Austin Real Estate Market Trends Report | Realty Austin
Austin Real Estate Market Trends Reports
Austin Real Estate Market Report
The Austin Real Estate Market Report is put together each month by Realty Austin using the most current statistics provided by the Austin Board of Realtors. These stats on single family homes in Travis, Williamson and Hays county of the Austin MSA. The Austin market reports are here to assist you in getting educated on Austin's real estate market before you purchase your next home. If you would like similar statistics for a specific area, property type or price range, please contact us and tell us how we can help.
The average home price in Austin for November was $368,118, about the same as last year. November home sales were up over last year and median home prices edged higher to $299,000. With only 2.9 months of inventory Austin continues to be well within a seller’s market. However, new listings increased 13.2% so sellers are going to have to become more flexible as buyers have more options to choose from. We expect Austin to continue trending toward a more balanced market in 2018.
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