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In business in Austin since 1987, Robert Powell of Powell Properties Real Estate of Austin has been helping prospective buyers, sellers, and investors in real estate. He is a member of the National Association of Realtors, the Texas Associations of Realtors, and the Austin Board of Realtors.
I specialize in working with investment buyers as well as home buyers. I have a BS degree in Chemistry with a minor in Business. I am well versed in business law, contract negotiations, and business management. As a full service Broker and Realtor, I will support you from the beginning to the end of your real estate transaction. I do more than just find you a property. I am also well versed in calculating rates of returns, understanding mortgage loan requirements, and helping you avoid any legal and contractual pitfalls. When I work for you, I put your interests ahead of everyone else's, whether I am finding you a home or whether I am selling your home. I do not employ other realtors so your service will always be personalized.
Enjoy the site and take advantage of the links to the many attractions Austin has to offer. If you are looking for a broker with integrity to help you with your first purchase, or you are a seasoned buyer who seeks impeccable representation, you have come to the right place.
To contact me, write an e-mail to: info@powellpropertiesaustin.com or call me at 512-921-1155. Powell Properties is proud to serve the Austin, TX area and will make your search for a home or an investment, a pleasant experience.
LATEST AUSTIN NEWS….
Area Market Statistics
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Austin area home sales up in December; 2009 year-end down slightly from 2008
Austin Board of REALTORS® releases December 2009 and year-end real estate statistics
January 20, 2010 - According to the Multiple Listing Service report by the Austin Board of REALTORS®, the volume of Austin area home sales in December 2009 was 1,373, up five percent from the same month in 2008. The median price of real estate in the Austin area also showed an increase, up six percent from December 2008 to $194,000.
“We saw dramatic increases in sales volume in October and November 2009, which were presumably related to the original deadline for the first-time homebuyer tax credit,” explained John Horton, 2010 Chairman of the Austin Board of REALTORS®. “However, increases in sales volume beyond November and figures that have improved steadily throughout the year indicate that, while some demand was driven by the tax credit deadline, a sustainable recovery is also underway in the real estate market.”
Year-end real estate totals for 2009 showed improvement in sales volume and stability in home prices over the course of the year. In 2009, 19,005 homes were sold in the Austin area, a six percent decrease from 2008. The median price for the region in 2009 was $188,480, down one percent from 2008. The six percent decline in year-end home sales for Central Texas marks a significant improvement when compared to the double-digit decreases in home sales seen in the first quarter of 2009.
December 2009 Statistics
- $358,863,756 – Total dollar volume of single-family properties sold, an 11 percent increase from December 2008.
- $194,000 – Median price for single-family homes, a six percent increase from December 2008.
- 1,373 – Single-family homes sold, a five percent increase from December 2008.
- 8,079 – Active single-family home listings on the market, a five percent decrease from December 2008.
2009 Year-End Totals
- $4,612,315,236 – Total dollar volume of single-family properties sold, a nine percent decrease from 2008.
- $188,480 – Median price for single-family homes, a one percent decrease from 2008.
- 19,005 – Single-family homes sold, a six percent decrease from 2008.
- 9,335 – Active single-family home listings on the market, a five percent decrease from 2008.
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Austin, Texas Real Estate Graphs and Trends of Key Housing Parameters
The graphs and charts below are taken from raw data provided by the Austin Board of Realtors and the Texas A&M Real Estate Center. Manipulation of the raw data was done by Robert Powell. These charts are for single family homes only and cover the Austin metropolitan area and its adjacent counties. Charts are updated on a monthly basis.
Austin Median and Average Home Price Trends 2003-2010
Austin Home Prices per Square Footage Trends 2003-2010
Austin Home Inventory Trends 2003-2010
Austin Home Inventory Trends Based on Home Price Ranges 2007-2010
Austin Sales Trends Based on Home Price Ranges 2007-2010
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