November 2018 - Austin Real Estate Market Report

Posted by Sarah Thorne on Wednesday, December 19th, 2018 at 3:39pm.

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 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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