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Austin Real Estate Statistics

Statistics regarding Austin homes for sale provided by Austin realtors.

There are currently 195 blog entries related to this category.

Austin, Texas Real Estate Market Update and Statistics January 2019

Wednesday, January 23rd, 2019 at 6:16pm. 491 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

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Texas Housing Sales Down Slightly Following Double-Digit Increase

Friday, January 18th, 2019 at 4:03pm. 448 Views

Austin housesTexas 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,

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Austin, Texas Real Estate Market Update and Statistics December 2018

Wednesday, December 19th, 2018 at 2:47pm. 854 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,

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2018 Texas Luxury Home Sales Top $8.3 Billion

Friday, December 14th, 2018 at 12:11pm. 672 Views

Austin luxury home pricesDouble 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

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Texas Housing Construction Highest since 2008

Friday, November 30th, 2018 at 3:20pm. 763 Views

Austin new construction homesIn 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

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Austin, Texas Real Estate Market Update and Statistics November 2018

Friday, November 16th, 2018 at 5:45pm. 2,353 Views

Austin real estate statisticsAustin-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,

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New Home Construction in Texas Gains Momentum

Wednesday, October 31st, 2018 at 8:51pm. 740 Views

Austin housing salesNew home construction in the state of Texas is gaining steam, according to the most recent Texas Housing Insight report by the Real Estate Center at Texas A&M University. Construction permits for single-family homes increased 14.1 percent year-to-date (to August 2018), with Texas remaining the leader across the United States with 16 percent of total national permits.

Austin reached a decade-high in construction permits in July 2018 and has experienced 18 percent growth year-to-date with 1,459 permits issued. Permits also surged in San Antonio, with growth of 27 percent, while total permits were largest in Houston and Dallas-Fort Worth. Additionally, the Texas Residential Construction Cycle (Coincident) Index, a measurement of current construction

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Texas Home Sales on Track for Record-Breaking Year

Tuesday, October 30th, 2018 at 11:39am. 3,042 Views

austin homesTexas real estate is trending toward another record-breaking year in 2018, following an increase in third quarter sales and prices, according to the Texas Association of REALTORS® Texas Quarterly Housing Report. Home sales were up 4.4 percent for the quarter when compared to the third quarter of 2017, and median price also was up 4.4 percent to $235,000.

“At the current rate that home sales and active listings are increasing, we are trending towards another record-breaking year in Texas real estate,” said TAR Chairman Kaki Lybbert. “The record-breaking home-sales activity this summer in Texas is an example of the strong economy, job growth and quality of life in our great state that keeps driving demand for home ownership.”

Homes for sale in Texas

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Austin, Texas Real Estate Market Update and Statistics October 2018

Friday, October 19th, 2018 at 3:32pm. 807 Views

Steady September 2018 for Austin Real Estate

The Austin area real estate market held fairly steady for the month of September 2018, with a less than one percent decrease in number of sales and an almost six percent increase in dollar volume, according to the Austin Board of REALTORS® September 2018 Central Texas Housing Market Report.

“Austin-area housing market activity has bucked the trend of a cool-weather slowdown over the last several years, maintaining much of the momentum from the summer months through the end of the year,” said ABOR President Steve Crorey. “Home sales growth declined five percent last September, so it’s good to see that the area housing market held steady in September 2018. Austin continues to be one of the fastest-growing

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International Homebuyers Add $11 billion to Texas Economy from 2017-2018

Friday, September 28th, 2018 at 3:23pm. 831 Views

Austin international home salesInternational homebuyers purchasing Texas real estate added $10.89 billion to the Texas economy from April 2017 to March 2018, according to the Texas Association of REALTORS® Texas International Homebuyers Report. This placed Texas third in the nation for international home sales volume, behind Florida and California, with Arizona and New York rounding out the top five.

During this time period, 10 percent of all home sales by international sellers were in Texas, and nine percent of all homes sales purchased by international buyers were in Texas. Texas was tops with homebuyers from Mexico, with 38 percent of Mexican homebuyers purchasing a United States homes choosing the state. Seven percent of buyers from China chose Texas, with six percent from

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