Housing market continues to bounce back; real estate is vital to early economic recovery

AUSTIN, Texas—According to the latest Central Texas Housing Market Report released by the Austin Board of REALTORS® (ABoR), the Austin-Round Rock Metropolitan Statistical Area (MSA) continues to exhibit resiliency in the face of COVID-19. The MSA posted its second consecutive month of strong home sales numbers with a 21.5% increase in July sales year over year. The robust increase demonstrates the vital role real estate will play as the region begins its economic recovery from the COVID-19 pandemic. 

In addition to the 21.5% jump to 4,537 home sales across the five-county MSA, the median price increased 10.7% to $353,000 and sales dollar volume also soared 36.7%

June

Important- If you bought a homestead property in 2019 & moved in prior to Jan. 1, 2020, you have until April 30th, 2020 to file your homestead tax exemption. Here are necessary links: Travis County Williamson County Hays County Bastrop County

Austin area closes decade with record-breaking $13B in home sales

Single-family home sales increased by 84% since 2010

AUSTIN, TX – While Austin continued to rank high on “Best of U.S." lists, Central Texas REALTORS® sold more homes in 2019 than any year on record, according to the latest Austin Board of

Austin housing market on track for record sales as home sales jump throughout MSA

The Central Texas real estate market is headed for record-breaking sales this year. November home sales throughout the five-county Metropolitan Statistical Area (MSA) pushed the year-to-date total to 30,561 sales, which is approximately 300 homes shy of last year's total sales volume. Each county experienced a double-digit increase in home sales; the city of Austin slightly rose 4.5% to 670 sales, according to the Austin Board of REALTORS® latest Central Texas Housing Market Report. 

"Because the demand in Austin continues to outpace the supply, the market is experiencing increased urban sprawl," Kevin P. Scanlan, 2019 president of the Austin Board of REALTORS®,