Overal 2007 homes sales were under compared to 2006 but they were still strong in comparison to past years.

Some stats provided the Austin Board of REALTORS®

25,151 homes were sold in 2007. That is 7% down from 2006

The median home price was $185,ooo in 2007. That is 6% up from 2006.

An Austin REALTOR® explained it well when he  said, “Sales are down a little bit, but it’s like coming off a sugar high. Anything compared to the very best isn’t going to seem as good”.

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