Skip to main content

How Will COVID-19 Affect Austin Real Estate?

March 26, 2020

The world is sharing an unprecedented health and economic challenge with the Coronavirus pandemic. Coming off of a position of substantial economic strength, we are now in uncharted territory: a pause on the economy that is not based on actual economic fundamentals. The big questions are what the short-term and long-term effects will be andRead More

Austin real estate

Austin, Texas Real Estate Market Update and Statistics February 2020

February 19, 2020

Austin Area Median Home Price Sets January Record The median home price for the Austin area increased 4.8 percent to $308,000 in January 2020, a record for that month, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Home sales were up 8.5 percent compared to January of 2019, while housing inventory fellRead More

ABOR January 2020

Austin, Texas Real Estate Market Update and Statistics January 2020

January 20, 2020

Austin-area Breaks Residential Real Estate Record in 2019 More Austin-area homes sold in 2019 than any other year on record, according to the Austin Board of REALTORS® December and Year-End 2019 Central Texas Housing Market Report. “Austin’s unprecedented population growth during the past decade has heavily impacted the real estate market,” said ABOR President Romeo Manzanilla. “Compared toRead More

Avery Ranch House

Texas Housing and Economic Outlook

December 18, 2019

Home foreclosure rates in Texas dropped to just 0.6 percent in the most recent reporting, according to statistics in the Outlook for the Texas Economy by the Real Estate Center at Texas A&M University. This percentage is around a level that has not been seen since before the oil bust of the 1980s and corroboratesRead More

Austin real estate

Austin, Texas Real Estate Market Update and Statistics December 2019

December 17, 2019

Double-Digit Increase in Austin-area November Home Sales, Record-breaking Year Expected Austin-Round Rock Metropolitan Statistical Area home sales increased 14.3 percent in November 2019 compared to November 2018, putting the region on track to break home sales record for the year, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Median price for theRead More

RollingwoodHome3

Employment Growth Strong in Texas

November 27, 2019

The Texas economy added nonagricultural jobs at a rate of 2.4 percent from October 2018 to October 2019, one percent higher than the national job growth rate, according to the Real Estate Center at Texas A&M University. Nongovernment jobs in Texas increased at a rate of 2.7 percent, compared to 1.5 percent in the UnitedRead More

A view of the downtown Austin skyline at twilight

Austin, Texas Real Estate Market Update and Statistics November 2019

November 25, 2019

Austin-Round Rock Home Sales Increase by Double Digits in October 2019, Austin Breaks Record Austin-Round Rock Metropolitan Statistical Area home sales increased 16.8 percent in October 2019, while Austin home sales increased 14.5 percent to result in more homes being sold than in any October, according to the Austin Board of REALTORS® Central Texas HousingRead More

ABOR stats 2019

Austin, Texas Real Estate Market Update and Statistics October 2019

October 18, 2019

All-Time High for September Austin Home Price The Austin median home price reached an all-time high in September 2019, rising 11.9 percent year over year to a price of $406,000, according to the latest Austin Board of REALTORS® Central Texas Housing Market Report. The city experienced a 14.8 percent year over year increase in homeRead More

September 2019 Austin home sales

Austin, Texas Real Estate Market Update and Statistics September 2019

September 17, 2019

Austin Home Sales and Prices Up in August 2019 The summer home-selling season may be coming to an end, but the Austin-area market ended the season strong, with an increase of almost six percent in home sales and a two percent increase in median home price in August 2019, according to the Austin Board ofRead More

southwest austin homes for sale

Texas Housing Sales Up 17 Percent in July 2019

September 11, 2019

Following pullbacks in May and June 2019, housing sales in Texas increased 17 percent in July, with all major price ranges experiencing double-digit growth, according to the Monthly Housing Report by the Real Estate Center at Texas A&M University. Median price in Texas also hit a record high of $240,500, an increase of 3.8 percent.Read More