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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

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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

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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

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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

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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

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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

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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

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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

Austin, Texas Real Estate Market Update and Statistics August 2019

August 21, 2019

Austin-area Home Sales Increase Double Digits to Break July Record Austin-area home sales increased 11.7 percent in July 2019, setting a July record with 3,439 home sales, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Sales dollar volume for the area also increased by double digits, rising 15.4 percent to $1,407,009,110Read More

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Following a Near-Record Spring, Texas Housing Sales Take a Breath

August 16, 2019

Housing sales in Texas dropped 10.1 percent in June 2019, following a near-record April and May, according to the Real Estate Center at Texas A&M University, but “remained on an upward trajectory amid lower mortgage rates, rising wages, and more moderate home price appreciation.” Additionally, MetroStudy data cited in the report shows “second quarter newRead More

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