Austin Real Estate | MLS Sold Comparison 2005-2017
Posted by Mary Ann Castro on
The hot Austin real estate market didn’t disappoint the speculators and only seemed to rapidly gain steam as the summer months drew on. But, how did we get here? Despite a brief 3-year decline during “The Great Recession” of the late-2000s, the Austin real estate market very quickly bounced back. Between 2011 and 2013 alone there were 9,000 more homes sold in Austin—going from a paltry 21,208 to over 30,000. Take a look at these numbers and more in the image below.
Key Statistics
- 936 more homes sold in August 2017 than August 2016.
- Home prices up 5.5% in 2017.
- 16% more homes put up for sale in August 2017 than August 2016.
- Inventory is still well below 2010’s balanced market.
1415 Views, 0 Comments