Dear Buyers and Sellers, Let’s delve into the current real estate market metrics to provide you with valuable insights for your decision-making process. The Months Supply of Inventory currently stands at 1.87, indicating a low supply of available homes in the market. However, the 12-Month Change in Months of Inventory has seen an increase of […]
Southwest Austin TX January 2025 Market Update
The real estate market is currently experiencing a low inventory with only 1.95 months supply available, indicating a high demand for homes in the area. This is further supported by a 12-month change in months of inventory of +7.73%, showing a significant increase in demand compared to the previous year. Despite the limited inventory, homes […]
Southwest Austin TX December 2024 Market Update
When looking at these real estate metrics, we can see a clear correlation between the Months Supply of Inventory, the 12-Month Change in Months of Inventory, the Median Days Homes are On the Market, the List to Sold Price Percentage, and the Median Sold Price. With a Months Supply of Inventory at 2.12, this indicates […]
Southwest Austin November 2024 Residential Housing Market Update
Let’s dive into the correlation between these real estate metrics to give you a better understanding of the current market conditions according to my Southwest Austin November 2024 Residential Housing Market Update. First, let’s look at the Months Supply of Inventory, which stands at 2.35. This metric indicates how long it would take for all […]
Southwest Austin September 2024 Residential Housing Market Update
When looking at the real estate market data, we can see a correlation between the Months Supply of Inventory, the 12-Month Change in Months of Inventory, the Median Days Homes are On the Market, the List to Sold Price Percentage, and the Median Sold Price. The Months Supply of Inventory is a key indicator of […]
Southwest Austin TX August 2024 Residential Housing Market Update
Let’s break down these real estate metrics and see how they are correlated in Southwest Austin. First, the Months Supply of Inventory is at 3.28, which means it would take about 3.28 months to sell all the current homes on the market if no new listings were added. This is a fairly low number, indicating […]