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. 

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

Housing Stats for Counties Surrounding Austin