Single-family home sales in the Austin, Texas, area soared 25 percent in November from a year ago, the Austin Board of Realtors reported Wednesday.

Realtors reported that 1,589 homes were sold in the region in November.

From January through November 2004, 19,044 homes were sold in Central Texas. 2004 is the sixth consecutive year in which more than 18,000 homes have been sold in Austin. The Austin Board of Realtors projects that 2004 will be the first year for total homes sold to exceed 20,000.

In November 2004, the median price for a new home in Austin was $147,900 and the year-to-date median was $155,460. Economists predict the median home sales price in the Austin area to increase and continue to rise in the next five years as the economy regains strength.

The Austin Board of Realtorsis a non-profit, voluntary organization representing more than 6,000 licensed Realtorsin Central Texas.


What’s your opinion? Send your Letter to the Editor to

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription