According to the ABOR, home prices are up 13% in January from last year. Other highlights included are:

• 1,547 homes sold

• 54 percent of those homes were priced between $200,000 and $500,000

• 35 percent of those homes were priced for less than $200,000, considered affordable for many households

• 63 days on the market for single family homes, the same as a year ago.

• 2,360 new home listings, 1 percent more than a year ago.

• 5,005 active single family home listings, 9 percent more than a year ago.

• 2,026 pending single family home sales, 4 percent more than a year ago.

• $479,859,289 total volume, 27 percent more than a year ago.

• 135 condos and townhomes sold, 30 percent less than a year ago.

• $218,250 median price for condos and townhomes, 4 percent more than a year ago.

Give Terry a call if you are buying or selling a home in this hot real estate market in Austin!

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