Home sales in Central Texas were 31 percent higher in September compared with the same month last year, the Austin Board of Realtors reported recently. The median sales price ticked down 2 percent, to $189,000, the
Last month, the Austin region “saw its fourth straight month of year-over-year sales volume increases, and the third month in which those volumes outpaced 2010 by more than 30 percent,” said Judith Bundschuh, chairman of the Austin Board of Realtors. “In the midst of that growth, Austin-home values have remained stable.”
The board’s September report shows 1,681 home were sold, compared with 1,280 in September 2010. Listings were clown nearly 19 percent, with 8,490 homes on the market, compared with 10,453 in September 2010.
Pending sales were up 19 percent, with 1,638 homes in the pipeline to close this month.
Year-to-date, 14,862 homes were sold from January through September, 6 percent more than during the same period last year.