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July 2018 Austin Market Report

The Kent Redding Group

Purpose DRIVEN ♥ Passion LED ♥ People FOCUSED #1 Berkshire Hathaway Team in Texas 

Purpose DRIVEN ♥ Passion LED ♥ People FOCUSED #1 Berkshire Hathaway Team in Texas 

Aug 16 1 minutes read

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. 

Key Takeaways


  • DOUBLE DIGIT HOME SALES

  • LOW HOUSING INVENTORY

  • STRONG PENDING SALES

  • HOUSING CONSTRUCTION AT ALL TIME HIGH IN CENTRAL TEXAS

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