Austin Real Estate Statistics - 2019
In 2019, Austin’s median home price increased by 5.3% to $395,000 compared to the previous year. During the same period, sales rose by 1.8% to 9,572 homes and sales dollar volume grew 6.9% to $4,678,400,967. In December, the median home price increased 8% year over year to $405,093 and sales increased 8.9% year over year to 738 home sales. Austin’s monthly housing inventory decreased in December from 0.5 months to 0.9 months of inventory.
In the city of Austin, the median price for a single-family home increased 10.6% to $405,000—the highest median price for any November on record. Single-family home sales increased 4.5% to 670 sales and sales dollar volume increased by 12.7% to $329,203,254. The median price for single-family homes rose 10.6% year over year to $405,000. During the same period, new listings decreased 15.1% to 595 listings; active listings decreased 33.3% to 997 listings; however, pending sales jumped 14.1% to 688 pending sales. Monthly housing inventory decreased 0.6 months year over year to 1.3 months of inventory.
In the city of Austin, the median price for a single-family home increased 8.9% to $405,000—the highest median price for any October on record. The city’s escalating demand and record-breaking median home price resulted in a 21.4% increase in sales dollar volume, raising October’s total to $407,873,084. During the same period, new listings decreased 5% to 840 listings; active listings decreased 25.1% to 1,229 listings; however, pending sales increased 8.4% to 745 pending sales. Housing inventory decreased 0.6 months year over year to 1.5 months of inventory.
In the city of Austin, single-family home sales increased by 14.8% to 798 sales in September. During the same period, sales dollar volume spiked 23.3% to $393,731,739. New listings remained flat at 808 listings; active listings decreased 24% to 1,274 listings; and pending sales jumped by 20.3% to 824 pending sales. Housing inventory decreased 0.5 months year over year to 1.6 months of inventory.
Single-family home sales increased 3.3% this August to 936 sales in the city of Austin. During the same period, sales dollar volume increased 7.1% to $479,729,986, and the median price for single-family homes rose 2.7% year over year to $400,500. New listings decreased 10.3% to 947 listings; active listings dropped 19% to 1,418 listings; but pending sales jumped 15.2% to 894 pending sales. Monthly housing inventory decreased 0.4 months year over year to 1.8 months of inventory.
Single-family home sales remained stagnant this July at 943 sales in the city of Austin. However, sales dollar volume increased by 4.9% to $463,693,858. The median price for single-family homes rose 6.9% year over year to $410,000. During the same period, new listings remained flat at 1,080 listings; active listings decreased 14.7% to 1,435 listings; but pending sales jumped 10.2% to 948 pending sales. Monthly housing inventory decreased 0.2 months year over year to 1.9 months of inventory.
In June, the city of Austin home sales decreased 2.3% to 985 home sales as the median price experienced a double-digit percent increase of 10.9% to $420,000. Housing inventory decreased 0.2 months to 1.9 months of inventory, and homes spent an average of 30 days on the market.
Single-family home sales decreased by 3.4% in May to 1,010 sales in the city of Austin. However, sales dollar volume increased by 7.1% to $512,126,547, illustrating higher price points and a tightening market. The median price for single-family homes rose 5.8% year over year to $407,400. During the same period, new listings decreased 3.6% to 1,263 listings; active listings decreased 11.3% to 1,349 listings, but pending sales increased 3.3% to 1,009 pending sales. Monthly housing inventory decreased 0.2 months year over year to 1.7 months of inventory.
In the city of Austin, the median home price in April increased year over year by 1.1% to $394,450. During the same period, single-family home sales increased by 3.6% to 889 sales and sales dollar volume increased by 1.1% to $421,578,061. New listings decreased 10.7% to 1,158 listings and active listings decreased 12% to 1,163 listings, but pending sales increased 4.2% to 1,070 pending sales. Inventory dropped by 0.2 months to 1.5 months of inventory.
In the city of Austin, single-family home sales decreased by 4.6% to 781 sales in March. During the same period, sales dollar volume decreased slightly by 0.4% to $371,993,004. New listings decreased 10.4% to 1,038 listings; active listings decreased 1.5% to 1,149 listings; and pending sales slightly decreased by 1% to 902 pending sales.
In the city of Austin, single-family home sales increased by 7.3 percent to 649 sales in February. During the same period, sales dollar volume increased 8.6 percent to $295,517,930. The median price of single-family homes decreased slightly—1.6 percent to $360,000. New listings increased 1 percent to 832 listings, active listings increased 7.3 percent to 1,097 listings and pending sales increased 13.4 percent to 771 pending sales. Monthly housing inventory increased 0.1 months to 1.4 months of inventory.
In the city of Austin, single-family home sales remained flat at 481 sales in January. During the same period, sales dollar volume increased 10.4 percent to $218,598,560. The median price of single-family homes increased slightly—1.7 percent to $353,250. New listings increased 24.4 percent to 784 listings, active listings increased 10.5 percent to 1,093 listings and pending sales increased 2.1 percent to 684 pending sales. Monthly housing inventory increased by 0.1 months to 1.4 months of inventory.