Austin Real Estate Market Report
Single-family home sales increased across the Austin-Round Rock Metropolitan Statistical Area (MSA), but declined throughout the City of Austin in September, according to the latest Central Texas Housing Market Report released by the Austin Board of REALTORS®.
The report stated that the City of Austin single-family home sales declined 4.5 percent year-over-year in September 2016 to 746 home sales, while home sales across the Austin-Round Rock MSA increased 1.3 percent year-over-year to 2,576 home sales. Across the Central Texas region, single-family home sales were up 6.1 percent from September 2015.
Statistics also show that the median price for City of Austin homes increased 10.6 percent year-over-year to $345,000. Across the Central Texas region, the median price for single-family homes was $275,250, an increase of 7.5 percent from September 2015. You can read the full report from the Austin Board of Realtors here.