Austin Real Estate Market News

The Austin real estate market news continues to tell the tale of rising homes prices, little inventory, and who’s moving to town. It is never a dull moment in this town and there is always an answer to ‘what’s next?  Continue reading

Austin Real Estate News for March

Austin real estate in March continues to tell the tale of what happens to the housing market when supply and demand drastically become out of balance. According to a recent article from the National Association of Realtors, the market nationally needs about $2.7 million homes to level out. That’s not only a lot of homes but considering there is a lumber shortage, even new home production cannot adequately make up the deficit. Continue reading

Austin Real Estate News l January Home Sales jump 23.9%

Austin Home SalesAUSTIN, Texas – Austin-Round Rock MSA home sales jumped 23.9% to 2,523 sales in January, according to the latest Central Texas Housing Market Report by the Austin Board of REALTORS® (ABoR).

Austin continues to turn heads with its newsworthy headlines showing the upward trend in prices and the continuous downward trend in inventory.

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Austin Real Estate Continues to Outpace Itself

Austin Round Rock December 2020 Real Estate Housing statisticsThe 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

Austin home sales continue to soar

AUSTIN, Texas—According to the latest Central Texas Housing Market Report released by the Austin Board of REALTORS® (ABoR), the Central Texas housing market continues to exhibit strength despite economic challenges and shrinking housing inventory. In September, home sales across the Austin-Round Rock MSA soared 31.5% year over year to 3,892 sales. Historically this time of year home sales are slower, but because of decreased activity during the shelter-in-place orders due to the COVID-19 pandemic, the summer selling season extended into September. Continue reading

Austin Real Estate Housing Market Update for August 2020

AUSTIN, Texas— Moving to Austin? As the summer real estate market season comes to a close, the Austin Board of REALTORS® (ABoR) latest Central Texas Housing Market Report indicates the Austin-area housing market continues to exhibit strength, despite economic setbacks amid the ongoing pandemic. The Austin-Round Rock MSA posted robust gains this August, as home sales experienced a double-digit increase of 12.9% year over year to 4,019 sales. Continue reading

The Austin Housing Market Continues to Rise

Austin Skyline in 2020AUSTIN, Texas—According to the latest Central Texas Housing Market Report released by the Austin Board of REALTORS® (ABoR), the Austin-Round Rock Metropolitan Statistical Area (MSA) continues to exhibit resiliency in the face of COVID-19. The MSA posted its second consecutive month of strong home sales numbers with a 21.5% increase in July sales year over year. The robust increase demonstrates the vital role real estate will play as the region begins its economic recovery from the COVID-19 pandemic.

Austin Home Sales Rise in Median Prices, Units and Dollars across MSA

In addition to the 21.5% jump to 4,537 home sales across the five-county MSA, the median price increased 10.7% to $353,000 and sales dollar volume also soared 36.7% to $2,037,152,035. Pending sales climbed 32.2% to 4,607 as new listings increased 13% to 4,767, while active listings dropped 32.4% to 5,309 due to demand. Continue reading