Austin Area Real Estate Statistics November 2019

Posted by The JBGoodwin Team on Monday, December 30th, 2019 at 6:39am.

We're nearing the end of a prosperous year here in Austin. It's a great time to check in on the status of the local Austin real estate market! We invite you to take a look at the real estate market report for November 2019, courtesy of the professionals at JB Goodwin and the Austin MLS®.

11 months into the year, the Austin market has seen a total of 33,847 units sold, a 6% increase over last year's numbers. Median home prices hold steady compared to last months, but are up 2.5% compared to last year.

Unsurprisingly, demand continues to rise, up 6% over last year. As a result of a huge demand, supply continues to dwindle, down 14% with just 2.1 months supply.

To recap, the Austin real estate market continues to boom. Without a doubt, it's a great to own property in the city and sell!

Want to learn more about buying or selling a home in Austin? Talk to one of our expert agents at JB Goodwin who are always happy to help!

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