Austin Real Estate Market Statistics

March 2018 Average Home Price and Statistics

The average home price in March was $394,722, up 7.2% over last year. The median home price in March increased 3.5% over last year to $305,233 and months of inventory decreased 0.2 months to 2.2 months, keeping Austin well within a seller’s market. March home sales jumped 10.5% over last year to 2,714, a record high for the month, indicating a strong selling season ahead as we move into the summer months.

These statistics are for Single Family homes across the Austin-Round Rock Metropolitan Statistical Area (MSA). If you would like similar statistics for a specific area, property type or price range, please contact us and tell us how we can help. Use our new market snapshot tool for a comprehensive analysis of your home’s value in today’s market, or call us for an analysis of comparable homes sold.

INFOGRAPHIC: Comparing Month over Month Statistics for Austin Real Estate

 

March 2018

Austin Real Estate Market Snapshot
March 2017 vs March 2018 - Single Family Home Sales

  • 2,714 - Single-family homes sold, 10.5% more compared to March 2017
  • $305,233 - Median price for single-family homes, 3.5% more compared to March 2017
  • $394,722 - Average price for single-family homes, 7.2% more compared to March 2017
  • $177 - Average price per sq ft for single-family homes, 6.3% more compared to March 2017
  • 61 - Average number of days single-family homes spent on the market, 3 more compared to March 2017
  • 4,008 - New single-family home listings on the market, 3.0% less compared to March 2017
  • 5,640 - Active single-family home listings on the market, 2.0% less compared to March 2017
  • 3,049 - Pending sales for single-family homes, 7.0% more compared to March 2017
  • 2.2 - Months of inventory of single-family homes, 0.2 months less compared to March 2017
  • $1,071,274,938 - Total dollar volume of single-family properties sold, 18.4% more compared to March 2017

Austin Luxury Real Estate Market Snapshot
March 2017 vs March 2018 - All Luxury Home Sales Over $1,000,000

  • 81 - $1M+ properties sold, 35.0% more compared to March 2017
  • $1,370,000 - Median price for $1M+ properties, 0.5% less compared to March 2017
  • $1,770,816 - Average price for $1M+ properties, 14.6% more compared to March 2017
  • $373 - Average price per sq ft for $1M+ properties, 10.4% more compared to March 2017
  • 86 - Average number of days $1M properties spent on the market, 1 fewer compared to March 2017
  • 213 - New $1M+ properties on the market, 4.9% less compared to March 2017
  • 787 - Active $1M+ properties on the market, 1.0% more compared to March 2017
  • 89 - Pending sales for $1M+ properties, 20.3% more compared to March 2017
  • 7.4 - Months of inventory of $1M+ properties, 1.5 months less compared to March 2017
  • $143,436,096 - Total dollar volume of $1M+ properties sold, 54.7% more compared to March 2017

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February 2018

Austin Real Estate Market Snapshot
February 2017 vs February 2018 - Single Family Home Sales

  • 1,955 - Single-family homes sold, 5.7% more compared to February 2017
  • $299,900 - Median price for single-family homes, 3.6% more compared to February 2017
  • $376,575 - Average price for single-family homes, 4.8% more compared to February 2017
  • $172 - Average price per sq ft for single-family homes, 5.5% more compared to February 2017
  • 71 - Average number of days single-family homes spent on the market, 6 more compared to February 2017
  • 2,819 - New single-family home listings on the market, 1% less compared to February 2017
  • 4,969 - Active single-family home listings on the market, 1% more compared to February 2017
  • 2,504 - Pending sales for single-family homes, 14% more compared to February 2017
  • 2.0 - Months of inventory of single-family homes, about the same as February 2017
  • $736,204,277 - Total dollar volume of single-family properties sold, 10.7% more compared to February 2017

Austin Luxury Real Estate Market Snapshot
February 2017 vs February 2018 - All Luxury Home Sales Over $1,000,000

  • 49 - $1M+ properties sold, 11.4% more compared to February 2017
  • $1,425,000 - Median price for $1M+ properties, 5% less compared to February 2017
  • $1,779,747 - Average price for $1M+ properties, 0.6% less compared to February 2017
  • $403 - Average price per sq ft for $1M+ properties, 6.6% more compared to February 2017
  • 116 - Average number of days $1M properties spent on the market, 17 more compared to February 2017
  • 156 - New $1M+ properties on the market, 7.1% less compared to February 2017
  • 692 - Active $1M+ properties on the market, 7.5% more compared to February 2017
  • 91 - Pending sales for $1M+ properties, 65.5% more compared to February 2017
  • 6.2 - Months of inventory of $1M+ properties, 3.9 months less compared to February 2017
  • $87,207,603 - Total dollar volume of $1M+ properties sold, 10.7% more compared to February 2017

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January 2018

Austin Real Estate Market Snapshot
January 2017 vs January 2018 - Single Family Home Sales

  • 1,495 - Single-family homes sold, 1.6% more compared to January 2017
  • $291,000 - Median price for single-family homes, 3.2% more compared January 2017
  • $360,479 - Average price for single-family homes, 0.9% more compared to January 2017
  • $161 - Average price per sq ft for single-family homes, about the same as January 2017
  • 83 - Average number of cumulative days single-family homes spent on the market, 10 more compared to January 2017
  • 2,323 - New single-family home listings on the market, 5.6% less compared to January 2017
  • 7,990 - Active single-family home listings on the market, 4.6% more compared to January 2017
  • 2,309 - Pending sales for single-family homes, 11.5% more compared to January 2017
  • 2.3 - Months of inventory of single-family homes, 0.2 months less compared to January 2017
  • $538,916,105 - Total dollar volume of single-family properties sold, 2.5% more compared to January 2017

Austin Luxury Real Estate Market Snapshot
January 2017 vs January 2018 - All Luxury Home Sales Over $1,000,000

  • 36 - $1M+ properties sold, 2.9% more compared to January 2017
  • $1,324,500 - Median price for $1M+ properties, 15.2% less compared to January 2017
  • $1,378,626 - Average price for $1M+ properties, 24.6% less compared to January 2017
  • $332 - Average price per sq ft for $1M+ properties, 15.9% less compared to January 2017
  • 192 - Average number of cumulative days $1M properties spent on the market, 24 more compared to January 2017
  • 109 - New $1M+ properties on the market, 4.8% more compared to January 2017
  • 636 - Active $1M+ properties on the market, 7.1% more compared to January 2017
  • 67 - Pending sales for $1M+ properties, 19.6% more compared to January 2017
  • 8.0 - Months of inventory of $1M+ properties, 0.5 months less compared to January 2017
  • $49,630,536 - Total dollar volume of $1M+ properties sold, 22.4% less compared to January 2017

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2017 Year-End Market Report

Austin Real Estate Sales 2016 vs 2017

  • 30,059 – Single-family homes sold, 2.4% more than 2016
  • $299,900 – Median price for single-family homes, 5.4% more than 2016
  • $374,084 – Average price for single-family homes, 5.9% more than 2016
  • 53 – Average number of days that single-family homes spent on the market, 3 days more than 2016
  • 38,586 – New single-family home listings on the market, 5.69% more than 2016
  • 6,436 – Active single-family home listings on the market, 11.7% more than 2016
  • 30,431 – Pending sales for single-family homes, 5.67% more than 2016
  • $11,244,589,447 – Total dollar volume of single-family properties sold, 8.4% more than 2016

Austin Luxury Real Estate Sales 2016 vs 2017

  • 820 - $1M+ properties sold, 18.4% more than 2016
  • $1,347,252 - Median price for $1M+ properties, 0.6 more than 2016
  • $1,641,141 - Average price for $1M+ properties, 3% more than 2016
  • $369 - Average price per square foot for $1M+ properties, 5.7% more than 2016
  • 135 - Average number of cumulative days that $1M+ properties spent on the market, 4 days less than 2016
  • 10.2 - Average Months of inventory of $1M+ properties, 1.3 months less than 2016
  • $1,345,735,620 - Total dollar volume of $1M+ properties sold, 22.7% more than 2016

December 2017

Austin Real Estate Market Snapshot
December 2016 vs December 2017 - Single Family Home Sales

  • 2,396 - Single-family homes sold, 5.6% more compared to 2,269 in December 2016
  • $310,995 - Median price for single-family homes, 6.9% more compared to $291,000 in December 2016
  • $378,588 - Average price for single-family homes, 5.1% more compared to $360,360 in December 2016
  • $165 - Average price per sq ft for single-family homes, 3.1% more compared to $160 in December 2016
  • 81 - Average number of cumulative days single-family homes spent on the market, 9 more compared to 72 in December 2016
  • 1,667 - New single-family home listings on the market, 12% more compared to 1,489 in December 2016
  • 8,219 - Active single-family home listings on the market, 11.6% more compared to 7,366 in December 2016
  • 1,862 - Pending sales for single-family homes, 23.6% more compared to 1,506 in December 2016
  • 2.9 - Months of inventory of single-family homes, 0.5 months less compared to 3.4 in December 2016
  • $907,096,848 - Total dollar volume of single-family properties sold, 10.9% more compared to $817,656,840 in December 2016

Austin Luxury Real Estate Market Snapshot
December 2016 vs December 2017 - All Luxury Home Sales Over $1,000,000

  • 52 - $1M+ properties sold, 8.8% less compared to 57 in December 2016
  • $1,353,750 - Median price for $1M+ properties, 8.3% more compared to $1,250,000 in December 2016
  • $1,687,851 - Average price for $1M+ properties, 9.4% more compared to $1,543,036 in December 2016
  • $364 - Average price per sq ft for $1M+ properties, 3.1% more compared to $353 in December 2016
  • 170 - Average number of cumulative days $1M properties spent on the market, 25 fewer compared to 195 in December 2016
  • 45 - New $1M+ properties on the market, 21.6% more compared to 37 in December 2016
  • 650 - Active $1M+ properties on the market, 9.6% more compared to 593 in December 2016
  • 39 - Pending sales for $1M+ properties, 39.3% more compared to 28 in December 2016
  • 13.3 - Months of inventory of $1M+ properties, 4.2 months less compared to 17.5 in December 2016
  • $87,768,252 - Total dollar volume of $1M+ properties sold, about the same as December 2016

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November 2017

Austin Real Estate Market Snapshot
November 2016 vs November 2017 - Single Family Home Sales

  • 2,034 - Single-family homes sold, about the same as November 2016
  • $299,900 - Median price for single-family homes, 2.8% more compared to $291,840 in November 2016
  • $368,118 - Average price for single-family homes, about the same as November 2016
  • $164 - Average price per sq ft for single-family homes, 1.9% more compared to $161 in November 2016
  • 73 - Average number of cumulative days single-family homes spent on the market, 8 more compared to 65 in November 2016
  • 2,273 - New single-family home listings on the market, 13.2% more compared to 2,008 in November 2016
  • 9,457 - Active single-family home listings on the market, 11.8% more compared to 8,460 in November 2016
  • 2,180 - Pending sales for single-family homes, 14.3% more compared to 1,907 in November 2016
  • 2.9 - Months of inventory of single-family homes, 0.2 months less compared to 3.1 in November 2016
  • $748,752,012 - Total dollar volume of single-family properties sold, 0.8% more compared to $743,117,259 in November 2016

Austin Luxury Real Estate Market Snapshot
November 2016 vs November 2017 - All Luxury Home Sales Over $1,000,000

  • 58 - $1M+ properties sold, 11.5% more compared to 52 in November 2016
  • $1,340,000 - Median price for $1M+ properties, about the same as November 2016
  • $1,507,031 - Average price for $1M+ properties, 15.9% less compared to $1,790,962 in November 2016
  • $336 - Average price per sq ft for $1M+ properties, 9.7% less compared to $372 in November 2016
  • 157 - Average number of cumulative days $1M properties spent on the market, 13 fewer compared to 170 in November 2016
  • 82 - New $1M+ properties on the market, 7.9% more compared to 76 in November 2016
  • 751 - Active $1M+ properties on the market, 8.5% more compared to 692 in November 2016
  • 49 - Pending sales for $1M+ properties, 2.0% less compared to 50 in November 2016
  • 12.3 - Months of inventory of $1M+ properties, 1.2 months more compared to 11.1 in November 2016
  • $87,407,798 - Total dollar volume of $1M+ properties sold, 6.1% less compared to $93,130,024 in November 2016

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October 2017

Austin Real Estate Market Snapshot
October 2016 vs October 2017 - Single Family Home Sales

  • 2,067 - Single-family homes sold, 4.0% less compared to 2,154 in October 2016
  • $290,000 - Median price for single-family homes, 2.8% more compared to $281,990 in October 2016
  • $369,973 - Average price for single-family homes, 1.8% more compared to $363,458 in October 2016
  • $169 - Average price per sq ft for single-family homes, 3.7% more compared to $163 in October 2016
  • 68 - Average number of cumulative days single-family homes spent on the market, 7 more compared to 61 in October 2016
  • 2,700 - New single-family home listings on the market, 8.4% more compared to 2,490 in October 2016
  • 10,314 - Active single-family home listings on the market, 10.5% more compared to 9,334 in October 2016
  • 2,407 - Pending sales for single-family homes, 13.3% more compared to 2,124 in October 2016
  • 2.9 - Months of inventory of single-family homes, about the same compared to October 2016
  • $764,734,191 - Total dollar volume of single-family properties sold, 2.3% less compared to $782,888,532 in October 2016

Austin Luxury Real Estate Market Snapshot
October 2016 vs October 2017 - All Luxury Home Sales Over $1,000,000

  • 68 - $1M+ properties sold, 1.5% more compared to 67 in October 2016
  • $1,325,000 - Median price for $1M+ properties, 1.1% less compared to $1,340,000 in October 2016
  • $1,517,852 - Average price for $1M+ properties, 7.8% less compared to $1,646,631 in October 2016
  • $347 - Average price per sq ft for $1M+ properties, 6.0% less compared to $369 in October 2016
  • 147 - Average number of cumulative days $1M properties spent on the market, 37 more compared to 110 in October 2016
  • 102 - New $1M+ properties on the market, 5.2% more compared to 97 in October 2016
  • 817 - Active $1M+ properties on the market, 7.5% more compared to 760 in October 2016
  • 67 - Pending sales for $1M+ properties, 15.5% more compared to 58 in October 2016
  • 9.8 - Months of inventory of $1M+ properties, 0.8 months less compared to 10.6 in October 2016
  • $103,213,936 - Total dollar volume of $1M+ properties sold, 6.4% less compared to $110,324,277 in October 2016

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September 2017

Austin Real Estate Market Snapshot
September 2016 vs September 2017 - Single Family Home Sales

  • 2,206 - Single-family homes sold, 9.0% less compared to 2,423 in September 2016
  • $293,632 - Median price for single-family homes, 4.8% more compared to $280,084 in September 2016
  • $362,598 - Average price for single-family homes, 4.6% more compared to $346,701 in September 2016
  • $163 - Average price per sq ft for single-family homes, 4.5% more compared to $156 in September 2016
  • 62 - Average number of cumulative days single-family homes spent on the market, 5 more compared to 57 in September 2016
  • 2,808 - New single-family home listings on the market, about the same as September 2016
  • 10,677 - Active single-family home listings on the market, 9.9% more compared to 9,711 in September 2016
  • 2,358 - Pending sales for single-family homes, 11.1% more compared to 2,123 in September 2016
  • 3.1 - Months of inventory of single-family homes, about the same as September 2016
  • $799,891,188 - Total dollar volume of single-family properties sold, 4.8% less compared to $840,056,523 in September 2016

Austin Luxury Real Estate Market Snapshot
September 2016 vs September 2017 - All Luxury Home Sales Over $1,000,000

  • 53 - $1M+ properties sold, 6.0% more compared to 50 in September 2016
  • $1,300,000 - Median price for $1M+ properties, 7.1% less compared to $1,400,000 in September 2016
  • $1,649,076 - Average price for $1M+ properties, 1.8% more compared to $1,619,616 in September 2016
  • $338 - Average price per sq ft for $1M+ properties, 6.3% more compared to $318 in September 2016
  • 119 - Average number of cumulative days $1M properties spent on the market, 33 fewer compared to 152 in September 2016
  • 148 - New $1M+ properties on the market, 18.4% more compared to 125 in September 2016
  • 879 - Active $1M+ properties on the market, 7.6% more compared to 817 in September 2016
  • 75 - Pending sales for $1M+ properties, 10.3% more compared to 68 in September 2016
  • 9.5 - Months of inventory of $1M+ properties, about the same as September 2016
  • $87,401,028 - Total dollar volume of $1M+ properties sold, 7.9% more compared to $80,980,800 in September 2016

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August 2017

Austin Real Estate Market Snapshot
August 2016 vs August 2017 - Single Family Home Sales

  • 2,618 - Single-family homes sold, 4.4% less compared to 2,739 in August 2016
  • $305,000 - Median price for single-family homes, 4.3% more compared to $292,500 in August 2016
  • $380,426 - Average price for single-family homes, 4.0% more compared to $365,708 in August 2016
  • $167 - Average price per sq ft for single-family homes, 5.0% more compared to $159 in August 2016
  • 53 - Average number of cumulative days single-family homes spent on the market, 1 more compared to 52 in August 2016
  • 3,050 - New single family home listings on the market, 9.6% more compared to 2,784 in August 2016
  • 10,700 - Active single family home listings on the market, 13.5% more compared to 9,430 in August 2016
  • 2,456 - Pending sales for single-family homes, 7.0% more compared to 2,295 in August 2016
  • 3.0 - Months of inventory of single-family homes, 0.2 months more compared to 2.8 in August 2016
  • $995,955,268 - Total dollar volume of single-family properties sold, 0.6% less compared to $1,001,674,212 in August 2016

Austin Luxury Real Estate Market Snapshot
August 2016 vs August 2017 - All Luxury Home Sales Over $1,000,000

  • 74 - $1M+ properties sold, 13.8% more compared to 65 in August 2016
  • $1,275,500 - Median price for $1M+ properties, 0.7% less compared to $1,285,000 in August 2016
  • $1,514,931 - Average price for $1M+ properties, 2.4% more compared to $1,479,672 in August 2016
  • $349 - Average price per sq ft for $1M+ properties, 7.7% more compared to $324 in August 2016
  • 136 - Average number of cumulative days $1M properties spent on the market, 57 fewer compared to 193 in August 2016
  • 130 - New $1M+ properties on the market, 38.3% more compared to 94 in August 2016
  • 878 - Active $1M+ properties on the market, 9.9% more compared to 799 in August 2016
  • 67 - Pending sales for $1M+ properties, same as August 2016
  • 10.7 - Months of inventory of $1M+ properties, 0.6 months more compared to 10.1 in August 2016
  • $112,104,894 - Total dollar volume of $1M+ properties sold, 16.6% more compared to $96,178,680 in August 2016

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July 2017

Austin Real Estate Market Snapshot
July 2016 vs July 2017 - Single Family Home Sales

  • 2,550 - Single-family homes sold, 1.8% less compared to 2,598 in July 2016
  • $310,000 - Median price for single-family homes, 5.4% more compared to $294,000 in July 2016
  • $397,689 - Average price for single-family homes, 9.5% more compared to $363,047 in July 2016
  • $174 - Average price per sq ft for single-family homes, 9.4% more compared to $159 in July 2016
  • 51 - Average number of cumulative days single-family homes spent on the market, 3 more compared to 48 in July 2016
  • 3,531 - New single family home listings on the market, 4.4% more compared to 3,381 in July 2016
  • 10,908 - Active single family home listings on the market, 11.9% more compared to 9,750 in July 2016
  • 2,685 - Pending sales for single-family homes, 3.4% more compared to 2,597 in July 2016
  • 2.8 - Months of inventory of single-family homes, 0.2 months more compared to 2.6 in July 2016
  • $1,014,106,950 - Total dollar volume of single-family properties sold, 7.5% more compared to $943,196,106 in July 2016

Austin Luxury Real Estate Market Snapshot
July 2016 vs July 2017 - All Luxury Home Sales Over $1,000,000

  • 90 - $1M+ properties sold, 55.2% more compared to 58 in July 2016
  • $1,327,500 - Median price for $1M+ properties, 7.8% more compared to $1,231,188 in July 2016
  • $1,740,736 - Average price for $1M+ properties, 15.2% more compared to $1,511,026 in July 2016
  • $394 - Average price per sq ft for $1M+ properties, 15.5% more compared to $341 in July 2016
  • 148 - Average number of cumulative days $1M properties spent on the market, 25 fewer compared to 173 in July 2016
  • 113 - New $1M+ properties on the market, 10.3% less compared to 126 in July 2016
  • 913 - Active $1M+ properties on the market, 7.8% more compared to 847 in July 2016
  • 84 - Pending sales for $1M+ properties, 40% more compared to 60 in July 2016
  • 8.9 - Months of inventory of $1M+ properties, 2.9 months less compared to 11.8 in July 2016
  • $156,666,240 - Total dollar volume of $1M+ properties sold, 78.8% more compared to $87,639,508 in July 2016

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June 2017

Austin Real Estate Market Snapshot
June 2016 vs June 2017 - Single Family Home Sales

  • 3,091 - Single-family homes sold, 0.5% more compared to 3,076 in June 2016
  • $321,814 - Median price for single-family homes, 7.3% more compared to $300,000 in June 2016
  • $405,387 - Average price for single-family homes, 7.9% more compared to $375,880 in June 2016
  • $177 - Average price per sq ft for single-family homes, 9.9% more compared to $161 in June 2016
  • 48 - Average number of cumulative days single-family homes spent on the market, 2 more compared to 46 in June 2016
  • 4,014 - New single family home listings on the market, 5.5% more compared to 3,804 in June 2016
  • 7,547 - Active single family home listings on the market, 23.5% less compared to 9,870 in June 2016
  • 3,148 - Pending sales for single-family homes, 7.1% more compared to 2,940 in June 2016
  • 3.1 - Months of inventory of single-family homes, 0.6 months more compared to 2.5 in June 2016
  • $1,253,051,217 - Total dollar volume of single-family properties sold, 8.4% more compared to $1,156,206,880 in June 2016

Austin Luxury Real Estate Market Snapshot
June 2016 vs June 2017 - All Luxury Home Sales Over $1,000,000

  • 106 - $1M+ properties sold, 27.7% more compared to 83 in June 2016
  • $1,322,500 - Median price for $1M+ properties, 2.5% more compared to $1,290,000 in June 2016
  • $1,623,148 - Average price for $1M+ properties, 2.0% more compared to $1,591,183 in June 2016
  • $356 - Average price per sq ft for $1M+ properties, 2.2% less compared to $364 in June 2016
  • 106 - Average number of cumulative days $1M properties spent on the market, 2 more compared to 104 in June 2016
  • 179 - New $1M+ properties on the market, 22.6% more compared to 146 in June 2016
  • 768 - Active $1M+ properties on the market, 1.9% less compared to 783 in June 2016
  • 101 - Pending sales for $1M+ properties, 53.0% more compared to 66 in June 2016
  • 8.0 - Months of inventory of $1M+ properties, 2.9 months less compared to 10.9 in June 2016
  • $172,053,688 - Total dollar volume of $1M+ properties sold, 30.3% more compared to $132,068,189 in June 2016

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May 2017

Austin Real Estate Market Snapshot
May 2016 vs May 2017 - Single Family Home Sales

  • 2,762 – Single-family homes sold, 1.2% more than May 2016
  • $318,000 – Median price for single-family homes, 8.7% more than May 2016
  • $399,457 – Average price for single-family homes, 9.4% more than May 2016
  • $172 – Average price per square foot for single-family homes, 8.2% more than May 2016
  • 46 – Average number of cumulative days single-family homes spent on the market, 3 days more than May 2016
  • 4,018 – New single-family home listings on the market, 14.9% more than May 2016
  • 10,254 – Active single-family home listings on the market, 13.4% more than May 2016
  • 3,185 – Pending sales for single-family homes, 5.4% more than May 2016
  • 2.0 – Months of inventory of single-family homes, 0.2 months more than May 2016
  • $1,103,300,234 – Total dollar volume of single-family properties sold, 10.7% more than May 2016

Austin Luxury Real Estate Market Snapshot
May 2016 vs May 2017 - All Luxury Home Sales Over $1,000,000

  • 84 - $1M+ properties sold, 9 more than May 2016
  • $1,419,555 - Median price for $1M+ properties, 6.3% more than May 2016
  • $1,759,970 - Average price for $1M+ properties, 14.9% more than May 2016
  • $367 - Average price per square foot for $1M+ properties, 4.6% more than May 2016
  • 107 - Average number of cumulative days that $1M+ properties spent on the market, 15 days more than May 2016
  • 944 – Active $1M+ properties on the market, 16.1% more than May 2016
  • 6.4 - Months of inventory of $1M+ properties, 3.5 months less than May 2016
  • $147,837,480 - Total dollar volume of $1M+ properties sold, 28.6% more than May 2016

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April 2017

Austin Real Estate Market Snapshot
April 2016 vs April 2017 - Single Family Home Sales

  • 2,228 – Single-family homes sold, 5.3% less than April 2016
  • $311,302 – Median price for single-family homes, 5.9% more than April 2016
  • $383,747 – Average price for single-family homes, 7.9% more than April 2016
  • $169 – Average price per square foot for single-family homes, 7.6% more than April 2016
  • 49 – Average number of cumulative days single-family homes spent on the market, 5 days more than April 2016
  • 3,708 – New single-family home listings on the market, 6.4% more than April 2016
  • 9,433 – Active single-family home listings on the market, 8.9% more than April 2016
  • 2,878 – Pending sales for single-family homes, 3.5% more than April 2016
  • 2.1 – Months of inventory of single-family homes, 0.1 months more than April 2016
  • $854,988,316 – Total dollar volume of single-family properties sold, 2.2% more than April 2016

Austin Luxury Real Estate Market Snapshot
April 2016 vs April 2017 - All Luxury Home Sales Over $1,000,000

  • 60 - $1M+ properties sold, 21 more than April 2016
  • $1,272,750 - Median price for $1M+ properties, 9.4% less than April 2016
  • $1,627,470 - Average price for $1M+ properties, 5.4% more than April 2016
  • $367 - Average price per square foot for $1M+ properties, 3.1% more than April 2016
  • 131 - Average number of cumulative days that $1M+ properties spent on the market, 15 days more than April 2016
  • 886 – Active $1M+ properties on the market, 14.5% more than April 2016
  • 8.6 - Months of inventory of $1M+ properties, 0.3 months more than April 2016
  • $97,648,200 - Total dollar volume of $1M+ properties sold, 60% more than April 2016

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March 2017

Austin Real Estate Market Snapshot
March 2016 vs March 2017 - Single Family Home Sales

  • 2,188 – Single-family homes sold, 6% less than March 2016
  • $303,792 – Median price for single-family homes, 6.6% more than March 2016
  • $378,492 – Average price for single-family homes, 5.9% more than March 2016
  • $167 – Average price per square foot for single-family homes, 6.4% more than March 2016
  • 50 – Average number of cumulative days single-family homes spent on the market, same as March 2016
  • 3,892 – New single-family home listings on the market, 16.2% more than March 2016
  • 8,833 – Active single-family home listings on the market, 10.3% more than March 2016
  • 2,822 – Pending sales for single-family homes, 13.7% more than March 2016
  • 2.0 – Months of inventory of single-family homes, 0.1 months less than March 2016
  • $828,140,496 – Total dollar volume of single-family properties sold, 0.5% less than March 2016

Austin Luxury Real Estate Market Snapshot
March 2016 vs March 2017 - All Luxury Home Sales Over $1,000,000

  • 59 – $1M+ properties sold, 14 more than March 2016
  • $1,385,000 – Median price for $1M+ properties, 4.5% less than March 2016
  • $1,553,106 – Average price for $1M+ properties, 8.6% less than March 2016
  • $339 – Average price per square foot for $1M+ properties, 0.3% less than March 2016
  • 140 – Average number of cumulative days that $1M+ properties spent on the market, 42 days more than March 2016
  • 796 – Active $1M+ properties on the market, 14.5% more than March 2016
  • 7.8 – Months of inventory of $1M+ properties, 2.8 months less than March 2016
  • $91,633,254 – Total dollar volume of $1M+ properties sold, 20% more than March 2016

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February 2017

Austin Real Estate Market Snapshot
February 2016 vs February 2017 - Single Family Home Sales

  • 1,628 – Single-family homes sold, 1.8% less than February 2016
  • $295,000 – Median price for single-family homes, 7.1% more than February 2016
  • $368,259 – Average price for single-family homes, 9.3% more than February 2016
  • $164 – Average price per square foot for single-family homes, 7.2% more than February 2016
  • 63 – Average number of cumulative days single-family homes spent on the market, 4 days more than February 2016
  • 2,667 – New single-family home listings on the market, 3.8% more than February 2016
  • 7,337 – Active single-family home listings on the market, 3.5% more than February 2016
  • 2,167 – Pending sales for single-family homes, 2.4% more than February 2016
  • 2.2 – Months of inventory of single-family homes, same as February 2016
  • $599,525,652 – Total dollar volume of single-family properties sold, 7.4% more than February 2016

Austin Luxury Real Estate Market Snapshot
February 2016 vs February 2017 - All Luxury Home Sales Over $1,000,000

  • 41 - $1M+ properties sold, 13 more than February 2016
  • $1,500,000 - Median price for $1M+ properties, 12.1% more than February 2016
  • $1,805,000 - Average price for $1M+ properties, 17% more than February 2016
  • $375 - Average price per square foot for $1M+ properties, 3% more than February 2016
  • 159 - Average number of cumulative days that $1M+ properties spent on the market, 52 days more than February 2016
  • 652 – Active $1M+ properties on the market, 12.6% more than February 2016
  • 9.8 - Months of inventory of $1M+ properties, 2.6 months less than February 2016
  • $74,005,000 - Total dollar volume of $1M+ properties sold, 71% more than February 2016

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January 2017

Austin Real Estate Market Snapshot
January 2016 vs January 2017 - Single Family Home Sales

  • 1,293 – Single-family homes sold, 1.6% less than January 2016
  • $285,620 – Median price for single-family homes, 9.4% more than January 2016
  • $368,897 – Average price for single-family homes, 12.9% more than January 2016
  • $165 – Average price per square foot for single-family homes, 10.7% more than January 2016
  • 72 – Average number of cumulative days single-family homes spent on the market, 2 days more than January 2016
  • 2,409 – New single-family home listings on the market, 11.5% more than January 2016
  • 7,147 – Active single-family home listings on the market, 4.4% more than January 2016
  • 2,138 – Pending sales for single-family homes, 9.6% more than January 2016
  • 2.1 – Months of inventory of single-family homes, 0.2 months less than January 2016
  • $476,983,821 – Total dollar volume of single-family properties sold, 11% more than January 2016

Austin Luxury Real Estate Market Snapshot
January 2016 vs January 2017 - All Luxury Home Sales Over $1,000,000

  • 35 - $1M+ properties sold, 13 more than January 2016
  • $1,562,800 - Median price for $1M+ properties, 7.2% more than January 2016
  • $1,827,921 - Average price for $1M+ properties, 8% more than January 2016
  • $395 - Average price per square foot for $1M+ properties, 13.5% more than January 2016
  • 175 - Average number of cumulative days that $1M+ properties spent on the market, 55 days more than January 2016
  • 597 – Active $1M+ properties on the market, 12.9% more than January 2016
  • 8.0 - Months of inventory of $1M+ properties, 4.6 months less than January 2016
  • $63,977,235 - Total dollar volume of $1M+ properties sold, 72% more than January 2016

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2016 Year-End Market Report

Austin Real Estate Sales 2015 vs 2016

  • 29,569 – Single-family homes sold, 3.9% more than 2015
  • $284,000 – Median price for single-family homes, 7.2% more than 2015
  • $353,616 – Average price for single-family homes, 5.1% more than 2015
  • 50 – Average number of days that single-family homes spent on the market, 2 days more than 2015
  • 36,509 – New single-family home listings on the market, 1% less than 2015
  • 5,762 – Active single-family home listings on the market, 5% less than 2015
  • 28,798 – Pending sales for single-family homes, 3% less than 2015
  • $10,456,084,996 – Total dollar volume of single-family properties sold, 9.1% more than 2015

Austin Luxury Real Estate Sales 2015 vs 2016

  • 690 - $1M+ properties sold, 5% more than 2015
  • $1,338,656 - Median price for $1M+ properties, 2% less than 2015
  • $1,592,946 - Average price for $1M+ properties, 2% less than 2015
  • $349 - Average price per square foot for $1M+ properties, 1% less than 2015
  • 140 - Average number of cumulative days that $1M+ properties spent on the market, 7 days more than 2015
  • 12.1 - Months of inventory of $1M+ properties, 0.5 months more than 2015
  • $1,096,774,731 - Total dollar volume of $1M+ properties sold, 2% more than 2015