What does Austin real estate news market data look like now? According to the Austin Board of REALTORS® (ABoR), February Central Texas Housing Report closed listings increased 11.3% year over year to 2,581 sales across the Austin-Round Rock MSA last month. Combined with a new record median price, which rose 27.9% year over year to an all-time high of $499,995, 2022 is shaping up to be a big year for the MSA’s housing market.
When is the best time to buy a home in Austin? It was yesterday. When is the best time to sell? It is today. Austin real estate and every other market always operate in a constant state of looking in the rearview mirror. We use the past to predict the future, to value the present, and use it to reflect on what might have been. The constant state of reflection and prediction makes it hard to actually stay in the present whether you are a buyer or a seller. Continue reading
What does the Austin real estate market look like? The Austin-Round Rock MSA housing market in January experienced an overall decline in closed sales compared to January 2021 as the number of closed listings fell 5.8% to 2,295, according to the Austin Board of REALTORS® latest Central Texas Housing Report.