Median list prices for homes in the area hit $242,500, a 7.82 percent increase from the same month last year. The national median list price was $194,900, a 2.63 percent increase compared to last year.
Active inventory of homes for sale locally leveled out at 10,199, which is 15 percent less than July 2011; with national inventory at 1.9 million, a 19 percent drop from one year ago.
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The top most-searched real estate markets in Texas:
Realtor.com surveys up to 250 metro services area each month throughout the nation and monitors real estate trends.
Taken from: http://www.bizjournals.com/austin/news/2012/08/16/austin-among-most-searched-us-real.html