January 2019 - Austin Real Estate Market Report

Posted by Jesse Gomez on Wednesday, March 6th, 2019 at 4:12pm.

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 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 (512) 299-3809 or message us on FacebookInstagram, or Twitter.

 

 

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