The stats are in, and October brought more of the same to the Austin real estate market. You can read over the full Austin MLS® sold stats below!
Inventory continues to fall, even as demand continues to rise. Compared to last month, the total number of properties available for sale is down, but still up 7.8% compared to 2017. Sales in October were up 4% compared to the same time last year.
Here are the key stats to look for:
- Total inventory in Austin is only 2.9 months
- Median home price is $305,700, compared to $293,200 in 2017
- So far in 2018, 29,334 units have been sold