The Austin Real Estate Market Report December 2015 results are in! Every month the Austin Board of Realtors releases the latest in the Austin Real Estate Market to it’s Realtors and I am going to share them with you month after month!
According to Abor.com, 2015 sets all-time high for Austin-area home sales volume, prices. Austin-area single-family home sales and prices set all-time records in 2015, as well as records for the month of December 2015, according to the December 2015 and Year-End 2015 Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®.
December 2015 Statistics
- 2,390 – Single-family homes sold, five percent more than December 2014.
- $270,000 – Median price for single-family homes, 10 percent more than December 2014.
- $348,904 – Average price for single-family homes, 13 percent more than December 2014.
- 57 – Average number of days single-family homes spent on the market, one day more than December 2014.
- 1,646 – New single-family home listings on the market, six percent more than December 2014.
- 5,214 – Active single-family home listings on the market, three percent more than December 2014.
- 1,601 – Pending sales for single-family homes, one percent less than December 2014.
- 2.2 – Months of inventory* of single-family homes, unchanged compared to December 2014.
- $833,880,560 – Total dollar volume of single-family properties sold, 19 percent more than December 2014.