Have no fear, the April 2018 real estate statistics for Austin are here!
The total units sold as well as the median price of homes in Austin are both up, with 7% and 2% increases respectively. These are impressive numbers despite a drop in inventory of 2.8%.
In fact inventory levels are down 4,600 units compared to eight years ago.
Important market notes:
- Overall demand is up 7%
- More than 10,000 units have been sold this year to date
- Inventory remains low, at only 2.4 months