Surging New Listings and Increased Inventory
“Higher home prices and mortgage rates have diminished affordability for first-time homebuyers over the past few years, but February provided encouragement for these aspiring homeowners. We’ve witnessed a significant surge in new listings, predominantly among more affordable and attainable homes—particularly those priced under $400,000. The increase in housing options presents a promising opportunity for Central Texans who want to become homeowners.” - Kent Redding
$1,27+ billion total home sales
3,987
New Listings
8,102
Active Listings
2,863
Pending
2,310
Closed Sales
“Housing is the most crucial infrastructure within a community. ABoR will continue to advocate for making homeownership attainable to more Austinites and looks forward to continuing to participate as a stakeholder in important policy discussions and providing recommendations to make the greatest impact on our housing supply." - kent Redding
$552,785
AVG Sales Price
83
Days on Market
$262
Price Per Sqft
3.2
Months of Supply