Austin, Texas Real Estate Market Update and Statistics June 2016

June 21, 2016

Home Sales Jump 10% in Austin-Area Home sales in the Austin-area jumped 10% in May 2016 compared to May of last year, and in Williamson County, the increase was even higher at 19.5 percent, according to the Austin Board of REALTORS® May 2016 Central Texas Housing Market Report. “Housing demand continues to be at anRead More

Austin, Texas Real Estate Market Update and Statistics May 2016

May 20, 2016

Central Texas Home Sales Jump 12.5 Percent, Austin Median Price Jumps Over Ten Percent Single family home sales in Central Texas increased 12.5 percent in April 2016, compared to April of last year, for a total of 3,863 home sales. However, almost 80 percent of these homes were not sold within the City of AustinRead More

Scorching Pace for Austin Homebuilders in the First Quarter of 2016

May 10, 2016

Central Texas homebuilders began construction on 40 percent more homes in the first quarter of 2016 than in the first quarter of 2105, according to Metrostudy, as reported by the Austin American-Statesman and the Real Estate Center at Texas A&M University. This dramatic rise equaled 3,570 new home starts in the first quarter of thisRead More

Austin, Texas Real Estate Market Update and Statistics April 2016

April 22, 2016

Even with almost eight percent increase in home prices, Austin home sales also up — over nine percent Austin home prices rose yet again this March 2016, according to the latest Multiple Listing Service (MLS) report by the Austin Board of REALTORS®. The median single-family home price in Austin rose to $278,000 in March 2016,Read More

Austin, Texas Real Estate Market Update and Statistics March 2016

March 22, 2016

Austin-area Home Prices Still Increasing Austin-area home price growth still shows no sign of slowing down. Compared to February of 2015, median home prices for February 2016 increased eight percent to a median price of $269,900, according to a Multiple Listing Service (MLS) report released by the Austin Board of REALTORS®. Home sales increased 2.9Read More

Austin, Texas Real Estate Market Update and Statistics February 2016

February 23, 2016

Sales Dip, Prices Keep Rising Austin area home sales dipped slightly in January with a total of 1,459 home sales, according to a Multiple Listing Service (MLS) report released by the Austin Board of REALTORS®. While home sales showed this slight decrease of 1.9 percent compared to last January, median price rose 6.3 percent year-over-year,Read More

Austin, Texas Real Estate Market Update and Statistics January 2016

January 22, 2016

Austin Real Estate Sets All-Time Records in 2015 December 2015 was another strong month for Austin real estate, capping off a record-breaking year. See below for Year of 2015 and December 2015 market statistic reports: 2015 Single family home sales and prices set all-time records for the year 2015, with home sales increasing five percentRead More

Texas Housing: Demand High, Construction Slow, and Inventory Low

December 29, 2015

A December report by the Real Estate Center at Texas A&M University says that housing demand remains strong throughout the state of Texas but that new construction to meet that demand is being constrained by a shortage of both labor and lots. New Construction and Inventory Statewide, new building permits were flat, with recent declinesRead More

Austin, Texas Real Estate Market Update and Statistics December 2015

December 21, 2015

Austin Home Sales Take a Dip, Prices Hit Record Home sales in the Austin area took a dip in November 2015, decreasing four percent compared to November 2014, according to a Multiple Listing Service (MLS) report by the Austin Board of REALTORS®. The retraction follows an increase in home sales for five consecutive months andRead More

Texas Housing on Track for Record Year

December 14, 2015

The 2015 Texas Annual Housing Report, a recap of all of the market research reports distributed by the Texas Association of Realtors, shows that Texas is on pace for a record year for real estate in 2015. The report indicates that Texas made a strong showing in all segments of the housing market, due toRead More