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Austin, Texas Real Estate Market Update and Statistics February 2021

February 25, 2021

Austin-area Homes Sales Up 24 Percent in January Home sales in the Austin-Round Rock Metropolitan Statistical Area increased 23.9 percent year-over-year in January 2021, while median price increased 19 percent to $365,000, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Housing inventory dropped 1.3 months to a record-low 0.4 months ofRead More

Austin, Texas Real Estate Market Update and Statistics January 2021

January 22, 2021

Austin-Round Rock MSA Experiences Record-breaking Housing Market in 2020 The Austin-Round Rock Metropolitan Statistical Area broke yearly and monthly home sales records at the end of 2020, while also reaching a monthly high for median price, according to the Austin Board of REALTORS® December 2020 and Year-End Central Texas Housing Market Report. Over 40,000 homesRead More

Austin, Texas Real Estate Market Update and Statistics December 2020

December 16, 2020

Austin-area Home Sales on Pace to Break Record A record-breaking number of home sales in November helped put the Austin area into potential record-breaking territory for the year, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Sales for the Metropolitan Statistical Area increased 23.8 percent year over year in November, andRead More

Texas Housing Market May Be Economic Hero of 2020

December 15, 2020

Texas Real Estate Research Center at Texas A&M University Senior Data Analyst Joshua Roberson explored the toll of the pandemic on the Texas economy in “Retreat or Resurgence: Which Direction is Texas Housing Headed?” Roberson premised that, years from now, the housing market’s surprising resiliency may be of great note to those who follow theRead More

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Austin, Texas Real Estate Market Update and Statistics November 2020

November 23, 2020

Austin-area Home Sales Grow by Nearly 30 Percent Austin-area home sales increased 29.4 percent year over year in October 2020, according to the Austin Board of REALTORS® Central Texas Housing Market Report, the third consecutive month of double-digit sales growth. Median price increased 13.2 percent to a record high of $365,000. Active listings fell toRead More

Texas Housing Market Rebounds as Buyers Take Advantage of Low Interest Rates

October 23, 2020

Texas existing home sales increased 10.7 percent in September 2020 compared to August 2020 and were about 2.6 percent higher than the first three quarters of the year, according to the Real Estate Center at Texas A&M University, which cited homebuyers rushing to take advantage of historically low mortgage rates. “Many prospective homebuyers who wereRead More

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Austin, Texas Real Estate Market Update and Statistics October 2020

October 19, 2020

Austin-area Home Sales Increase Dramatically Home sales in the Austin area increased dramatically in September 2020, as momentum from a later start to the selling season continued to build. Sales in the Austin-Round Rock Metropolitan Statistical Area rose 31.5 percent in September 2020 compared to September 2019, while median price increased 12.1 percent to $355,000,Read More

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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