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Austin, Texas Real Estate Market Update and Statistics September 2020

September 17, 2020

Double-Digit Growth for Austin-area Housing Market in August Home sales for the Austin-Round Rock Metropolitan Statistical Area increased 12.9 percent in August 2020 to a total of 4,019 sales, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Median price also rose by double digits compared to August of last year, increasing 11.3Read More

Texas Housing Market Rebounds

August 25, 2020

Texas housing sales rebounded almost 30 percent in June 2020, following three consecutive monthly declines due to COVID-related shutdowns, according to the Real Estate Center at Texas A&M University. The report cited falling interest rates and pent-up demand from the shutdown for the large increase, which resulted in the highest homeownership level on record. TheRead More

Austin, Texas Real Estate Market Update and Statistics August 2020

August 20, 2020

Austin-area Housing Market Surges in July 2020 Austin-area home sales surged 21.5 percent in July 2020 compared to July 2019, according to the Austin Board of REALTORS® Central Texas Housing Market Report. July was the second consecutive month of strong sales following a short-term pullback in the market due to COVID-19 stay-in-place orders. Median homeRead More

Austin, Texas Real Estate Market Update and Statistics July 2020

July 16, 2020

Despite impacts from COVID-19, Austin-Round Rock Metropolitan Statistical Area home sales increased 9.3 percent in June 2020 compared to June 2019, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Median home price for the MSA increased 4.6 percent to $340,000. “Strong home sales in June are good news for the real estate market acrossRead More

June_AustinRR_Stats

Austin, Texas Real Estate Market Update and Statistics May 2020

May 21, 2020

Pandemic Impacts Austin-area Home Sales but Prices Still Rise Austin-area home sales declined 21.6 percent in April 2019, the first reporting with significant impact from the COVID-19 pandemic, but prices continued to rise due to tightened inventory, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Median sales price increased 3.2 percentRead More

Most Realtors® Report No Lowering of List Prices during Pandemic

May 5, 2020

In the latest weekly report from the National Association of Realtors®, 76 percent of Realtors® working with sellers reported they have not lowered list prices in order to attract buyers during the pandemic. This is up two percent from the previous week. On the flip side, 64 percent of Realtors® reported their buyers are lookingRead More

Austin, Texas Real Estate Market Update and Statistics April 2020

April 16, 2020

Steady March 2020 Home Sales for Austin Area City of Austin Monthly Median Price Highest on Record Austin-area home sales for March 2020 remained largely untouched by the COVID-19 shelter-in-place orders that went into effect on March 24, according to the Austin Board of REALTORS® Central Texas Housing Market Report. In March, Austin-Round Rock MetropolitanRead More

ABOR March 2020 stats

What has happened to Austin housing since the City of Austin banned large gatherings?

April 9, 2020

It is still too early to understand the impact of the Coronavirus health crisis on the Austin housing market. What we know so far, since the City of Austin banned large gatherings on March 14, is that there has been a 12.5% decrease in the number of single-family homes sold in the greater Austin area.Read More

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