Skip to main content

Texas Small Land Sales Increase

June 18, 2018

Small land sales in Texas increased 8.5 percent to 7,588 sales in 2017, the fifth straight year for an increase, according to the Texas Association of REALTORS® Texas Small Land Sales Report. Sales total dollar volume topped $1 billion for the first time. However, the average price per acre experienced a 2.2 percent decline toRead More

Austin, Texas Real Estate Market Update and Statistics June 2018

June 15, 2018

Austin Housing Prices Up, Inventory Down Historic highs and historic lows are now the norm in Austin real estate, with record-breaking median home prices and consistently low inventory levels. According to the Austin Board of REALTORS® May 2018 Central Texas Housing Market Report, the median price for an Austin home reached an all-time high ofRead More

May 2018 Austin Real Estate Market Stats Infographic

Austin Housing Starts Up Almost 18 Percent in First Quarter of 2018

May 23, 2018

Austin housing starts for the first quarter of 2018 were up 17.6 percent compared to the first quarter of 2017, for a total of 4,064 housing starts, according to Metrostudy. Annual new home starts increased 4.5 percent to 16,457. Attached homes, generally more affordable than single family homes, have seen significant gains, with 353 percentRead More

Austin, Texas Real Estate Market Update and Statistics May 2018

May 18, 2018

ABOR report says all price ranges experiencing competition All Austin area real estate price ranges are experiencing pressure due to limited inventory and high demand, according to the Austin Board of REALTORS® Central Texas Housing Market Report based on data from April 2018. Pending sales in the Austin-Round Rock MSA increased 14.3 percent in AprilRead More

April 2018 Market Stats Infographic

Texas Economic Outlook March 2018

March 23, 2018

A new report has been issued by the Real Estate Center at Texas A&M University for the Texas economy, and results continue to look strong overall thanks in part to a strong United States economy and increasing energy prices. Issued in mid-March based on January data, the report stated that housing affordability, potential volatility inRead More

Austin, Texas Real Estate Market Update and Statistics March 2018

March 16, 2018

Austin Area Home Prices Spike in February 2018 Wondering if this spring would bring a slowdown in the red hot Austin real estate market? Not so far, according to the February 2018 Central Texas Housing Market Report released by the Austin Board of REALTORS®. Prices spiked across the area, according to the report, with theRead More

Expect 6.6 Percent Growth in Texas Home Sales in 2018, Says Real Estate Center

February 23, 2018

Single family home sales in Texas are expected to increase by 6.6 percent in 2018, according to the Real Estate Center at Texas A&M University, even as builders statewide are continuing to struggle to meet affordable housing needs. It’s a “difficult task” to build homes priced less than $300,000, due to rising land costs andRead More

Austin, Texas Real Estate Market Update and Statistics February 2018

February 15, 2018

January 2018 shows continued strength of Austin-area real estate market: Record-breaking sales and prices could continue Home sales increased across the five-county Austin Metropolitan Statistical Area in January 2018, “setting the pace for what could be another record-breaking year,” according to the Austin Board of REALTORS® January 2018 Central Texas Housing Market Report. Sold pricesRead More

Texas Housing Construction Permits Reach Pre-Recession Levels

January 31, 2018

Following a low-momentum period, Texas single-family housing construction permits jumped 17.2 percent in November 2017 to reach pre-recession levels, according to the Real Estate Center at Texas A&M University. In Austin, construction permits were up 24.9 percent, with Dallas permits increasing 13.9 percent. Additionally, the Texas Residential Construction Leading Index reached its highest level sinceRead More

Austin, Texas Real Estate Market Update and Statistics January 2018

January 19, 2018

2017: Another Record-Breaking Year for Austin-area Real Estate Austin-area real estate achieved another record-breaking year in 2017, with home sales volume increasing 2.4 percent to 30,059 sales and median home price increasing 5.4 percent to $299,900, according to the Austin Board of REALTORS® December and Year-End 2017 Central Texas Housing Market Report. For home salesRead More