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Tagged : Austin Real Estate Statistics

Found 23 blog entries tagged as "Austin Real Estate Statistics".

March was another historic month in the Austin housing market as 2,714 homes were sold during the month which marked the most ever recorded!  The Austin housing market continues to show increased demand, with double-digit percent increases in sales in March 2018 according to the Austin Board of REALTORS® (ABoR). The Austin-Round Rock Metropolitan Statistical Area (MSA) experienced a 10.5 percent increase in sales compared to the same time last year, the March 2018 Central Texas Housing Market Report found.

In the Austin-Round Rock MSA, the median price of single-family homes increased 3.5 percent to $305,233. Housing inventory levels decreased 0.2 months from March 2017 to 2.2 months of inventory.

In the Austin-Round Rock MSA, homes priced between

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The February 2018 Central Texas Housing Market Report showed that while home sales volume across the Austin-Round Rock Metropolitan Statistical Area (MSA) grew in February, areas with the highest market demand and lowest inventory experienced double-digit percent price increases and annual declines in sales activity.

 

In the Austin-Round Rock MSA, home sales increased 5.7 percent year-over-year in February 2018 to 1,955 sales. The median price of single-family homes increased 3.6 percent to $299,900. Housing inventory remained flat at 2.0 months, the same as last February.

City of Austin

In the city of Austin, the median price for single-family homes increased 12.2 percent to $367,701 year-over-year in February. Single-family home sales

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The solid single-family home sales growth is constant throughout the Austin-Round Rock Metropolitan Statistical Area (MSA) as is the inventory crunch.  Median home prices in the Austin area post a double digit increase over the first month of 2018.

In the Austin-Round Rock MSA, the median price of single-family homes increased by 3.6 percent year-over-year in January 2018 to $290,000. Home sales increased by 8.5 percent to 1,655 sales, citing continual demand. Housing inventory of single-family homes in the Austin-Round Rock MSA stayed at 1.9 months of inventory, the same as last January. These inventory levels remain well below the 6.0-6.5 months of inventory that the Real Estate Center at Texas A&M University projects for a balanced housing market.

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There were a lot of factors at the national and state level that would indicate a housing slowdown with Hurricane Harvey and the overhaul of the tax code, but locally homes in the In the Austin-Round Rock MSA grew at a record breaking pace in 2017.  Although compared to the previous few years there has been a normalization in the market and a large increase of new homes available throughout Austin, the price of homes increased by 5.4 percent to $299,900 in 2017. Home sales increased annually by 2.4 percent to 30,059 sales, an all-time high for the area.

City of Austin

In the city of Austin, the median price for single-family homes increased annually to $362,000—an all-time high—and sales increased annually by 2.5 percent to 9,278 sales. In

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Home sales declined in the city of Austin but increased across the Austin-Round Rock Metropolitan Statistical Area (MSA) for the second month in a row in November 2017.  Although the market is seeing a slight decrease in sales compared to the historic 2016 market, Austin continues to be one the strongest real estate markets in the nation with nearly 100 people a day moving to the region.  With the increase of new homes coming online throughout Travis, Williamson and Hays Counties the market should show more signs of stabilization as we head into 2018.  

Home sales in the city of Austin declined 3.3 percent to 653 home sales in November. During the same time frame, single-family home sales in the Austin-Round Rock MSA increased 3.7 percent

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In the month of October the greater metro area saw an increase in home sales and is outperforming the market of a year ago, but in the city of Austin sales dipped.  One of the reason for the dipping sales numbers in the city reflect the issue of a constrained market and a limited number of new home construction.  

Single-family home sales in the Austin-Round Rock MSA increased 2.2 percent year-over-year to 2,292 home sales in October 2017. During the same time frame, single-family home sales in the city of Austin declined 1.7 percent to 699 home sales. At the county level, home sales volume increased 1.4 percent year-over-year to 1,124 home sales in Travis County, increased 5.4 percent to 794 home sales in Williamson County, and increased 6.2 percent

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Home sales declined across most of the Austin-Round Rock Metropolitan Statistical Area (MSA) in September, while inventory levels continued to increase, according to the September 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.

"It is important to keep in mind that although home sales dipped in September, this is compared to 2016 which was the record setting home sale year for the Austin-area.  So while sales are down and inventory is rising there is still a healthy demand in the market well above the national and state averages."  Michele Turnquist, CEO of Engel & Volkers Austin.

Lawrence Yun, Chief Economist and Senior Vice President of Research at the National Association of REALTORS®, agreed: “Austin has

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For four consecutive months sales volume in the Austin area has eclipsed $1 Billion dollars with median home sales now over $300,000 throughout Austin.  The 2017 Central Texas summer selling season was the strongest on record in terms of single-family home sales and median price across the Austin-Round Rock Metropolitan Statistical Area (MSA). Single-family home sales volume jumped in the city of Austin in August, while median price held steady.

In August 2017, single-family home sales volume in the Austin-Round Rock MSA increased 1.0 percent year-over-year to 2,994 home sales, while home sales within the city of Austin jumped 6.1 percent year-over-year to 927 home sales. During the same month, single-family home sales volume increased 0.9 percent to

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As the summer selling season of year's past has not occurred, along with a large increase of new home inventory.  Across the Austin-area we are seeing inventory leveling and actually at its highest point since 2012!  Home sales volume held steady across the Austin-Round Rock Metropolitan Statistical Area (MSA) in July, while housing inventory levels posted strong gains, according to the July 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.

In July 2017, single-family home sales volume in the Austin-Round Rock MSA increased 2.8 percent year-over-year to 2,892 home sales, while home sales within the city of Austin declined 2.5 percent year-over-year to 832 home sales. This dip in Austin’s home sales growth

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The Austin area real estate market saw steady growth over the first half of 2017 in average prices as home sales slowed somewhat from their historic marks over the past few years.  This first sign of a normalization in the market could be positive to moderate sales activity and pricing.  In many places around Central Texas, home prices are $10,000 to $20,000 higher than just a year ago though!  See the full market analysis below.

Austin-Round Rock Metropolitan Statistical Area (MSA)

The Single-family home sales in the five-county Austin-Round Rock MSA rose 2.8 percent year-over-year to 14,958 home sales in the first half of 2017, while median price rose 6.4 percent year-over-year to $300,000. Home listings also experienced gains in the first half of

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