October 2018 - Austin Real Estate Market Report

Posted by Sarah Thorne on Wednesday, November 21st, 2018 at 8:35pm.

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

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