Austin Texas Real Estate News February 2025

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Central Texas real estate market January closed sales across the Austin-Round Rock-San Marcos MSA saw a slight increase year-over-year of 1.1% to 1,761 sales, according to the latest Central Texas Housing Report released by Unlock MLS. While shifts in affordability and inventory continue to shape the market, the rise in active listings–up 17.0% from last year–indicates increased opportunities for buyers shopping for a home.
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Austin Texas Real Estate News January 2025

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Sold homes in the Austin Texas real estate market, spanning the Austin-Round Rock-San Marcos MSA, saw a 2.5% increase in closings, year-over-year reaching 2,303 sold properties. The uptick indicates a positive sign for buyers and sellers as the market finds balance, according to the latest Central Texas Housing ReportContinue reading

Austin Texas Real Estate News December 2024

Closed home sales in the Austin Texas real estate market, spanning the Austin-Round Rock-San Marcos MSA, saw a 4.6% increase, year-over-year reaching a total of 2,130 sold properties. The uptick indicates a positive sign for buyers and sellers as the market continues to stabilize, according to the latest Central Texas Housing Report.  September’s lower mortgage rates and consistent sales activity earlier in the fall are cited reasons for the noted growth.  Continue reading

Austin Texas Real Estate News November 2024

Austin Real Estate Market News November

Austin Texas real estate active homes for sale across the Austin-Round Rock-Georgetown MSA increased 9.3% to 11,599 listings.  That brought the months of available inventory to 5.1 months of inventory, up 0.5 months more compared to October 2023, according to the latest Central Texas Housing Report.  The data coupled with the average close-to-list price ratio hovering at 92.7% indicates that buyers have more options to purchase a home they can afford in a high interest-rate environment while sellers still have some room to negotiate.  Continue reading

Austin Texas Real Estate News October 2024

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Austin Texas real estate sold homes across the Austin-Round Rock-Georgetown MSA decreased 2.6% year-over-year with 2,286 sales.  That left 5.9 months of available inventory, according to the latest Central Texas Housing Report.  Active listings increased 11.6% year-over-year. The median home price dropped by 6.6% to $425,000 indicating the region’s housing market is becoming more balanced, while still facing affordability challenges.  Continue reading

Austin Real Estate: September Market Update

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Austin real estate closed listings across the Austin-Round Rock-Georgetown MSA decreased 10.4% year-over-year with 2,591 sales.  That left 4.9 months of available inventory, according to the latest Central Texas Housing Report.  Active listings increased 15.4% year-over-year. The median home price dropped by 4.4% to $439,990 indicating more opportunity for buyers, though home prices need to decrease further to significantly impact sales growth across the region.
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Buyer’s Remorse: A Tale from the Wild West

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Buyer’s remorse is real. We experience it all of the time in little ways. You cheat on your preferred brand of shampoo because of a sale and regret it the first time you use it. Bought a new shade of lipstick and your life didn’t change the way you thought it would? Participated in the latest diet fad, and only lost money? You live, you learn, you reboot – most of the time.

In real estate, buyer’s remorse isn’t that easy to wipe from your memory. Continue reading