Austin's median home price reaches all-time high for September
Rewrite of land development code is necessary for housing solutions
AUSTIN, TX – While the summer selling season has ended for most housing markets, the Austin Board of REALTORS® latest Central Texas Housing Market Report shows a double-digit percent increase in Austin home sales, which continue to outpace inventory and drive up home prices. The median price of a single-family home in the city of Austin rose 11.9% this month to $406,000––an all-time high for any September on record.
“The adverse effect of low housing stock within the Austin area is higher home|