Homes For Sale or On Sale?

Austin homes for sale or on sale

Homes for Sale or on Sale?  There are two types of residential real estate on the market right now: homes for sale and others on sale. Pricing is a bit all over the place because homes don’t enter the market at the same time. Some were listed in May, others entered in August and more were placed on the market yesterday. The May market was very competitive and it’s also five months old. The May market doesn’t mean much today, and neither does June, July, or August for that matter. What matters is now which is why many home prices are decreasing.
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Austin Real Estate News October

Austin Real Estate

Austin real estate news market data for September showed the housing market continued to return to normal activity with more available supply and a softer appreciation of home price growth according to the latest Central Texas Housing Market Report released by the Austin Board of REALTORS®.   The median price grew by 5.6% year over year to $470,000, a record for the month of September for the Austin Round Rock metro area.  Active listings were the head turner as they were up 162.4% to 9,671 listings—the highest number in the MSA since July 2011. 

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