Here’s the Austin MLS Sold Comparison chart from July 2007 to July 2019 brought to you by Austin MLS® and yours truly.
Austin's real estate market has slowed a bit, but it's still an amazing place to sell with a striking rise in home prices. As of July 2019, the median home price in Austin was $310,500, which is already up 2% from last year.
Even though it’s more expensive than ever to buy a home, they’re selling fast. In fact, there’s a 4% increase in units sold compared to 2018.
Here are other important statistics to pay attention to:
- Inventory has decreased 4%
- Demand has increased 4%