Austin Real Estate Market Data

The Austin Market Moves really fast. We work tirelessly to make sure that we are up to date on the market trends in our local Area.  Markets can change quickly so reach out to day to get a a custom tailored answer to what is going on in your local market. 

What Do Supply and Demand Tell Us About Today’s Housing Market?

What Do Supply and Demand Tell Us About Today’s Housing Market?

October 6, 2021

There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is very low, prices can rise significantly. Understanding the impact both supply and demand have can provide the answers to a few popular questions about …

Austin-Round Rock MSA housing market calming, still a top-market in U.S.

Austin-Round Rock MSA housing market calming, still a top-market in U.S.

September 24, 2021

Sales activity reflects typical seasonality, price gains maintained  AUSTIN, Texas – According to the Austin Board of REALTORS® (ABoR) August 2021 Central Texas Housing Report, home sales decreased 4.6% compared to August 2020. The data indicates the market is calming as typical seasonality has returned in terms of number of closings, even as median sales prices maintained the gains made over the course of 2021. Despite setting a record for the month of August with a median sales price of $470,000 across the …