City of Austin
In the city of Austin, single-family home sales remained flat at 481 sales in January. During the same period, sales dollar volume increased 10.4 percent to $218,598,560. The median price of single-family homes increased slightly—1.7 percent to $353,250. New listings increased 24.4 percent to 784 listings, active listings increased 10.5 percent to 1,093 listings and pending sales increased 2.1 percent to 684 pending sales. Monthly housing inventory increased by 0.1 months to 1.4 months of inventory.
In Travis County, January single-family home sales increased 3.9 percent year over year to 806 home sales; sales dollar volume experienced a double-digit percent increase of 12.8 percent to $360,545,574. The median price for single-family homes rose 1.6 percent to $334,400. During the same period, new listings increased 20.7 percent to 1,361 listings; active listings increased 11.2 percent to 2,490 listings; and pending sales increased 8.8 percent to 1,167 pending sales. Monthly housing inventory increased 0.2 months year over year to 2.0 months of inventory.
*Per the Austin Board of Realtors