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January Home Data Signals Optimism in 2024 for Austin Area

February 15, 2024

AUSTIN, Texas —The first market analysis of the year released by Unlock MLS shows an increase in residential homes sold, up 4.3% to 1,667 closed sales, and an uptick in pending sales, which rose 3.8% to 2,480 listings, according to the latest Central Texas Housing Market Report. The data demonstrates that more options are availableRead More

Home sales accounted for more than $17 billion in economic activity in 2023

January 17, 2024

AUSTIN, Texas —In 2023, the median price for a home in the Austin-Round Rock MSA decreased 10.2% to $450,000, according to the Austin Board of REALTORS® December 2023 and Year-End Central Texas Housing Market Report. When compared to the steep 24.2% decline in pending sales in 2022, 2023 saw a slight 3.0% decline to 30,353Read More

Home sales in Austin remain strong despite continued higher rates

December 18, 2023

Housing inventory increases while median sales prices drop AUSTIN, Texas —The median home price across the Austin Round-Rock MSA dropped 8.4% to $424,450 last month, indicating Austin’s housing supply is becoming available at lower price points, but remains considerably elevated relative to pre-pandemic levels according to the Austin Board of REALTORS® November 2023 Central TexasRead More

ABoR: Buyers willing to enter market despite higher interest rates

November 14, 2023

Closed sales increase, median price declines across MSA AUSTIN, Texas — The median home price across the Austin-Round Rock MSA dropped 7.5% to $435,000 in October, according to the Austin Board of REALTORS® October 2023 Central Texas Housing Market Report. The market experienced an increase in residential homes sold across the MSA, which rose 4.1%Read More

Austin-Round Rock MSA housing market inventory hits highest level in over eight years

October 18, 2023

Slowing sales indicate affordability constraints for buyers AUSTIN, Texas — In the Austin-Round Rock MSA, housing inventory reached 4.0 months of inventory, the highest level in more than eight years, according to the Austin Board of REALTORS® September 2023 Central Texas Housing Market Report. The market also experienced a drop in closed sales, which decreasedRead More

Increase in closed sales indicate continued buyer confidence across Austin-Round Rock MSA housing market

September 20, 2023

Inventory increases across MSA, meaning more homes are available AUSTIN, Texas — In the Austin-Round Rock MSA, closed sales rose by 1.4% to 2,939 sales, the first increase in closed sales year over-year since February 2022, according to the Austin Board of REALTORS® August 2023 Central Texas Housing Market Report. Through the Austin-Round Rock MSA,Read More

Austin-Round Rock MSA housing market demonstrates resilience despite high interest rates

August 17, 2023

AUSTIN, Texas — According to the Austin Board of REALTORS® July 2023 Central Texas Housing Market Report, closed listings increased 0.6% year-over-year to 2,815 closed sales across the Austin-Round Rock MSA. When considering July 2022 is when the market initially began to stabilize, and when combined with pending sales rising 14.5% to 2,892 pending sales,Read More

Amidst challenging economic conditions, Austin-Round Rock MSA housing market continued to normalize during first half of 2023

July 19, 2023

This month’s Central Texas Housing Summit to shed light on challenges AUSTIN, TX — During the first six months of 2023, the Austin-Round Rock MSA housing market remained robust and continued to normalize despite macroeconomic factors impacting the housing market and economy, according to the Austin Board of REALTORS® Central Texas Housing Market Report. DespiteRead More

Buyers and sellers see ample opportunity in Austin-Round Rock MSA housing market

June 14, 2023

AUSTIN, Texas — In May, home buyers and sellers saw more opportunity across the Austin-Round Rock MSA according to the Austin Board of REALTORS® May 2023 Central Texas Housing Market Report. Housing inventory grew 2.2 months to 3.4 months of inventory and active listings soared 118.9% to 8,960 active listings indicating buyers and sellers viewRead More

Austin-Round Rock MSA housing market continues to balance, outperform national trends

May 16, 2023

Market is withstanding broader economic conditions AUSTIN, Texas — The Austin-Round Rock MSA housing market is outperforming national trends while continuing to balance, according to the Austin Board of REALTORS® April 2023 Central Texas Housing Market Report. The most recent National Association of REALTORS® data (March 2023) found that home sales declined 22.7% nationally while inRead More