Austin Board of Realtors® Releases it’s Year-End 2018 Market Report

Austin Board of Realtors® December and Year-End 2018 Market Report is hot off the presses and here are some of the highlights:

  • The median price for single family homes in the Austin-Round Rock MSA stayed above $300,000 for the 10th consecutive month
  • New listings for the five-county MSA increased annually by 0.8 percent, active listings increased 2.5 percent, and pending sales increased 1.9 percent
  • Housing inventory increased in December from 2.1 to 2.3 months
  • The City of Austin saw the largest year-over-year sales price increase of all the areas comprising the MSA.  Here home prices increased 4.1% annually.
  • There continues to be a trend of families moving out of the City of Austin and into neighboring areas in pursuit of more affordable housing

For the full press release, follow the link below.

http://www.abor.com/wp-content/uploads/2019/01/December-2018-Stats-Release-FINAL.pdf