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NAR Austin housing market 1Q 2015NAR Austin housing market 1Q 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=6382015-06-22T21:12:00Z2015-06-23T09:00:00Z

AUSTIN - First quarter 2015 housing data have been released for the Austin market by the National Association of Realtors.

Included in the report are housing affordability, drivers of local demand and new housing construction.

NAR Austin Housing Market 1Q 2015
Price Activity Austin U.S. Local Trend
Current Median Home Price (1Q 2015) $249,100 $203,867 Prices are up from a year ago,
but price growth is slowing.
1-year (4-quarter) Appreciation (1Q 2015) 10.2% 6.7%
3-year (12-quarter) Appreciation (1Q 2015) 28.8% 28.8%
3-year (12-quarter) Housing Equity Gain* $55,700 $45,533 Gains in the last 3 years have
extended the trend of positive
price growth after the recession.
7-year (28 quarters) Housing Equity Gain* $64,600 $5,333
9-year (36 quarters) Housing Equity Gain* $81,900 -$13,067


*Equity gain reflects price appreciation only.

See Austin's full report by NAR Regional Real Estate Market 1Q 2015 (PDF). Scroll down for previous quarterly reports.

Be sure to link Austin NewsTalk and Austin Market Research to your own website or blog.

Prudential Ada, Realtors®
Austin-Round Rock
Housing
http://sweethomeamarillo.housingtrendsenewsletter.com/Metropolitan-Housing-Market-ReportsRead more at {Source}

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