Austin Housing Market Statistics November 2022
MEDIAN PRICE FOR A HOME IN AUSTIN-ROUND ROCK MSA STAYS FLAT, NO SALES OR PRICE RECORDS SET
November housing inventory nearly quadruples
Austin, TX - For the first time since February 2019, median home prices in the Austin-Round Rock MSA experienced a 0% year over year increase, according to the Austin Board of REALTORS® November 2022 Central Texas Housing Market Report. As housing inventory and days on the market continue to steadily increase across the MSA, the report indicates normal market activity could be here to stay, as Austin’s housing market maintains its trajectory toward balance and sustainability. For the first time since the spring of 2020, there were no records broken for home sales or median price in either the MSA or City of Austin.
For additional commentary from the Austin Board of Realtors (ABOR) and market statistic breakdowns for the city of Austin and by county (Bastrop, Caldwell, Hays, Travis and Williamson), download the full report below.