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Mid-Year 2021 Texas Housing Outlook

August 17, 2021

The Texas Real Estate Research Center produced its 2021 Mid-Year Texas Housing and Economic Outlook, with the remainder of this year looking similar to the year thus far for the housing market: “strong demand with low inventories accompanied by strong price growth.” As has been the case, homes priced less than $300,000 will be especiallyRead More

3309 Hampton RD Austin and Tricia McAnally

Texas Home Inventory Sinks to Record Low

July 23, 2021

Inventory for Texas homes for sale sank below 1.2 months in May 2021, the first time in series history, according to the Real Estate Center at Texas A&M University. This low was a result of an increase in sales activity and a decrease in homes added to the Multiple Listing Service. An inventory supply ofRead More

Volume of Homes Sold in June 2021 Sets Records

July 16, 2021

Volume of homes sold in June sets records, demonstrates sustained market strength across Austin-Round Rock MSA Market also posted significant gains in first half of 2021  AUSTIN, Texas — According to the Austin Board of REALTORS® (ABoR) June and Midyear Central Texas Housing Market Report, 4,369 homes sold in June, a record for the month of June, across the Austin-Round Rock Metropolitan Statistical AreaRead More

Home Prices Soar in Texas, while Sales Dip

June 24, 2021

The median price for a home in Texas rose in April 2021 for the fourth consecutive month, increasing 17.3 percent year-over-year to a record-breaking $289,700, according to the Real Estate Center at Texas A&M University’s Texas Housing Report. The Texas market experienced a “shift in the composition of sales toward higher-priced homes due to constrainedRead More

Avery Ranch House

Austin, Texas Real Estate Market Update and Statistics June 2021

June 15, 2021

AUSTIN, Texas – The greater Austin area posted record-breaking gains in May, as the median home price reached an all-time high—for any month on record—of $465,000, while both home sales and sales dollar volume skyrocketed, according to The Austin Board of REALTORS® May 2021 Central Texas Housing Report. “Austin’s housing market has become one ofRead More

Texas Housing Sales Crunch Amidst Restriction

May 25, 2021

Texas housing sales were down 0.8 percent month over month in April 2021, constrained by lack of inventory, as well as higher prices and mortgage rates, according to the Texas Real Estate Research Center at Texas A&M University. “The number of new MLS listings rose for the second straight month in April, but Texas’ monthsRead More

379 Steamboat Crossing, Dripping Springs, Texas 78620 Paul and Maureen Dyson

Austin, Texas Real Estate Market Update and Statistics May 2021

May 18, 2021

The booming Austin-area housing market continued to demonstrate strength in April, with soaring double-digit growth in both home sales volume and median price growth. The Austin Board of REALTORS® April 2021 Central Texas Housing Report is the first market report to provide a direct comparison to the housing market during the COVID-19 pandemic. “One yearRead More

april 2021 austin area statistics

Record-breaking Texas Land Sales as Buyers Migrate

April 21, 2021

“Texas city-dwelling buyers descended on rural locations in latter 2020,” according to the Texas Real Estate Research Center at Texas A&M University. Due to both pandemic fears and urban unrest, buyers purchased 552,707 acres of Texas land for a record $1.69 billion. The increased demand caused statewide land prices to increase 3.1 percent to $3,064Read More

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Austin, Texas Real Estate Market Update and Statistics April 2021

April 15, 2021

Austin area continues to set housing records despite affordability growing pains AUSTIN, Texas – As Austin experiences growing pains associated with a city transitioning into a large metropolitan area, the Austin-Round Rock MSA continues to set housing records. According to the Austin Board of REALTORS®’ latest Central Texas Housing Report, sales volume lost due to the February stormsRead More

Austin, Texas Real Estate Market Update and Statistics March 2021

March 23, 2021

Winter storms that knocked out power and water to many Texans slowed February 2021 Austin-area home sales – but not prices. Home sales in the Austin-Round Rock Metropolitan Statistical Area declined eight percent in February, the first time sales have dipped since June 2020. Median price, meanwhile, jumped 22.5 percent to an all-time high ofRead More