The volume of home sales was up for the 14th straight month in July, according to figures released today by the Austin Board of Realtors. The number of sales was up 20 percent over last year, to 2,344.
Not only are more homes selling; they’re also selling at higher prices, and they’re selling faster. The median-priced home sold for $214,000 in July, up 9 percent. That's the sixth straight month that the median price has risen. And houses sold, on average, in only 63 days, down from 77 days in 2011.