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
Tag Archives: Austin Real Estate Market
Austin Real Estate: September Market Update
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.
Continue reading
Austin Real Estate: August Market Update
Austin real estate closed listings across the Austin-Round Rock-Georgetown MSA decreased 3.5% year-over-year with 2,652 sales. That left 5.1 months of available inventory, according to the latest Central Texas Housing Report. Active listings increased 20.3% year-over-year. While inventory is high, remember markets are local. Sales increased outside of Travis County enough to keep the median sales price to $450,000, the same month-over-month.
Continue reading
Austin Real Estate News and Housing Market Insights
AUSTIN, Texas —In June, closed listings across the Austin-Round Rock-Georgetown MSA decreased 13.4% year-over-year with 2,732 sales. That left 5 months of available inventory, the highest since 2011 according to the latest Central Texas Housing Report. Active listings increased 25.9% year-over-year. The amount of homes for sale coupled with elevated mortgage rates has tempered the median sales price to $450,000, a 6.3% reduction over June 2023.
Continue reading
Austin Real Estate Trends: More Options Give Buyers an Edge
AUSTIN, Texas —In May, closed listings across the Austin-Round Rock-Georgetown MSA decreased 12.8% year-over-year with 2,968 sales. That left 4.9 months of available inventory, which hasn’t been seen in 13 years according to the latest Central Texas Housing Report. Active listings ticked up 37.7% year-over-year. Because of this increase in available options, buyers have the power to be more selective when purchasing a home.
Continue reading
Spring Austin Real Estate Market: Sales Bloom
AUSTIN, Texas —In April, closed listings across the Austin-Round Rock-Georgetown MSA increased 5.9% to 2,708 sales, the highest year-over-year increase in residential homes sold this year, while the median home price rose 1.1% to $469,998. The data demonstrates that there is a collective sense of confidence and optimism in the housing market among both homebuyers and sellers according to the latest Central Texas Housing Report.
Continue reading
Austin Real Estate Market Shifts: More Homes, Buyer Options
Austin Real Estate News – In March, new home listings across the Austin-Round Rock-Georgetown MSA jumped to 4,714 new listings, 10.2% more than March 2023, leading to multiple markets reaching four months of inventory, according to the latest Central Texas Housing Report. The data indicates that homeowners have confidence in their ability to sell their homes for good value while buyers now have a larger selection of home options, helping to keep price growth flat.
Continue reading