Shady Hollow Real Estate – Market Analysis Report March 2013

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The latest market analysis report of Shady Hollow real estate (February) shows continuous upwards momentum and a positive trend for home sellers as inventory remains historically low in Austin, Texas and in the Shady Hollow area.

Goldwasser Real Estate Agent David Schneider writes in his current newsletter:

I have completed my analysis of January’s sales and Austin has had another good month!  The numbers were actually astounding, for January year over year sales were up 33%.  Combine that with the success of December–We ended 2012 with a bang as we hit a six-year sales high for December.
 2012 ends with increased sales volume, stable prices and strong demand.

In addition, December marked the 19th straight month in a row of sales volume increases. February looks to be strong as well with low inventory sparking multiple offers in many areas.  That’s great news for the Austin Real Estate Market!  This is all before the start of the traditional selling season…if you were thinking about waiting, DON’T!!!!

January 2013 Highlights

  • •    1,402 – Single-family homes sold, 33 percent more than January 2012.•    $197,900 – Median price for single-family homes, 10 percent more than January 2012.

    •    71 – Average number of days single-family homes spent on the market, 14 days fewer than January 2012.

    •    2,252 – New single-family home listings on the market, one percent fewer than January 2012.

    •    4,947 – Active single-family home listings on the market, 25 percent fewer than January 2012.

    •    2,045 – Pending sales for single-family homes, 25 percent more than January 2012.

    •    2.5 – Months of inventory* of single-family homes, 1.6 months less than January 2012.

     

So if you have been thinking about selling your home this year, now is a good time for us to meet to discuss what needs to be done to get it ready. As I mentioned March is often been a strong launching month for the selling season. If you are interested, call me with the details on your home at (512) 638-6585, and I will be happy to provide a competitive market analysis of your home’s value. And remember that with the Goldwasser Advantage Home Selling System™, we are selling homes faster and for more money than all of the other major brokerages in Austin.

If you are thinking about buying a home, let’s take advantage of these low mortgage rates which have crept back up slightly to 3.54%, which is still an amazing rate. This will save tens of thousands of dollars over the life of your mortgage by buying today. Call me with your criteria so that I can set you up with a custom search of the Multiple Listing Service which will send you properties that meet your criteria as soon as they come on the market.

I hope you enjoy this newsletter. Please forward it to anyone you know who may be interested in learning more about the Austin Real Estate Market or who may be interested in my services. Also, my business depends on your referrals, so please send me the name and number of anyone you know who is looking to buy or sell a property so that I can take awesome care of them.

To get a customized market analysis of your property, please contact Goldwasser Real Estate agents Philip Myers (512) 567-9541 or David Schneider (512) 638-6585.

pixel Shady Hollow Real Estate   Market Analysis Report March 2013
Goldwasser Real Estate c/o Shady Hollow Austin
5929 Balcones Dr., Ste. 300 AustinTX78731 USA 
 • 512-567-9541

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