Welcome to the latest edition of the JB Goodwin real estate market stats report, direct from the MLS®!
Upward is the overall trend more or less across the board. Inventory is actually up 700 units compared to 2017 figures, even though its down 2,000 units overall compared to eight years ago.
It was quite a year in Austin! The total units sold this past year amounted to 34,435, with a median price of $304,900, up 4% from the previous year.
Here are a few key stats to look for:
- Demand is up 3%
- Overall inventory is still low, with just a 2.3 months supply
- Total units sold for 2018 is up 1.5% compared to 2017