Market strong above $180K, weak below $180K

The average and median prices of homes sold in Austin rose in 2007, but numbers of sales declined. Here's the catch: sales of homes below $180,000 were weaker and homes above $180,000 were generally stronger from December 2006 to December 2007. Fewer sales in lower price categories pushed up the median and average, so it's impossible to say whether prices of individual homes rose, fell or stayed the same.