Thursday, September 2nd, 2010

Statistics

Real estate is local by nature and the best consumer is an educated one. If you’re a numbers person like I am, you’ll enjoy seeing the facts of the market in number form to pass your own judgment on when it’s a safe time to buy. Of course, Austin historically has a growth rate of at least 4%/year, even in these times. I compile my data from the Texas A&M Real Estate Center, the Austin Board of REALTORS®, the National Association of REALTORS®, and the US Census Bureau.

NOTE: The most recent figures available to anyone are 1-2 months back… MLS & other data is typically released 3.5 weeks after the end of the month. For example, October numbers will be released at the end of November. This site is updated as data becomes available.




THE MOST ACCURATE REAL ESTATE STATISTICS OUT THERE

I’ve received emails about how my graphs look differently that Zillow’s/Trulia’s, and believe me, those websites’ notoriously inaccurate and incomplete information can be the bane of my existence. My promise to you is that this data is the absolutely most complete and accurate data out there! While other websites use error-ridden tax data & user-submitted listing data, my data combines sales from the national, state, and local MLS systems as well as builder associations and is compiled by the esteemed Real Estate Center at Texas A&M University. Addiitonally, you may see data from Austin Board of Realtors®, Texas Association of Realtors®, National Association of Realtors® (and related MLS systems), Austin Chamber of Commerce, the US Census Bureau, and the US Bureau of Labor and Statistics.

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