Austin gains home sales momentum while national sales decline

Austin is bucking the national trends again as March 2009 official numbers come in. Nationally, 4,570,000 homes were sold in March, down from 4,940,000 home sold in March of 2008 and down from February 2009′s 4,720,000 homes sold in the US. Austin saw 1,511 homes sold in March of this year, down from last March’s 2,049, but gaining momentum from February 2009′s 1,174 homes sold. In short, while US numbers continue to decline, Austin’s numbers are gaining as our strong job and growth rate help to keep our local market stable. Watch for a post coming later this week on the stability of Austin’s market.

National Figures:
March 2008 – 4,940,000
February 2009 – 4,720,000
March 2009 – 4,570,000

Local Figures:
March 2008 – 2,049
February 2009 – 1,174
March 2009 – 1,511

National vs Austin Home Sales Volume

As always, Austin Real Estate Housing Statistics and Data are permanently available at Austin Home Pro as well on the Statistics page as well as our new data site.

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