Austin Real Estate Market Update
December 11, 2024: The Austin-Area MLS has 12,767 active residential properties for sale and 3,817 pending properties, resulting in an Activity Index of 23.02%. Out of the 30 cities in Central Texas, months of inventory range from 2.42 to 11.00, with the Austin-Area currently at 4.5. The median sold price is $470,000, and the average sold price is $613,473. Compared to the market peak of May 2022, the average sold price has decreased by (-14.55%). Properties are spending an average of 73 days on the market, and 54.49% of active listings have undergone a price drop. The sold-to-list price ratio is 96.92%.
Below is a selection of resources designed to empower your real estate decisions below. Whether you're a seasoned investor, considering your first purchase, or navigating the rental market, our comprehensive tools and reports provide you with the insights you need to navigate the market with confidence.
Weekly Market Updates
- 2024
- 2023
In-Depth Analysis for Investors and Homebuyers
- Investment Insights
- Landlord's Rental Analysis
- Renting vs Buying
- Freddie Mac House Price Index
- The State of the Market Today
Special Listing Condition
- Assumable Loan Process
- Notice of Default
- Real Estate Owned (REO)
- Pre-Foreclosure
- Subject-To
- Short Sale