Team Price > Search > Market Statistics > February 2017

Market Report February 2017

Published March 07 2017/ Team Price Real Estate

New Austin Listings are at 3,481 units. Single-family home sales in the Austin-Round Rock MSA were essentially flat in February 2017, increasing 0.9 percent year-over-year to 1,829 home sales. Single-family home sales declined from February 2016 in many cities surrounding Austin, with the exceptions of Buda (up 30 percent year-over-year to 26 home sales), Cedar Park (up 20.7 percent year-over-year to 70 home sales), Leander (up 8.8 percent year-over-year to 62 home sales) and Austin (up 6.4 percent year-over-year to 617 home sales).

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Homes and Condos | Austin Multiple Listing Service 

 

Home sales statistics are released on a monthly basis. Average sales price for all closed sales, not accounting for seller concessions, in a given month. For more information, please contact Team Price Real Estate at 512-213-0213. The inventory of homes for a market is measured in months, which is defined as the number of active listings divided by the average sales per month of the prior 12 months. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is balanced. Statistics from ABoR Marketing Department. All rights reserved. © Copyright 2017

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