Austin Real Estate Statistics

Monthly average statistics provided by the Austin Board of Realtors.

Found 9 blog entries about Austin Real Estate Statistics.

 

Spring Brings Great Things for Austin Real Estate

March showed strong numbers overall, with the sharp increase in pending sales being the highlight. While stats earlier in the year were a little soft, Springtime definitely seems to be exciting and fast paced. The surprise decrease in mortgage rates is just another plus that is encouraging the pace of the market. The March 2019 stats report shows that sales volume increased by 2% to 2,740 sales when compared to March of last year.  Sales volume totals for March were a whopping $1.1 Billion. Median prices for March 2018 vs. 2019 were slightly higher at $305,000 for an average home in the Austin Metro. The market continues to be strong as active listings, pending contracts, and new listings

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The month of January report shows that sales volume decreased by 2% to 1,598 sales when compared to January last year.  Sales dollar volume tallied to a total of $599 Million for January 2019. Median prices for January 2018 vs. 2019 were slightly higher than last year at $297,000. These small changes are common at the beginning of the year, as the holidays tend to invite a seasonal slowdown. The market continues strong as active listings, pending contracts, and new listings increased for the month of January by 21%, 11% and 22% respectively. There was also a .4 months increase when compared to January 2018 to 2.3 months of inventory for January 2019.

We are excited and rolling full steam ahead into Spring 2019! Our agents are ready to help you

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The year end report shows that sales volume decreased by 11% to 2,370 sales year over year.  Sales dollar volume also decreased by 11% to a total of $884 Million last month. Median prices for December dropped slightly year over year to $305,000. These decreases are common toward the end of the year, as the holidays tend to invite a seasonal slowdown. On the flip side, active listings, pending contracts, and new listings increased year over year. There was also a .2 months increase in inventory year over year to 2.3 months at the end of 2018. 

We are excited to see what 2019 brings! Our agents are ready to help you market your home for sale in this competitive market, and can help you hunt down that perfect property as well.

If you have any

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As the end of the year moves in, we're seeing an increase year over year across all listings: New and pending listings increased slightly, while active listings jumped to a 12% increase this November. Homes sold this month increased by roughly 1% from November 2017, and median prices grew 2% year over year to $301,391. Continuing on this trend: sales dollar volume grew by 5.6%, monthly housing inventory increased by .2 months, and homes spent an average of three more days on the market year over year.

This increase across the board suggests demand is higher... and still growing! Our agents are ready to help you market your home for sale in this competitive market, and can help you hunt down that perfect property as well.

If you have any

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Sales volume increased year over year from 2,250 sales in October 2017 to 2,347 last month; a 4.3 percent increase.  An 8.8 percent increase led sales dollar volume to reach $901 Million last month. Higher demand combined with limited inventory led to a increase in median home price to $308,355. Active listings, pending contracts, and new listings increased year over year. Inventory increased 0.1 months resulting in 2.9 months of inventory last month. 

All good news! Our agents are ready to help you market your home for sale in this competitive market, and can help you hunt down that perfect property as well.

If you have any questions about the current market, just shoot us an email at israel@austinhouseco.com. You can also call our office at

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Year over year, sales volume decreased slightly (0.9 percent) to 2,368 sales last month. Median home prices increased by 4.2 percent since September of last year, resulting in a record-breaking $302,000 median price for the month of September. This all time high has also led to an increase in overall volume ($906 Million) last month. Both active listings and pending contracts in the Austin Metro increased this month, while new listings decreased. Inventory has not changed since last year, which may be a contributing factor to decreased sales volume.

All good news! Our agents are ready to help you market your home for sale in this competitive market, and can help you hunt down that perfect property as well.

If you have any questions about the

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Navigating the home selling process is not an easy one. While it may seem like Realtors simply stick a sign in the dirt and BOOM it's sold, that doesn't come close to the reality of selling a home. Below we've highlighted some research provided by the National Association of Realtors.

Struggling with Selling Your Own Home in Austin

Highlights and drawbacks of For Sale By Owner

  • Roughly 8% of home sales are For Sale By Owner (FSBO) listings
  • The Typical FSBO home sold for $190,000 compared to $249,000 for agent-assisted home sales
  • 35% of FSBO listings used a yard sign as their primary method of advertising
  • 28% of FSBO listings were not activity marketed
  • The most difficult task for FSBO sellers was GETTING THE RIGHT PRICE

On the flip-side, stats and surveys show not only

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Cimarron Hills in Georgetown Texas

We had the pleasure of getting an update on the housing market from Eldon Rude, Principal at 360 Real Estate Analytics. The seminar was very informative and these are some of the key points/takeaways.

Be careful with headlines

In a world of instant gratification, and knee-jerk reactions, it's easy to misconstrue headlines or maybe put too much importance on their meaning. For example, there are many headlines relating to an expected "downturn" in the real estate market in 2019. These expectations are sometimes based on small samples of information, and when you look at the big picture and take into account the significant amount of growth the country and the local Austin market have seen in recent years, wouldn't any slow down be considered a

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July 2018 Austin Real Estate Statistics

Stats show that the market was steady in July, which surprisingly can be a sluggish month. Most areas saw a slight decline in the number of sales (year over year), however, median home prices have continued to rise showing a 5% increase since July of last year making the median sales price in the Austin Metro in July $326,000. Both pending contracts and overall volume (1.4 Billion) were up significantly in July. Home inventory levels were down slightly to 2.9 months of inventory, which could be the reason for fewer homes selling. Low inventory levels were likely the reason for lower the lower number of units sales. 

Pending sales are up! That's really what tells the tale of the tape. Our agents are ready to help you market your home for sale in

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