Team Price > Search > Market Statistics > March 2017

Market Report March 2017

Published April 06 2017 / Team Price Real Estate

New Austin Listings are at 4,884 units. Single-family home sales declined across the Austin-Round Rock Metropolitan Statistical Area (MSA) and increased in the city of Austin in March according to the March 2017 Central Texas Housing Market Report.

In the Austin-Round Rock MSA, single-family home sales decreased 1% year-over-year to 2,509 home sales, while median home price increased 6% to $295,767 over the same time frame.

Quick Stats

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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