Welcome to Market View – Austin, brought to you by PropertyInfo Corporation, a Stewart company.
REALTORS® are always on the go, so mobile access to market information is a must. PropertyInfo has developed Market View – Austin to make sales trend information, based on MLS sales, available to you as a local professional.
Market View – Austin is exclusively for active members of the Austin (TX) Board of REALTORS®, and provides mobile access to market data to assist REALTORS® as they serve their clients. If you are not a member of the Austin Board of REALTORS® and would like to learn about real estate in the Austin market, please contact the Austin Board at www.abor.com.
WHAT YOU GET
Market View – Austin allows you to select MLS areas to retrieve valuable information about average and median list price, sold price, improved square feet, and more so you can spot trends that help you with your next listing or sale. Information is conveniently arranged and easily accessed with a touch of the screen. Now, wherever you are, you can retrieve valuable statistics to respond to client requests or make sense of important data.
Members of the Austin Board of REALTORS® may purchase and use this convenient application for the Apple® iPhone® or iPod touch® and receive monthly updates for one full year for only $6.99. At the end of that year, simply purchase and download a new edition from the Apple Store.
TIPS FOR EFFECTIVELY USING THE STATISTICS FOUND IN MARKET VIEW - AUSTIN
The statistics in this app can be very helpful but remember, one month’s information is just a snapshot. This is why we have included graphs of home sales over time to give you a better idea of trends. Home sales can fluctuate month to month for a variety of reasons, and changes do not always indicate a trend. It is best to use these statistics in conjunction with your own knowledge and experience about the real estate market in your area.
Statistics can be very effective in helping sellers list their homes at an appropriate market price and helping buyers know what an appropriate offer would be. If homes sales or prices are on their way down, you may be in a softening market, making it all the more important to price the home correctly the first time.
MEAN AVERAGE VS. MEDIAN AVERAGE
Sometimes, statistics can be misleading. In a small sampling, an average sales price may be skewed by a few very large sales. If you are seeking the mid-point, look at the median sales price – that’s the price where half the sales are above and half are below. Of course, no matter what data you make use of, use your knowledge of the market to better understand the nature of the information.
Market View – Austin also presents the data in price ranges. Breaking statistics down into a meaningful price range can give you a good picture of what might happen with the particular home you’re selling, so you can see where the action is.
If you’d like a little more assistance on how to best use the information available through Market View, please contact us at firstname.lastname@example.org, and someone will contact you.