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.
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.
Austin real estate continued to set records as it closed out 2021. According to the December 2021 and Year-End Central Texas Housing Market Report released by the Austin Board of REALTORS® (ABoR), more homes were sold in the Austin-Round Rock MSA in 2021 than ever before, with residential home sales rising 2.5% year over year to 41,316 homes sold last year.
Austin Real Estate continues to full steam ahead into the new year. According to the Austin Board of REALTORS® (ABoR) November 2021 Central Texas Housing Report, the Austin-Round Rock MSA housing market remains on track for a record-breaking year, even as November units dipped a little. Home sales across the MSA dipped 4.9% to 3,215 across the Austin-Round Rock MSA. This occurred even as the housing market remains on track for a record-breaking year, with closed listings outpacing 2020 by 3.1% last month.
The Austin Housing Market sat frozen with much of Central Texas last week, as the city sat with no power, no water, and no clear end in sight. If you’ve never heard my accent before, you may not be aware that I am originally from the Northeast coast. Growing up on the border of New York and New Jersey, I am used to snow. I am used to several feet of snow, having to wait for a plow to come through my street and then through my driveway just to be able to go to work. Yes, we drive in the snow on the east coast, it happens too frequently not to. There is a difference between driving in snow and ice though, and certainly a difference in having a 4WD vehicle. Continue reading
The Austin real estate market continues to outpace itself. The Austin-Round Rock Metropolitan Statistical Area (MSA) closed 2020 by continuing to break records as housing market demand across Central Texas reached historic levels. Austin real estate market activity, according to the December 2020 and Year-End Central Texas Housing Market Report released by the Austin Board of REALTORS® (ABoR), a record-breaking 40,165 homes totaling $17,579,802,503 in sales volume were sold across the Austin area last year. Continue reading
Finding a single-family home, condo, or townhouse to buy in Austin right now is kind of like looking for toilet paper at your local grocery store. According to the November Central Texas Housing Report released by the Austin Board of Realtors®, the Austin-Round Rock Metropolitan Statistical Area (MSA) posted a record-breaking month of sales this November. Austin – RoundRock MSA home sales jumped 23.8% year over year to 3,397 sales, indicating no sign of slowing down heading into 2021.
Understand, houses are entering the market, new listings increased 5.7% to 2,762 listings, but active listings dropped 55.2% to 2,842 listings and pending sales increased 23.9% to 3,269 pending sales. Homes for sale in Austin are getting scooped and purchased up as soon as they hit the market due to the number of buyers out there.
For the first time ever, housing inventory dipped below one month across the five-county MSA, falling from 1.2 months year over year to 0.9 months of inventory. Continue reading