Austin Homes Sales Dive 27% In September

This may not be the best news in Austin Real Estate as Austin home sales fell 27 percent year-over-year in September, but the total sold so far in 2010 remained just slightly lower than the same period in 2009, the Austin Board of Realtors reported Wednesday.

The Multiple Listing Service data showed total homes sold in September fell to 1,274. Year-to-date, sales volumes were 14,014, down 1 percent from the same period in 2009.

“As we’ve seen the last few months, year-over-year comparisons have been artificially altered due to the timing of the homebuyer tax credits,” Austin Board of Realtors Chairman John Horton said. “Thus, year-to-date figures continue to be a more meaningful measure of our market this year.”

Read more: Austin homes sales dive 27% in September | Austin Business Journal