Market Data

February 2020 Market Report

Year over year for February, property prices have gone up exponentially. The median price for homes in the Austin area in February of 2020 was $327,140. Last February the median sale price was $295,000, a 10.89% increase in property prices year over year. More homes sold this February than last, with homes staying on market on average 8 days fewer than they did in February 2019.

The Austin area is seeing consistent growth and home sales, and we’re still in a seller’s market. Seller’s can expect to receive market value prices for homes, and buyers can expect some inventory shortages and multiple offer situations.

feb 19 to feb 20

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March 20, 2020