Happy Thursday, Y’all! The
latest market stats for Austin are here (see below for a quick snapshot)!
According to the Austin Board of Realtors, in April,
home sales decreased 4.2% to 1,095 sales, while sales dollar volume increased 10.7% to $849,688,168.
At the same time, median price rose 16.3% setting a new all-time record of $640,000 for the City of Austin.
Last month, new listings decreased 11.8% to 1,366 listings, active listings rose 15.1% to 747 listings as pending
sales dropped by 11.4% to 1,112 pending sales. Monthly housing inventory increased 0.1 months year over year
to 0.7 months of inventory.
I will say again that if you have any interest in buying in Austin, then don’t wait! Steadily increasing home values will continue, and we don't see the hot housing demand changing anytime soon. If
I can help you with anything, from real estate advice to resources or housing needs, just let me know! I'd love to chat. :)
