Austin real estate news market data for July showed the housing market continued to trend toward more normal and sustainable levels in July, according to the Austin Board of REALTORS® July 2022 Central Texas Housing Market Report. Median price grew by only 8% year over year to $515,000, a record for the month of July but the first-time home price growth has been in the single digits since June 2020. The
region’s housing inventory reached 2.7 months — the highest level of inventory since November 2018.
The real estate market doesn’t appear to be at base camp anymore. It’s climbed the mountain, possibly reached the summit, and now seems to be hanging out, smelling the remains of the May flowers. According to ABoR’s 
Sold in Kyle. 411 Primrose Boulevard is a sweet home that checks plenty of boxes. It is a single-story home nestled within an established neighborhood. Located less than 1 mile from Steeplechase Park with Dog Park and Lake Kyle Park, and about 4.5 miles from I-35. 
If Austin real estate was a cocktail, it has been rattled around in a shaker in recent years. The mix of the jarring jump in home prices, the steady climb of interest rates, and now the gut-punch of tax valuations; it’s enough to make buyers, sellers, investors, and owners alike feel like they have just been battered by ice cubes in a beverage shaker.