2013: Austin home sales hit all-time high2013: Austin home sales hit all-time highhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=51972014-01-22T15:12:00Z2014-01-22T14:00:00Z

AUSTIN - The local housing market set a new record in 2013 as sales topped 27,000 — the highest number ever. According to the Austin Board of Realtors, 27,298 home sales were recorded in Central Texas last year, a 19 percent increase over 2012 when there were 22,946 sales.

The previous record was set in 2006, with 26,958 sales. The median sales price in 2013 rose to $223,890, which was 9 percent higher than the 2012 median.

The Austin Board of Realtors also reported December’s monthly home sales volume, which at 2,080 single-family home sales was the most on record for a December and a 14 percent increase over December 2012.

The inventory of available homes dropped to an all-time low in December, with just a two-month supply at the current sales pace. December’s median came in at $226,000, up 8 percent from the prior December.

See ABoR: Austin region home sales Dec. 2013 for more stats.

Austin American-Statesman
Austin-Round Rock
http://www.statesman.com/news/business/austin-area-home-sales-hit-all-time-high-in-2013/ncr2m/Read more at {Source}

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