January home sales down 36% in Austin

From Austin Business Journal, February 19, 2009...

Single-family home sales and median home prices in the metro area both fell in January, compared with the same month last year, according to a report from the Austin Board of Realtors.

In January, 834 single family homes sold, a 36 percent decrease from January 2008. Median home prices for the month were $175,500, down 6 percent from the same period last year, and roughly equivalent to the median price in January 2007, which was $175,000.

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