Austin- Round Rock MSA August 2023 Housing Report

By |2023-09-14T17:37:52-05:00September 14, 2023|Market Reports|

Please keep in mind this is for the entire metropolitan area. If you want zip code specific stats, I am happy to get them to you! First off, we have the Months Supply of Inventory, which currently stands at 3.8. This metric represents the number of months it would take to sell all the available homes on the market, given the current sales pace. A lower supply indicates a seller's market, where demand exceeds supply, potentially leading to increased competition among buyers. Next, let's consider the 12-month change in Months of Inventory, which shows an increase from 2.8 months of [...]

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Killeen-Temple MSA August 2023 Housing Report

By |2023-09-14T17:16:02-05:00September 14, 2023|Market Reports|

When it comes to understanding the real estate market, there are several key metrics that can provide valuable insights for both buyers and sellers. Let's dive into the correlation between these metrics and what they mean for you. First, let's take a look at the months supply of inventory, which stood at 31 in August. This metric represents the number of months it would take to sell all the available homes on the market, given the current sales pace. A lower months supply indicates a seller's market, where demand outpaces supply, putting sellers in a favorable position. However, it's important [...]

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Austin Residential Market Trends

By |2023-07-17T11:18:10-05:00July 17, 2023|Market Reports|

June 2023 Market Update for Austin, Texas  The Austin real estate market is sizzling, and here are the latest market trends you need to know: 1️⃣ Inventory Update: Currently, there are only 4.47 months supply of inventory in Austin. This means there is high demand and limited supply. 2️⃣ Inventory Growth: Over the last 12 months, the Months Supply of Inventory has surged by an impressive +92.67%. This indicates a rapidly evolving market. 3️⃣ List to Sold Price: The List to Sold Price percentage stands strong at 97.7%. This shows that sellers are receiving close to their asking price, giving [...]

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Austin-Round Rock MSA April 2023 Housing Report

By |2023-06-18T10:04:54-05:00May 15, 2023|Market Reports|

Staying informed about the latest housing market trends is essential for home owners, sellers, and buyers! Here you can see the Texas REALTORS® snapshot of the April housing market report for the Austin-Round Rock Metropolitan Area. It provides key metrics such as active listings, closed sales, median house price, and days on market. By understanding these numbers, you can gain valuable insights into the current state of the local Austin housing market and make more informed decisions. Active Listings: The number of active listings represents the total properties available for sale during a specific period. In the April housing market [...]

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