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Greetings from the Home Action Team!
We are excited to present this months newsletter about Austin's " Red Hot" Real Estate market! You've no doubt heard the phrase "Timing is everything" and the information below suggests that the time is now, home values are up, supply is down and interest rates are at historic lows. If you or somebody you know has been considering a move, the time is now! Contact us for a complimentary consultation.
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AUSTIN HOME SALES' SIX-YEAR HIGH
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AUSTIN (Austin Board of Realtors) - December marked the 19th straight month of existing home sales volume increases, according to a report released by the Austin Board of Realtors (ABoR).
According to the report, 1,828 single-family area homes were sold in December 2012. That's 17 percent more than December 2011 and the most home sales in December since 2006.
Total dollar volume of single-family properties sold was $513 million, 35 percent higher than the same month last year.
The median price also increased to $210,000, which is 11 percent more than the same month in 2011. The market had 2.7 months of inventory, the city's lowest inventory in the last decade.
The market also had 1 percent fewer new listings, 22 percent fewer active listings and 24 percent more pending sales in December 2012 compared with the previous year.
 | | This Month in Real Estate (US) January 2013 |
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Austin Real Estate Statistics
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Featured Listing
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4202 N Summercrest Loop, Round Rock, Texas 78681
Bedrooms: 4
Baths: 2
SqFt.: 2,726
Year Built: 2000
Immaculate single story home with bonus room upstairs. Original Owners and well maintained!! Updated features throughout home with ceramic tile in main areas, carpet in bedrooms and bonus room, updated fixtures and designer paint. Large open concept floorplan, with 4 bedrooms down, mother-in-law plan. Texas Limestone exterior, large shade trees on oversized homesite. Feels like Home!!
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