Austin-area Real Estate Market Report April 2015
Austin-area housing inventory shows a balanced housing market according to the Real Estate Center at Texas A&M University. Austin’s housing inventory was unchanged from March 2014 at 2.2 months well below the 6.5 month level.
Austin-area Single-family home sales increased 13 percent year-over-year to 2,440 home sales in March 2015 although most homes sold were outside the Austin city limits in surrounding cities.
Cedar Park, Leander, Round Rock, Pflugerville, Georgetown, Kyle and Buda helped the Austin-area homes sales increased 10 percent year-over-year to $255,000 in March 2015.
March 2015 Statistics
- 2,440 – Single-family homes sold, 13 percent more than March 2014.
- $255,000 – Median price for single-family homes, 10 percent more than March 2014.
- $334,758 – Average price for single-family homes, 13 percent more than March 2014.
- 55 – Average number of days single-family homes spent on the market, four days more than March 2014.
- 3,402 – New single-family home listings on the market, six percent more than March 2014.
- 5,274 – Active single-family home listings on the market, six percent more than March 2014.
- 2,812 – Pending sales for single-family homes, five percent more than March 2014.
- 2.2 – Months of inventory* of single-family homes, statistically unchanged from March 2014.
- $816,809,520 – Total dollar volume of single-family properties sold, 28 percent more than March 2014.
Whether seller or buyer you can count on Bob Ratliff, REALTOR®.
Bob has been helping buyers and sellers over fourteen years serving the Greater Austin-area markets.
Bob Ratliff, REALTOR (512) 587-5689
information deemed reliable but not guaranteed all rights reserved by author. information gathered through the Austin Multiple Listing Service ABOR.
Comments(29)