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 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 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 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 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, 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, 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 →