Austin, Texas Real Estate Market Update and Statistics May 2019

May 20, 2019

Austin-area Home Sales Up Almost 15 Percent in April 2019 Home sales in the Austin area increased 14.9 percent in April 2019 compared to April 2018, according to the Austin Board of REALTORS® April 2019 Central Texas Housing Market Report. Likewise, sales dollar volume was up 14.1 percent to $1,207,238,711. Prices for the region held steady,Read More

Austin, Texas Real Estate Market Update and Statistics April 2019

April 19, 2019

Austin-Area Real Estate Up Slightly in March 2019 Austin-area real estate experienced a small uptick in March 2019, according to the Austin Board of REALTORS® Central Texas Housing Market report. Sales of single-family homes in the Austin-Round Rock Metropolitan Statistical Area increased 1.9 percent in March 2019, to 2,740 home sales. Median price increased 0.8Read More

A recently-sold Austin home

Monthly Texas Housing Insight

March 28, 2019

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 toRead More

Austin, Texas Real Estate Market Update and Statistics March 2019

March 21, 2019

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 activityRead More

February 2019 Market Stats Infographic

Austin, Texas Real Estate Market Update and Statistics February 2019

February 25, 2019

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 0.4Read More

January 2019 Austin-area Market Stats Infographic

Austin, Texas Real Estate Market Update and Statistics January 2019

January 23, 2019

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 byRead More

Austin, Texas Real Estate Market Update and Statistics December 2018

December 19, 2018

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 BoardRead More

2018 Texas Luxury Home Sales Top $8.3 Billion

December 12, 2018

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. HomesRead More

2018 Texas Luxury Homes Sales Infographic

Texas Housing Construction Highest since 2008

November 30, 2018

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 newRead More

Texas Job Growth Outpaces U.S.

November 30, 2018

Nonagricultural job growth in Texas nearly doubled that of the United States, with a 3.1 percent increase from October 2017 to October 2018, compared to 1.7 percent for the U.S., according to the Real Estate Center at Texas A&M’s Monthly Review of the Texas Economy. Nongovernment jobs also increased: 3.7 percent in Texas compared toRead More