Austin Real Estate MLS Statistics - November 2018

Posted by Mary Ann Castro on Monday, January 7th, 2019 at 10:50am.

Austin real estate MLS stats - November 2018

Happy new year! Here are the latest stats direct from the Austin MLS® for November of 2018. You can read JB Goodwin's full analysis of the month's sold data below.

Despite a seasonal slowdown, inventory is actually up with 700 additional units hitting the marketplace. With the year nearing its close, Austin's total inventory sits at 7,750 units. Even with this increase, the total inventory is still quite low, with a supply of just 2.7 months total.

Here are the key stats, compared to 2017 figures:

  • The median price of a home is $305,000, up 4% from 2017
  • Total inventory is up 10% from 2017
  • 31, 789 units have been sold this year to date, up 3% from 2017
Have more questions about the Austin real estate market? Please don't hesitate to contact JB Goodwin REALTORS® online today!

Share this Article with a Friend

Leave a Comment

Format example: you@domain.com
Format example: yourwebsitename.com

Subscribe for Listing Updates Now