Let’s break down these real estate metrics to understand how they are correlated and what they mean for buyers and sellers according to my Austin November 2024 Residential Housing Market Update. First, let’s look at the Months Supply of Inventory, which is currently at 4.28. This metric tells us how long it would take to […]
Austin September 2024 Residential Housing Market Update
Let’s break down these real estate metrics to better understand how they correlate with each other. First, the Months Supply of Inventory is 5.39, which means that at the current rate of sales, it would take approximately 5.39 months to sell all the homes on the market. This indicates a balanced market where neither buyers […]
Austin TX August 2024 Residential Housing Market Update
Let’s break down the real estate metrics to understand how they correlate and what they mean for buyers and sellers in the current market in Austin TX. First, the Months Supply of Inventory is 5.36, which indicates how long it would take for all the current homes on the market to sell at the current […]
Austin TX Real Estate Market Review for Q1-2024 | Market Insights
In Central Texas real estate, the first quarter of 2024 echoed the strides made in the preceding year, as revealed by the latest Texas Quarterly Housing Report, a definitive resource curated by Texas REALTORS®. The report, freshly unveiled, unveils a narrative of resilience and evolution within the state’s housing sector, underlining subtle shifts and steadfast […]
Unlocking the February 2024 Austin Real Estate Market Insights
Welcome back, fellow real estate enthusiasts! As we step into the new year, it’s time to dive into the market of Austin, Texas, and dissect the latest trends and statistics that shape the landscape of the city. February 2024 has brought us some intriguing figures, painting a vivid picture of where the market stands and […]
Exploring the Real Estate Market in Austin: January 2024 Insights
As we step into the new year, the Austin real estate market continues to showcase resilience and dynamism, drawing both buyers and sellers into its fold. Let’s delve into the latest statistics from January 2024 to gain valuable insights into the trends shaping this bustling market. Median Price and Housing Inventory: The median price for […]