The number of Austin homes sold in July showed a a significant decrease from June. The average sales price per square foot saw a moderate decrease, and the average list price per square foot displayed a slight increase. Furthermore, the average number of days for Austin homes to be active in the marketplace displayed a moderate increase.

In particular, sales of single family Austin homes saw a a significant decrease of 12.94% from 1020 to 888 residences sold from June to July of this year. The average sales prices showed essentially no change going from $334,036 to $332,916 . The average purchase prices per square foot for Austin properties displayed a slight increase of 1.00% to $141.24 . The average purchase price was 96.89% of the listed price, essentially no change from the preceding month. This percentage is indicative of just how much the advertised price was reduced as a way to make the sale. Nevertheless, the average number of days for Austin residences to generally be active on the market, from 62 to 65 for a moderate increase of 4.84%. As the amount of days a house is available decreases it is an indicator of the market place heating up, and listings selling more quickly.

As of Tuesday, August 23, 2011 you will find 3,447 Austin listings for sale. These Austin homes have been listed on the Austin real estate market place an average of 103 days with an average listing selling price of $536,628 or $173.14 per square foot. The current advertised Austin houses for sale average 2,660 square feet in size. The smaller the house generally the more the cost per square foot for houses in similar condition. This does not at all times remain true, particularly in the event you enter into the luxury home market with a number of custom features or top end end amenities. The advertised prices for listings presently available on the market range from a lower end of $34,900 to a top end of $12,000,000 . Requested sales prices range from a low of $27.12 to a top end of $3,082.32 per square foot. The median listed price per square foot for Austin houses for sale is $136.42 . Austin homes have been listed on the market anywhere from 0 to 1,323 days. To see actual listings visit