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Austin Housing Update 2023

Biggest price drop since 2011

Home prices declined 6.3% to $450,000 in January, the largest dip since July of 2011. Monthly inventory leveled at 2.7 months which shows us the area is still in need of more housing opportunities. 6 months of inventory is industry standard for a balanced market and we're not there just yet. 

Homes spent an average of 76 days on market in January

 

2,988

New Listings

7,323

Active Listings

1,634

Homes Sold


90.1%

Sale-to-List Price


$450,000

Median Sales Price

2.7

Months of Supply

76

Average Days on Market

$268

Average Price/SF

Here's a closer, more in-depth look at the breakdown for Austin-Round Rock


Housing Stats for Counties Surrounding Austin


Curious about what
your home is worth now?

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