Contracts Low in Austin Metro Area Real Estate Market

The Austin Metro Area market seems to be approaching a bottom, as the number of contracts executed fell to 1,867, the lowest levels since last January. Meanwhile, sales came in at 1,909 homes sold over the last 30 days. Travis County had 1,009 contracts executed, making it the top contributor. The median sales price climbed to $289,900 over the latest reporting period for the Austin Metro Area, up from $288,000. Despite the falling contracts numbers, there are only three months of inventory remaining, indicating that the Austin Metro Area is a still seller's market.

Want to get a head start on other buyers? Check out these new listings in the Austin Metro Area:

$750K   $699K   $495K  

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

Demographic facts about the Austin Metro Area:

  • The population growth rating is 81. (Scale: 1 = Worst, 100 = Best)
  • This area has 222.3 physicians per 100,000 people.
  • This area has a health cost index score of 98.0. (100 = national average)
  • Residents who travel to work by car account for 73.7% of all commuters, while carpools account for 13.2%, and public transit makes up 2.9%.

Data reported through 1/11/2017


Ask a local expert about this area:
Donna Homes, a Private Label Realty affiliate
Berkshire Hathaway Texas Realty
Snapped 8 homes in this area
Home Pros Real Estate Group
Snapped 11 homes in this area

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