Happy Friday, Y’all! The latest market stats for Austin are here. And according to the Austin Board of Realtors' June 2022 Central Texas Housing Market Report, h
ome sales dropped 22.9% year-over-year to 1,048 sales,
while the median price rose 7.9% to $615,000 – setting a record for the month
During the same period, new listings increased 15% to 1,922 listings and active listings skyrocketed
144.9% to 1,935 active listings. A great update for potential buyers, the recent report also showed that h
ousing inventory increased 1.1
months of inventory to 1.8 months of inventory (keep reading below for more details!)
If you're considering buying or selling at this time and are looking for some realtor advice or have any questions at all, please let me know! I'd be happy to discuss the current market and help you with any of your current real estate goals.
Hope you all have a fantastic weekend ahead!