Exploring the Austin housing market reveals a dynamic landscape shaped by diverse factors. From population growth to economic trends, understanding the latest statistics offers valuable insights for buyers, sellers, and investors alike. Let's delve into the key metrics driving Austin's real estate scene.
Here’s What You Need to Know |
Sellers entered the new year with enthusiasm, as new listings surged over 22% compared to last January, reaching 938. Buyer activity in Austin, however, remained steady, with approximately 593 new contracts written—a slight change of less than 2% from the previous year. Home prices saw minimal fluctuation, with the median sales price rising by about 2.2% year-over-year to $569,500.
Homes on Deck in January Available inventory was up almost 10% from last year, with 2,199 active listings in January. New-to-market listings surged, with 938-- up over 22% year-over-year.
4.9 Months of Inventory An increase in new inventory and a slight decrease in sold homes brought supply up to almost 5 months' worth-- nearly 1 month's worth more than January of last year.
Sales Pulse Closed sales were down around 10% from the previous year at 404, and new contracts were down just under 2% at 593.
Price Tag Trends Median Sales Price: up 2.2% at $569,500 New Contracts Written: down 1.7% at 593 Median List Price U/C = $634,745 Average List Price U/C = $792,778 Median List Price = $599,000 Average List Price = $823,116
Buyer and Seller Clues Homes took an average of 77 days to sell, down 9 days from January 2025.
The Average Sold Price to Original List Price Ratio is a steady 91.7%. Up 2% from last year.
All in all, we’re still in a balanced spot. Sellers seem to have confidence, and buyer activity is staying consistent. |
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