September 2018 - Austin Real Estate Market Report

Posted by Sarah Thorne on Thursday, October 25th, 2018 at 6:57pm.

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 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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