Austin Real Estate Statistics - 2018
December 2018 Statistics
Single-family home sales volume in the city of Austin decreased in December 2018. Of single-family homes sold, 13 percent sold for less than $250,000; 58.7 percent sold between $250,000-$500,000; and 28.3 percent sold for $500,000 or more.
Single-Family Home Sales - Single-family home sales volume in the city of Austin dipped 17.3 percent year over year to 669 sales in December. Homes priced between $300,000 and $399,999 had the largest sales volume.
Median Home Price - In December, the median price for single-family homes in the city of Austin increased 6.2 percent to $376,875. The sales dollar volume of single-family homes sold within the Austin city limits was $305,799,901, decreasing 13.3 percent from the previous December.
Monthly Housing Inventory - Housing inventory levels throughout the city of Austin remained critically low in most price classes, with less than two months of inventory for single-family homes priced under $750,000.
Housing inventory of single-family homes in the city of Austin decreased 0.1 months from December 2017 to 1.4 months of inventory, which is well below the balanced housing market projection by the Real Estate Center at Texas A&M University.
Listing Activity - In December 2018, single-family homes in the city of Austin spent an average of 48 days on the market. During the same period, new listings decreased 3.4 percent to 399 listings; active listings decreased 5 percent to 1,076 listings, and pending sales slightly increased 1.1 percent to 568 pending sales.
November 2018 Statistics
Single-family home sales volume in the city of Austin decreased in November 2018. Of single-family homes sold, 12.8 percent sold for less than $250,000; 58.8 percent sold between $250,000-$500,000; and 28.4 percent sold for $500,000 or more.
Single-Family Home Sales - Single-family home sales volume in the city of Austin decreased 5.4 percent year over year to 618 home sales in November. Homes priced between $300,000 and $399,999 had the largest sales volume.
Median Home Price - This November, the median price for single-family homes in the city of Austin rose 5 percent to $374,900. The sales dollar volume of single-family homes sold within the Austin city limits was $288,251,771, remaining unchanged from the previous November.
Monthly Housing Inventory - Housing inventory levels throughout the city of Austin remained critically low in most price classes, with less than two months of inventory for single-family homes priced under $750,000.
Housing inventory of single-family homes in the city of Austin decreased 0.1 months from November 2017 to 1.9 months of inventory, which is well below the balanced housing market projection by the Real Estate Center at Texas A&M University. Single-family homes priced above $750,000 had the greatest inventory.
Listing Activity - In November 2018, single-family homes in the city of Austin spent an average of 46 days on the market. During the same period, new listings decreased 3.9 percent to 697 listings; active listings decreased 2.4 percent to 1,487 listings, and pending sales decreased 4.6 percent to 638 pending sales.
October 2018 Statistics
Single-family home sales volume in the city of Austin increased significantly in October 2018. Of single-family homes sold, 11.8 percent sold for less than $250,000; 61.2 percent sold between $250,000-$500,000; and 26.9 percent sold for $500,000 or more.
Single-Family Home Sales - Single-family home sales volume in the city of Austin increased 7.8 percent year over year to 735 home sales in October. Homes priced between $300,000 and $399,999 had the largest sales volume.
Median Home Price - This October, the median price for single-family homes in the city of Austin increased 3.7 percent to $377,000. The sales dollar volume of single-family homes sold within the Austin city limits was $342,644,303, reflecting an 11.9 percent increase from the previous October.
Monthly Housing Inventory - Housing inventory levels throughout the city of Austin remained critically low in most price classes, with less than one month of inventory for single-family homes priced under $200,000.
Housing inventory of single-family homes in the city of Austin decreased 0.2 months from October 2017 to 2.1 months of inventory, which is well below the balanced housing market projection by the Real Estate Center at Texas A&M University. Single-family homes priced above $750,000 had the greatest inventory.
Listing Activity - In October of 2018, single-family homes in the city of Austin spent an average of 50 days on the market. During the same period, new listings increased 5 percent to 878 listings; active listings decreased 5.4 percent to 1,643 listings, and pending sales decreased 2.2 percent to 711 pending sales.
September 2018 Statistics
Single-family home sales volume in the city of Austin remained relatively unchanged in September 2018. Of single-family homes sold, 13.2 percent sold for less than $250,000; 60.6 percent sold between $250,000-$500,000; and 26.2 percent sold for $500,000 or more.
Single-Family Home Sales - Single-family home sales volume in the city of Austin decreased 0.9 percent year over year to 702 home sales in September. Homes priced between $300,000 and $399,999 had the largest sales volume.
Median Home Price - This September, the median price for single-family homes in the city of Austin slightly increased 3.3 percent to $365,000. The sales dollar volume of single-family homes sold within the Austin city limits was $324,865,480, reflecting an 8.3 percent increase from the previous September.
Monthly Housing Inventory - Housing inventory levels throughout the city of Austin remained critically low in most price classes, with less than one month of inventory for single-family homes priced under $250,000.
Housing inventory of single-family homes in the city of Austin decreased 0.3 months from September 2017 to 2.1 months of inventory, which is well below the balanced housing market projection by the Real Estate Center at Texas A&M University. Single-family homes priced above $750,000 had the greatest inventory.
Listing Activity - In September of 2018, single-family homes in the city of Austin spent an average of 38 days on the market. During the same period, new listings decreased 11.3 percent to 803 listings; active listings decreased 11.8 percent to 1,660 listings, while pending sales increased 4.6 percent to 703 pending sales.
August 2018 Statistics
Single-family home sales volume in the city of Austin remained flat in August 2018. Of single-family homes sold, 9.7 percent sold for less than $250,000; 59.8 percent sold between $250,000-$500,000; and 30.5 percent sold for $500,000 or more.
Single-Family Home Sales - Single-family home sales volume in the city of Austin remained at 901 home sales, the same as the previous August. Homes priced between $300,000 and $399,000 had the largest sales volume.
Median Home Price - This August, the median price for single-family homes in the city of Austin increased 9.2 percent to $393,000. The sales dollar volume of single-family homes sold within the Austin city limits was $446,067,482, representing an 11 percent increase from the previous August.
Monthly Housing Inventory - Despite an increase in home sales and sales volume, housing inventory levels throughout the city of Austin remained critically low in most price classes, with less than one month of inventory for single-family homes priced under $200,000.
Housing inventory of single-family homes in the city of Austin decreased 0.2 months from August 2017 to 2.2 months of inventory, which is well below the balanced housing market projection by the Real Estate Center at Texas A&M University. Single-family homes priced above $750,000 had the greatest inventory.
Listing Activity - In August 2018, single-family homes in the city of Austin spent an average of 38 days on the market. During the same period, new listings increased 10.5 percent to 1,045 listings and active listings decreased 8.2 percent to 1,735 listings, while pending sales increased 8.7 percent to 824 pending sales.
July 2018 Statistics
Single-family home sales volume in the city of Austin experienced a double-digit percent increase in July 2018. Of single-family homes sold, 10.5 percent sold for less than $250,000; 59 percent sold between $250,000-$500,000; and 30.5 percent sold for $500,000 or more.
Single-Family Home Sales - Single-family home sales volume in the city of Austin spiked 13.5 percent year-over-year to 952 home sales in July. Homes priced between $300,000 and $399,000 had the largest sales volume.
Median Home Price - This July, the median price for single-family homes in the city of Austin increased 6 percent to $390,000. The sales dollar volume of single-family homes sold within Austin's city limits was $451,315,853, representing a 19.8 percent increase from the previous July.
Monthly Housing Inventory - Despite an increase in home sales and sales volume, housing inventory levels throughout the city of Austin remained critically low in most price classes, with less than one month of inventory for single-family homes priced under $250,000.
Housing inventory of single-family homes in the city of Austin decreased 0.4 months from July 2017 to 2.1 months of inventory, which is well below the balanced housing market projection by the Real Estate Center at Texas A&M University. Single-family homes priced above $750,000 had the greatest inventory.
Listing Activity - In July 2018, single-family homes in the city of Austin spent an average of 32 days on the market. During the same period, new listings decreased 7 percent to 1,066 listings; active listings decreased 13.8 percent to 1,675 listings; and pending sales increased 11.6 percent to 904 pending sales.
June 2018 Statistics
Single-family home sales volume decreased within the city of Austin in June 2018. Of single-family homes sold, 10.2 percent sold for less than $250,000; 58.8 percent sold between $250,000-$500,000; and 31 percent sold for $500,000 or more.
Single-Family Home Sales - Single-family home sales volume in the city of Austin decreased 4.5 percent year-over-year to 988 home sales in June. Homes priced between $300,000 and $399,000 had the largest sales volume.
Median Home Price - This June, the median price for single-family homes in the city of Austin slightly decreased, down 0.4 percent to $388,000. The sales dollar volume of single-family homes sold within the Austin city limits was $491,703,794, representing a 2.2 percent decrease from the previous June.
Monthly Housing Inventory - Housing inventory levels throughout the city of Austin remained critically low in most price classes, with less than one month of inventory for single-family homes priced under $250,000.
Housing inventory of single-family homes in the city of Austin decreased 0.3 months from June 2017 to 2.1 months of inventory, which is well below the balanced housing market projection by the Real Estate Center at Texas A&M University. Single-family homes priced above $750,000 had the greatest inventory.
Listing Activity - In June 2018, single-family homes in the city of Austin spent an average of 30 days on the market. During the same period, new listings decreased 3.2 percent to 1,231 listings and active listings decreased 9.2 percent to 1,669 listings. Pending sales increased 6.7 percent to 973 pending sales.
May 2018 Statistics
Single-family home sales volume steadily increased within the city of Austin in May 2018. Of single-family homes sold, 9.8 percent sold for less than $250,000; 61.4 percent sold between $250,000-$500,000; and 28.8 percent sold for $500,000 or more.
Single-Family Home Sales - Single-family home sales volume in the city of Austin increased 5.9 percent year-over-year to 1,037 home sales in May. Homes priced between $300,000 and $399,000 had the largest sales volume.
Median Home Price - This May, the median price for single-family homes in the city of Austin increased 3.7 percent to $389,000. The sales dollar volume of single-family homes sold within the Austin city limits was $477,587,045, representing a 4.1 percent increase from the previous May.
Monthly Housing Inventory - Housing inventory levels throughout the city of Austin remained critically low in most price classes, with less than one month of inventory for single-family homes priced under $250,000.
Housing inventory of single-family homes in the city of Austin decreased 0.1 months from May 2017 to 2 months of inventory, which is well below the balanced housing market projection by the Real Estate Center at Texas A&M University. Single-family homes priced above $750,000 had the greatest inventory.
Listing Activity - In May single-family homes in the Austin-Round Rock MSA spent an average of 46 days on the market, three more days than the previous May. During the same period, new listings increased 4.6 percent to 4,464 listings; active listings increased 0.8 percent to 6,848 listings; and pending sales rose 6.3 percent to 3,436 pending sales.
APril 2018 Statistics
Single-family home sales volume steadily increased within the city of Austin in April 2018. Of single-family homes sold, 10.8 percent sold for less than $250,000; 56.8 percent sold between $250,000-$500,000; and 32.4 percent sold for $500,000 or more.
Single-Family Home Sales - Single-family home sales volume in the city of Austin increased 7.4 percent year-over-year to 859 home sales in April. Homes priced between $300,000 and $399,000 had the largest sales volume.
Median Home Price - This April, the median price for single-family homes in the city of Austin increased 9.3 percent to $399,000. The sales dollar volume of single-family homes sold within the Austin city limits was $420,946,927, representing a 18.4 percent increase from the previous April
Monthly Housing Inventory - Housing inventory levels throughout the city of Austin remained critically low in most price classes, with less than one month of inventory for single-family homes priced under $250,000.
Housing inventory of single-family homes in the city of Austin decreased 0.4 months from April 2017 to 1.7 months of inventory, which is well below the balanced housing market projection by the Real Estate Center at Texas A&M University. Single-family homes priced above $750,000 had the greatest inventory.
Listing Activity - In April 2018, single-family homes in the city of Austin spent an average of 37 days on the market, four more days than the previous April. During the same period, new listings increased 3 percent to 1,308 listings and active listings decreased 16.2 percent to 1,313 listings. Pending sales, however, increased 20.7 percent to 1,078 pending sales.
March 2018 Statistics
Single-family home sales volume steadily increased within the city of Austin in March 2018. Of single-family homes sold, 13.7 percent sold for less than $250,000; 60.5 percent sold between $250,000-$500,000; and 25.8 percent sold for $500,000 or more.
Single-Family Home Sales - Single-family home sales volume in the city of Austin increased 8.5 percent year-over-year to 831 home sales in March. Homes priced between $300,000 and $399,000 had the largest sales volume.
Median Home Price - This March, the median price for single-family homes in the city of Austin barely increased 0.1 percent to $370,000. The sales dollar volume of single-family homes sold within the Austin city limits was $381,549,084, representing a 12.9 percent increase from the previous March.
Monthly Housing Inventory - Housing inventory levels throughout the city of Austin remained critically low in most price classes, with less than one month of inventory for single-family homes priced under $299,000.
Housing inventory of single-family homes in the city of Austin decreased 0.2 months from March 2017 to 1.5 months of inventory, which is well below the balanced housing market projection by the Real Estate Center at Texas A&M University. Single-family homes priced above $750,000 had the greatest inventory.
Listing Activity - In March 2018, single-family homes in the city of Austin spent an average of 46 days on the market, five fewer days than the previous March. During the same period, new listings decreased 10.5 percent to 1,170 listings and active listings decreased 11.6 percent to 1,178 listings. Pending sales, however, increased 5.4 percent to 951 pending sales.
February 2018 Statistics
Single-family home sales volume slightly decreased within the city of Austin in February 2018. Of single-family homes sold, 14 percent sold for less than $250,000; 62 percent sold between $250,000-$500,000; and 24 percent sold for $500,000 or more.
Single-Family Home Sales - Single-family home sales volume in the city of Austin decreased 6.7 percent year-over-year to 599 home sales in February 2018. Homes priced between $300,000 and $399,000 had the largest sales volume.
Median Home Price - In February 2018, the median price for single-family homes in the city of Austin rose 12.2 percent to $367,701. The sales dollar volume of single-family homes sold within the Austin city limits was $267,882,983, representing a 2.5 percent decrease from the previous February.
Monthly Housing Inventory - Housing inventory levels throughout the city of Austin remained critically low in most price classes. Inventory levels for single-family homes priced under $300,000 have less than one month of inventory.
Housing inventory of single-family homes in the city of Austin decreased 0.1 months from February 2017 to 1.3 months of inventory, well below the balanced housing market projection by the Real Estate Center at Texas A&M University. Single-family homes priced above $750,000 had the highest inventory.
Listing Activity - In February 2018, single-family homes in the city of Austin spent an average of 63 days on the market, one more day than the previous February. During the same period, new listings decreased 1.9 percent to 832 listings and active listings decreased 6.3 percent to 1,028 listings. Pending sales, however, increased 3.2 percent to 715 pending sales
January 2018 Statistics
Single-family home sales volume slightly increased within the city of Austin in January 2018. Of single-family homes sold, 19.8 percent sold for less than $250,000; 58 percent sold between $250,000-$500,000; and 22.2 percent sold for $500,000 or more.
Single-Family Home Sales - Single-family home sales volume in the city of Austin increased 1.5 percent year-over-year to 482 home sales in January 2018. Homes priced between $300,000 and $399,000 had the largest sales volume.
Median Home Price - In January 2018, the median price for single-family homes in the city of Austin rose 10.2 percent to $347,000. The sales dollar volume of single-family homes sold in Austin city limits was $198,669,850, representing a 4 percent increase from the previous January.
Monthly Housing Inventory - Housing inventory levels throughout the city of Austin remained critically low in most price classes. Inventory levels for single-family homes priced under $300,000 have less than one month of inventory.
Housing inventory of single-family homes in the city of Austin decreased 0.1 months from January 2017 to 1.3 months of inventory, well below the balanced housing market projection by the Real Estate Center at Texas A&M University. Single-family homes priced above $750,000 had the greatest inventory.
Listing Activity - In January 2018, single-family homes in the city of Austin spent an average of 53 days on the market, one more day than the previous January. During the same period, new listings decreased 13.4 percent to 619 listings; active listings decreased 7.3 percent to 977 listings; and pending sales increased 1.9 percent to 697 pending sales.