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latest housing report

“Spring Season is typically a busy period, where over 35% of annual sales occur between March and June. Buyers are keen on securing homes before the fall and the upcoming school year in August, drawn out by the enhanced curb appeal and favorable weather conditions." Insights from ABOR President, Kent Redding


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Surging New Listings and Increased Inventory

Paige DeChausse

Paige DeChausse is a dynamic force in both the music and real estate industries, bringing her expertise and passion to each endeavor...

Paige DeChausse is a dynamic force in both the music and real estate industries, bringing her expertise and passion to each endeavor...

Mar 19 2 minutes read

“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


Homes Sold

93.8%

Sale-to-List Price


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