Austin Real Estate Market Extends Increase in Contracts

Over the last 30 days, the number of homes sold in the Austin ticked up to 43. While the sales increased, the amount of pending transactions also trended upward, reaching a total of 77 during the same period. The median sales price dropped to $80,000, potentially helping to reduce the four months of inventory left to be sold.

Trying to find a more traditional home in Austin? Then check out these listings that were built before most others in the market:

$159K   $149K   $120K  

Get started right now by checking out Austin homes for sale or reviewing Austin real estate trends.

Demographic facts for Austin:

  • The average age is 33 years old for the population in this area.
  • The area's health cost index score is 104.0. (100 = national average)
  • The commute times can range from: <15 min (7.0%), 15-29 min (25.1%), 30-44 min (31.6%), 45-59 min (17.2%), >60 min (19.1%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Jameson Sotheby's Intl Realty
3 reviews
EXIT Strategy Realty
Snapped 1 home in this area
Snapped 1 home in this area

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