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Austin Housing Update - March '23

housing inventory increases

Inventory increased 2.6% in February while the medium home price fell 12.2% to $436,419 and residential sales dropped 17.2% year over year.

Homes spent an average of 84 days on market in february

 

2,764

New Listings

7,167

Active Listings

2,106

Homes Sold

incentives & assistance

Ashley Jackson, ABOR President says . . . 

“Incentives, down payment assistance programs — anything that increases housing accessibility— are very important right now,” added Jackson. “Many buyers remain priced out of the market, especially in Austin proper. There is still plenty of work to do to address systemic issues in affordability, accessibility, and missing middle construction, and those should remain our community’s number one concern.”


90.9%

Sale-to-List Price


$436,419

Median Sales Price

2.6

Months of Supply

84

AVG Days on Market

$263

Average Price/SF

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


Housing Stats for Counties Surrounding Austin


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