Market Data

January 2018 Market Report

January’s market report is here! In the Austin area, the median price of single-family homes was $290,000, a 3.6% increase from last January. Also, more houses are being sold than this time last year, indicating continual demand in Austin.

Inventory of total available homes is sitting at just under 2 months. This is under the ideal amount of homes for sale in a balanced market. Buyers can likely expect rising home prices and higher competition due to the inventory shortage, while sellers can expect to encounter a larger pool of buyers.

 JANUARY 2018 MARKET REPORT

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January 25, 2018