Austin County Real Estate Market Extends Weakening in Contracts

Sales fell to one home sold in the Austin County market over the last 30 days. Furthermore, an identifiable downturn in the number of pending transactions continued, with three completed in the same period. As contracts trended lower, months of inventory rose, trending up for four weeks to 96 months. Austin County is still a definite buyer's market, based on the large amount of inventory to choose from and the downturn in contracts.

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Demographic facts about Austin County:

  • The percentage of the population who rent their homes is 20.5%.
  • 10-year job market growth is projected to be 36.8%.
  • For every librarian there are 664 students in this area. (803 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Cherry Creek Properties LLC
Snapped 2 homes in this area
404-784-5759
Snapped 2 homes in this area
Weichert, Realtors-Advantage
Snapped 1 home in this area

Agents that specialize in this area
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