- 18.2%
$125,001 to $175,000 $175,001 to $250,000 $250,001 to $400,000 $400,001 to $750,000
All Properties
- 29.1%
- 28.8%
$750,001 and Above
- 32.6%
- 27.7%
- 24.5%
Below
ft.
ft.
Above
Single-Family Homes
Condos
By Price Range
9-2010
9-2011
Change
9-2010
9-2011
Change
9-2010
9-2011
Change
$125,000 and Below

$125,001 to $175,000
7.0
6.7
4.4
4.7
- 36.8%
- 30.8%
7.0
6.6
4.2
4.6
- 39.9%
- 30.5%
7.3
7.8
5.9
5.2
- 18.4%
- 33.1%
$175,001 to $250,000
7.1
5.2
- 26.8%
6.9
5.2
- 25.0%
9.1
5.3
- 41.4%
$250,001 to $400,000
7.7
5.5
- 28.9%
7.4
5.4
- 26.8%
11.4
6.1
- 46.1%
$400,001 to $750,000
$750,001 and Above
All Price Ranges
9.7
21.4
7.8
7.9
15.3
5.6
- 18.2%
- 28.8%
- 28.2%
9.5
21.0
7.6
7.8
14.8
5.5
- 17.2%
- 29.5%
- 27.8%
13.6
24.9
8.9
9.5
20.6
6.1
- 29.8%
- 17.3%
- 31.4%
By Square Feet
9-2010
9-2011
Change
9-2010
9-2011
Change
9-2010
9-2011
Change
7.0
5.0
- 29.1%
6.6
4.8
- 27.6%
8.2
5.5
- 32.8%
1,501 to 2,000 sq. ft.
7.3
4.9
- 32.6%
7.0
4.8
- 31.9%
11.2
6.9
- 38.6%
2,001 to 3,000 sq. ft.

All Square Footage
7.5
10.5
7.8
5.4
7.9
5.6
- 27.7%
- 24.5%
- 28.2%
7.4
10.4
7.6
5.3
7.8
5.5
- 28.2%
- 24.6%
- 27.8%
9.8
16.5
8.9
8.7
16.3
6.1
- 11.5%
- 1.1%
- 31.4%

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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

1,501 to 2,000 sq. ft.

2,001 to 3,000 sq. ft.

Days on Market Until 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

$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

2,001 to 3,000 sq. ft. 3,001 sq. ft. and Above

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

$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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