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The housing slowdown seems like its finally starting to creep into Austin. Sales in August were slower than last year.
Latest real estate market statistics for Southwest Austin, Texas, including average sales price, asking price, days on market, $ per square foot. These numbers represent single family (SFR) homes and condos. The percentage of homes on the market where the asking price has been reduced: 40.3%
Austin is the capital of the U.S. state of Texas and the county seat of Travis County. The city is the cultural and economic center of the Austin–Round Rock metropolitan area with a population of over 1.5 million. Austin was selected as the #2 Best Big City in "Best Places to Live" by Money magazine in 2006.