July 2018 Austin Market Report
Home sales (and values) have been on a strong uptick nationwide thanks to low interest rates, freer lending standards and a drop in the foreclosure rate. Here in Austin we saw the highest volume of home sales since July 2011. In addition the highest median home price on record for any month.
DOUBLE DIGIT HOME SALES
LOW HOUSING INVENTORY
STRONG PENDING SALES
HOUSING CONSTRUCTION AT ALL TIME HIGH IN CENTRAL TEXAS