Shady Hollow Real Estate – Market Analysis Report November 2011

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The latest market analysis report of Shady Hollow real estate (November 2011) shows a distinct upwards trend for home sellers (and buyers) in Austin, Texas.

Goldwasser Real Estate Agent Philip Myers writes in his current newsletter:

I have completed my analysis of October’s sales and Austin has had another good month! Sales were up 19% from 2010, and homes are selling 10 days faster than this time last year. Couple that with a much lower inventory and prices moving upward, and you have a steadily improving real estate market for Austin.

October Market Highlights

  • 1,455 – Single-family homes sold, 19 percent more than October 2010.
  • $189,720 – Median price for single-family homes, three percent less than October 2010.
  • 82 – Average number of days that single-family homes spent on the market, 10 days less than October 2010.
  • 2,186 – New single-family home listings on the market, two percent less than October 2010.
  • 7,926 – Active single-family home listings on the market, 18 percent less than October 2010.
  • 1,615 – Pending sales for single-family homes, 15 percent more than October 2010
  • 5.0 – Months of inventory of single-family homes, 1.4 months less than October 2010
  • $368,237,220 – Total dollar volume of single-family properties sold, 16 percent more than October 2010.

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 last month, December has often been my best month. If you are interested, call me with the details on your home at (512) 567-9541, 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 above 4%, 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.

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