Statistics regarding Austin homes for sale provided by Austin realtors.
There are currently 169 blog entries related to this category.
Thursday, February 15th, 2018 at 5:08pm. 212 Views
January 2018 shows continued strength of Austin-area real estate market: Record-breaking sales and prices could continue
Home sales increased across the five-county Austin Metropolitan Statistical Area in January 2018, “setting the pace for what could be another record-breaking year,” according to the Austin Board of REALTORS® January 2018 Central Texas Housing Market Report. Sold prices for homes in the Austin-area increased 3.6 percent over January 2017 to $290,000, and home sales volume increased 8.5 percent to 1,655 sales. Inventory remained the same as last January at 1.9 months, well below an average balanced market of six to 6.5 months. Pending and active listings indicate February 2018 also will be a strong month for sales, according to the…
Wednesday, January 31st, 2018 at 10:51am. 260 Views
Following a low-momentum period, Texas single-family housing construction permits jumped 17.2 percent in November 2017 to reach pre-recession levels, according to the Real Estate Center at Texas A&M University. In Austin, construction permits were up 24.9 percent, with Dallas permits increasing 13.9 percent. Additionally, the Texas Residential Construction Leading Index reached its highest level since April 2017, which indicates likely improvements in residential construction through the end of the year, according to the report. Texas housing starts increased for the second straight month, with a year over year increase of 11 percent.
Overall home sales in Texas increased 6.6 percent in November 2017, despite challenges in available inventory for…
Friday, January 19th, 2018 at 5:16pm. 547 Views
2017: Another Record-Breaking Year for Austin-area Real Estate
Austin-area real estate achieved another record-breaking year in 2017, with home sales volume increasing 2.4 percent to 30,059 sales and median home price increasing 5.4 percent to $299,900, according to the Austin Board of REALTORS® December and Year-End 2017 Central Texas Housing Market Report. For home sales in the city of Austin, sales volume increased 2.5 percent to 9,278 sales, and median price reached an all-time high of $362,000.
Despite the record-breaking year, there are indications the real estate market will return to a more “normalized” positive pace soon. “While the Austin area continues to break records, the pace at which annual home sales and prices are increasing in…
Monday, December 18th, 2017 at 1:15pm. 707 Views
Austin-Area Home Sales Volume Up, Austin Volume Slows
Home sales volume in the Austin-Round Rock Metropolitan Statistical Area increased in November 2017, while home sales within the city of Austin decreased, according to the Austin Board of REALTORS® November 2017 Central Texas Housing Market Report.
Austin-Round Rock home sales increased 3.7 percent compared to November 2016, resulting in 2,196 home sales, and city of Austin home sales decreased 3.3 percent compared to November 2016, resulting in 653 home sales. Williamson County home sales increased 10.2 percent, and Hays County home sales increased 14.3 percent. Travis County home sales decreased 1.3 percent, due to Austin’s decline.
“Even with the market normalization trends we are seeing,…
Monday, October 23rd, 2017 at 7:01pm. 713 Views
Austin-area Home Sales Down Compared to Last Year’s Records
Austin-Round Rock Metropolitan Statistical Area home sales were down this September 2017, compared to September 2016, and inventory levels were up, according to the Austin Board of REALTORS® September 2017 Central Texas Housing Market Report. However, experts indicate that rather than a sign of a downturn, these results are simply a slowing down of the breakneck speed of the recent past.
“Despite last month’s dip in home sales activity, it’s important to remember that we’re comparing our current figures to the record-breaking housing market activity in 2016 and it’s not necessarily indicative of a downturn,” said ABOR President Brandy Guthrie.
Single-family home sales for the…
Tuesday, September 19th, 2017 at 4:23pm. 1,177 Views
Austin-area Real Estate Breaks Summer Selling Season Records
The Central Texas summer season was the hottest it has ever been – in real estate, that is. The Austin-Round Rock Metropolitan Statistical Area reached its highest level of single-family home sales and the highest median price during the period of May 2017 to August 2017, according to the Austin Board of REALTORS® August 2017 Central Texas Housing Market Report.
“The Central Texas housing market just experienced the strongest summer selling season on record,” said ABOR President Brandy Guthrie. “The Austin-Round Rock MSA saw record breaking growth, during which median price topped $300,000 and home sales volume topped $1 billion four consecutive months in a row.”
The record breaking…
Friday, August 18th, 2017 at 5:15pm. 943 Views
Steady July for Austin-area Housing
Single-family home sales across the Austin-Round Rock Metropolitan Statistical Area increased 2.8 percent year-over-year in July 2017, with sales in Austin declining 2.5 percent that same month, according to the Austin Board of REALTORS® July 2017 Central Texas Housing Market Report. While Travis County had a 1.1 percent decline in home sales, Hays County sales increased 15.3 percent and Williamson County sales increased 2.3 percent.
Much of this impact is due to home availability. Housing levels increased in the areas surrounding Austin, with the MSA as a whole increasing 0.4 months to 3.2 months of inventory, while inventory only increased 0.1 months to 2.5 months within the city of Austin.
“During a month…
Saturday, July 22nd, 2017 at 8:51am. 894 Views
Mid-Year 2017 Austin Real Estate Statistics
For the first half of 2017, Austin-Round Rock Metropolitan Statistical Area home sales rose 2.8 percent year-over-year to 14,958 home sales, with median price increasing 6.4 percent year-over-year to $300,000, according to the Austin Board of REALTORS® June 2017 Central Texas Housing Market Report.. Active listings increased 15 percent and sales dollar volume increased 10.4 percent.
For the month of June 2017, home sales volume in the Austin-Round Rock MSA increased 4.4 percent year-over-year, and median price increased 6.6 percent to $314,000. Housing inventory increased 0.5 months to 3.1 months. Total dollar volume for home sales increased 12 percent over last June to $1,347,423,877.
Wednesday, July 19th, 2017 at 11:58am. 861 Views
The latest Texas Housing Insight report from the Real Estate Center at Texas A&M University shows that housing affordability is a challenge throughout the state of Texas. While, nationally, home prices have risen 7.4 percent since 2007, “The Federal Housing Finance Agency Housing Price Index shows Texas homes are 43.1 percent more expensive than they were in 2007," said Center Research Economist Dr. Luis Torres.
Some of the major metros within Texas have seen even higher increases in the last 10 years. Austin has seen the highest growth, with a 65.7 percent increase in Austin home prices since 2007. Houston is second with 55.7 percent growth. The Dallas-Fort Worth market has seen a 55.4 percent increase in Dallas and a 44.1 percent increase in Fort…
Tuesday, July 18th, 2017 at 4:53pm. 738 Views
New home single-family construction permits in Texas reached a 10-year high in March 2017, with 10,481 permits issued, an 11.5 percent increase, according to Dr. Luis Torres, a research economist with the Real Estate Center at Texas A&M University. Austin’s 1,547 new home permits were also the most the capital city has seen in a decade.
“Texas led the nation in total permits issued and ranked fifth in permits per capita,” said Torres. “Construction permits increased significantly in the Texas Urban Triangle.”
Houston was number one in the nation for new home construction permits, with 3,543 permits issued, and Dallas was number two in the nation with 2,405 permits issued. Nearby Fort Worth experienced a 45.4 percent increase since January 2017 in…