Hot off the press! Get up to date with what's going on with the Austin real estate market direct from the MLS®, courtesy of your friends at JB Goodwin!
There are some signs that the market may be slowing down slightly. Total units sold and median home values have remained level compared to 2018, even as inventory has grown by over 1000 units. That's an increase of 19%! Despite this increase, inventory still remains low when compared to the early part of the decade, with a supply of just 2.3 months.
Here are a few key stats to look out for:
- Demand remains level
- The median price of homes sold 1 month into the year is $294,000
- 1,797 units were sold in January throughout the city of Austin