Austin Market Update 6.5.17



Austin is in a tight market still. Continued summer traffic along with investors wanting to purchase before the start of school are making 10-12% of the market go under contract each week. That means if it’s a desirable home, 35-40% of the homes that hit the market will go under contract in 30 days or less. If the home isn’t being priced right, it will sit and chase the market down. The first 7-10 days on market will be a tell tale sign on if the home is desirable to buyers in the current condition and price.




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