Statistics regarding Austin homes for sale provided by Austin realtors.
There are currently 199 blog entries related to this category.
Thursday, March 28th, 2019 at 5:37pm. 370 Views
The Texas housing market remained strong in Texas in January 2019, fueled by a healthy labor market, population growth, and economic expansion, according to the Real Estate Center at Texas A&M University’s March 2019 Texas Housing Insight report.
Housing sales increased 1.2 percent, led by a rebound of home sales under $200k, which accounted to 41 percent of total sales. The Real Estate Center says that homes from $200k-$400k account for about half of Texas MLS sales.
Austin home sales increased 4.3 percent overall, with “strong gains for homes priced more than $300,000.” In San Antonio, homes under this amount experienced 6.5 percent growth. North Texas sales fell for the third month in a row, with a 2.4 percent decrease in Dallas and a 2.6 percent…
Thursday, March 21st, 2019 at 11:08am. 554 Views
February 2019 Home Sales Break Record
More Central Texas homes were sold in February 2019 than in any previous February, according to the Austin Board of REALTORS® February 2019 Central Texas Housing Market report. Sales increased six percent from February 2018 to 2,101 sales.
"We've been hearing from our members that buying and selling activity has really picked up over the past month," said ABOR President Kevin P. Scanlan. "We're seeing a lot of development in North Austin, as major tech employers are looking for space with ample room for housing development and access to major transportation arterials.”
Median home price in the Austin area for February 2019 was $295,000, a 0.3 percent decrease compared to $296,000 in February 2018. Inventory…
Thursday, February 28th, 2019 at 12:45pm. 459 Views
Experts with the Real Estate Center at Texas A&M University say that single family home sales will slow in 2019 and then bounce back in 2020. “This cooling period is necessary after multiple years of explosive growth, allowing the market to adjust in areas of extreme shortages and rapid affordability declines,” a release stated. Median price per square foot still is expected to increase by about four percent in major Texas cities.
In 2018, sales in the Texas housing market increased 1.7 percent. While a modest increase, home sales reached a record number. The report cited low inventory and decreasing affordability for the lessened rate of increase. And, while there was more construction activity, a shortage of homes under $300k stressed “more than…
Monday, February 25th, 2019 at 9:20am. 666 Views
Austin-area Home Sales Flat, Median Price Appreciation Slows
Austin-area home sales decreased by 1.8 percent in January 2019, while median price increased 2.4 percent to $296,999, according to the Austin Board of REALTORS® January 2019 Central Texas Housing Market report. Housing inventory was still extremely tight, with a 2.3 month supply even following a 0.4 month increase for the month.
"In December 2018, new listings on the market returned to more normal levels compared to December 2017. This resulted in a slight decrease in January sales this year," said ABOR President Kevin P. Scanlan. “However, even though we are seeing slowing home price appreciation, future homeowners are still buying. That means Austin’s market remains extremely…
Wednesday, January 23rd, 2019 at 6:16pm. 855 Views
Austin-area Home Sales Break Record in 2018
Home sales in the Austin-Round Rock Metropolitan Statistical Area broke an all-time record in 2018, with 30,713 homes selling for a total of $11.9 billion in sales dollar volume, according to the Austin Board of REALTORS®. This was a 2.1 percent increase in sales and was impacted by a 3.6 percent increase to $310,400 in the median price of homes.
“2018 was the highest-grossing year on record, and for the first time ever, the median price for single-family homes in the Austin-Round Rock MSA (metropolitan statistical area) stayed above $300,000 for 10 consecutive months,” said ABOR President Kevin P. Scanlan.
The annual highs were despite down numbers in December 2018. For the month, sales of homes in…
Friday, January 18th, 2019 at 4:03pm. 771 Views
Texas housing sales were down 1.1 percent in November 2018, after a double-digit increase in October 2018, according to the Real Estate Center at Texas A&M University’s Texas Housing Insight.
San Antonio was the only metro area in Texas to see an increase, with a record-high 2,920 sales and a 5.2 percent increase compared to December 2017. Austin experienced a 0.2 percent decrease, and Houston experienced a 2.8 percent decrease. Dallas experienced a continued “correction” with a 12.8 decrease, and Fort Worth experienced a 4.3 decrease, according to the report.
Even with this slight drawback, the median price for a Texas home reached a record high of $235,727. Dallas and San Antonio both experienced price increases, to $288,468 and $227,750,…
Wednesday, December 19th, 2018 at 2:47pm. 1,158 Views
November 2018 Home Sales Notch Austin Area Closer to Record Year
The Austin-area housing market looks to be on track for another record-breaking year, following a slight increase in sales volume in November 2018. Sales volume in the Austin-Round Rock Metropolitan Statistical Area increased 0.7 percent compared to November 2017, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Sales dollar volume increased 5.6 percent, while median price ticked up 2.2 percent to $301,391.
"Sales are up 3.3 percent year-to-date for 2018,” ABOR President Steve Crorey. “Pending sales volume in December, the Central Texas housing market is on track to have one of the highest-grossing years on record."
For the month of November 2018,…
Friday, December 14th, 2018 at 12:11pm. 881 Views
Double digit increases in both Texas luxury home sales and home sales volume made this segment of homes “a strong driver of the Texas housing market” during the first 10 months of 2018, according to a release from the Texas Association of REALTORS® based on information in the 2018 Texas Luxury Home Sales Report.
Homes priced $1 million and higher that sold in the Austin, Dallas-Fort Worth, Houston, and San Antonio metropolitan statistical areas increased 11.5 percent to a total of 5,123 sales from October 2017 to November 2018, and total sales dollar volume experienced a double digit increase of 11.3 percent, reaching $8,361,918,994.
In Austin, luxury home sales volume increased 12.6 percent to a total of 968 sales from November 2017 to October…
Friday, November 30th, 2018 at 3:20pm. 922 Views
In September 2018, current home construction activity in Texas reached the highest level since 2008, according to the latest report from the Real Estate Center at Texas A&M University. While the Residential Construction Cycle (Coincident) Index reached a recent high, the Leading Index ticked down for the first time in 2018.
Austin developed 11,339 new lots through the third quarter of 2018 and “showed signs of trending upward.” New permits in Austin dropped to 1,187 after a strong summer, but Austin maintained four percent growth for the year. Construction values were up 3.5 percent for the quarter in Austin, while values in the state were up 2.6 percent. Texas still remains the top state in the nation for new construction permits, with 16 percent of…
Friday, November 16th, 2018 at 5:45pm. 3,181 Views
Austin-Area Experiences Record-Breaking Home Sales for October 2018
October 2018 home sales in the Austin area were the highest on record for any October, increasing 8.8 percent to top $900 million, according to the Austin Board of REALTORS® October 2018 Central Texas Housing Market Report. Additionally, sales volume increased 4.3 percent compared to last October, and median price increased approximately eight percent to reach $308,355.
New listings were up 3.7 percent compared to October 2017, while active listing increased 8.2 percent and pending sales increased 2.8 percent. Inventory inched up 0.1 months to a 2.9 month supply.
ABOR President Steve Crorey said, “We saw slight inventory increases across the market, particularly in the suburbs,…