Austin TX Real Estate Listings & Homes For Sale

The housing market in Austin, Texas, shows signs of competitiveness. In June 2023, the median sale price of homes in Austin was $605,000, which indicates a decrease of 2.9% compared to the previous year. Additionally, the median sale price per square foot in Austin is $337, reflecting a decline of 10.6% since last year.

The Austin housing market has experienced a slight decline in median sale prices, with a 2.9% decrease compared to the previous year. Homes are selling relatively steadily, spending an average of 42 days on the market compared to 29 days in the last year. Furthermore, 1,010 homes were sold in June this year, representing a decrease from 1,169 homes sold the same month the previous year.

While the market is somewhat competitive, with homes receiving an average of 3 offers, the decrease in median sale prices and the number of homes sold may indicate a shift in the market dynamics. The average time for homes to sell is 44 days, meaning the market is active but not overly fast-paced. Buyers in Austin may find opportunities in the current market conditions. Still, it is essential to consider the competitive nature of the market and the trend of declining prices before making a purchase decision.