Austin Real Estate Market Statistics

May 2019 Average Home Price and Statistics

As Austin continues to rank as the No. 1 place to live in America, the median price of a single-family home in the City of Austin hit an all-time high in May at $407,400 amid declining inventory. Surrounding areas, however, experienced strong gains in the same period.

In the Austin-Round Rock MSA, single-family home sales in May increased 6.2% year over year amid declining inventory. New listings decreased 1% to 4,356. Active listings also decreased 1% to 6,781, and pending sales increased 8% to 3,504. The median price of single-family homes rose 4% to $335,095. Sales dollar volume experienced a double-digit percent increase of 15% year over year to $1,468,980,773. Monthly housing inventory remained unchanged at 2.6 months of inventory.

Escalating home prices have taken a toll on the Austin Independent School District (AISD) as families move outside the school’s boundaries. In an effort to maintain student population, the district now allows students who reside outside of AISD’s boundaries to transfer in.

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

 

May 2019

Austin Real Estate Market Snapshot
May 2018 vs May 2019 - Single Family Home Sales

  • 3,452 - Single-family homes sold, 6% more compared to May 2018
  • $335,095 - Median price for single-family homes, 4% more compared to May 2018
  • $425,545 - Average price for single-family homes, 8% more compared to May 2018
  • $184 - Average price per sq ft for single-family homes, 6% more compared to May 2018
  • 48 - Average number of days single-family homes spent on the market, about the same as May 2018
  • 4,356 - New single-family home listings on the market, 1% less compared to May 2018
  • 6,781 - Active single-family home listings on the market, 1% less compared to May 2018
  • 3,504 - Pending sales for single-family homes, 8% more compared to May 2018
  • 2.6 - Months of inventory of single-family homes, about the same as May 2018
  • $1,468,980,773 - Total dollar volume of single-family properties sold, 15% more compared to May 2018

Austin Luxury Real Estate Market Snapshot
May 2018 vs May 2019 - All Luxury Home Sales Over $1,000,000

  • 132 - $1M+ properties sold, 35% more compared to May 2018
  • $1,427,500 - Median price for $1M+ properties, 14% more compared to May 2018
  • $1,564,235 - Average price for $1M+ properties, 6% more compared to May 2018
  • $368 - Average price per sq ft for $1M+ properties, 13% more compared to May 2018
  • 68 - Average number of days $1M properties spent on the market, 5 days more compared to May 2018
  • 224 - New $1M+ properties on the market, 20% more compared to May 2018
  • 895 - Active $1M+ properties on the market, 2% more compared to May 2018
  • 142 - Pending sales for $1M+ properties, 30% more compared to May 2018
  • 5.7 - Months of inventory of $1M+ properties, 2 months less compared to May 2018
  • $206,479,020 - Total dollar volume of $1M+ properties sold, 42% more compared to May 2018

 

April 2019

Austin Real Estate Market Snapshot
April 2018 vs April 2019 - Single Family Home Sales

  • 3,035 - Single-family homes sold, 15% more compared to April 2018
  • $320,000 - Median price for single-family homes, 2% more compared to April 2018
  • $397,772 - Average price for single-family homes, 1% less compared to April 2018
  • $180 - Average price per sq ft for single-family homes, 2% more compared to April 2018
  • 50 - Average number of days single-family homes spent on the market, 4 days less compared to April 2018
  • 4,018 - New single-family home listings on the market, 2% less compared to April 2018
  • 6,217 - Active single-family home listings on the market, 1% more compared to April 2018
  • 3,588 - Pending sales for single-family homes, 14% more compared to April 2018
  • 2.4 - Months of inventory of single-family homes, about the same as April 2018
  • $1,207,238,711 - Total dollar volume of single-family properties sold, 14% more compared to April 2018

Austin Luxury Real Estate Market Snapshot
April 2018 vs April 2019 - All Luxury Home Sales Over $1,000,000

  • 79 - $1M+ properties sold, 18% less compared to April 2018
  • $1,347,000 - Median price for $1M+ properties, about the same as April 2018
  • $1,629,770 - Average price for $1M+ properties, 6% more compared to April 2018
  • $382 - Average price per sq ft for $1M+ properties, 8% more compared to April 2018
  • 67 - Average number of days $1M properties spent on the market, 13 days fewer compared to April 2018
  • 243 - New $1M+ properties on the market, 25% more compared to April 2018
  • 868 - Active $1M+ properties on the market, 4% more compared to April 2018
  • 142 - Pending sales for $1M+ properties, 35% more compared to April 2018
  • 4.8 - Months of inventory of $1M+ properties, 2 months less compared to April 2018
  • $128,751,830 - Total dollar volume of $1M+ properties sold, 13% less compared to April 2018

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March 2019

Austin Real Estate Market Snapshot
March 2018 vs March 2019 - Single Family Home Sales

  • 2,740 - Single-family homes sold, 2% more compared to March 2018
  • $305,000 - Median price for single-family homes, 1% more compared to March 2018
  • $388,366 - Average price for single-family homes, 1% less compared to March 2018
  • $176 - Average price per sq ft for single-family homes, 1% more compared to March 2018
  • 64 - Average number of days single-family homes spent on the market, 1 day more compared to March 2018
  • 3,890 - New single-family home listings on the market, 2% less compared to March 2018
  • 6,060 - Active single-family home listings on the market, 8% more compared to March 2018
  • 3,378 - Pending sales for single-family homes, 18% more compared to March 2018
  • 2.4 - Months of inventory of single-family homes, 0.2 months more compared to March 2018
  • $1,064,124,011 - Total dollar volume of single-family properties sold, 1% more compared to March 2018

Austin Luxury Real Estate Market Snapshot
March 2018 vs March 2019 - All Luxury Home Sales Over $1,000,000

  • 83 - $1M+ properties sold, 3% more compared to March 2018
  • $1,415,000 - Median price for $1M+ properties, 3% more compared to March 2018
  • $1,665,356 - Average price for $1M+ properties, 6% less compared to March 2018
  • $367 - Average price per sq ft for $1M+ properties, 2% less compared to March 2018
  • 59 - Average number of days $1M properties spent on the market, 27 days fewer compared to March 2018
  • 217 - New $1M+ properties on the market, 6% more compared to March 2018
  • 767 - Active $1M+ properties on the market, 0.4% more compared to March 2018
  • 95 - Pending sales for $1M+ properties, 12% more compared to March 2018
  • 6.5 - Months of inventory of $1M+ properties, 14 months less compared to March 2018
  • $138,224,548 - Total dollar volume of $1M+ properties sold, 4% less compared to March 2018

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February 2019

Austin Real Estate Market Snapshot
February 2018 vs February 2019 - Single Family Home Sales

  • 2,101 - Single-family homes sold, 6% more compared to February 2018
  • $295,000 - Median price for single-family homes, approximately the same as February 2018
  • $368,385 - Average price for single-family homes, 1% less compared to February 2018
  • $175 - Average price per sq ft for single-family homes, 3% more compared to February 2018
  • 70 - Average number of days single-family homes spent on the market, 3 days less compared to February 2018
  • 3,015 - New single-family home listings on the market, 7% more compared to February 2018
  • 5,858 - Active single-family home listings on the market, 19% more compared to February 2018
  • 2,715 - Pending sales for single-family homes, 17% more compared to February 2018
  • 2.3 - Months of inventory of single-family homes, 0 months more compared to February 2018
  • $773,977,296 - Total dollar volume of single-family properties sold, 5% more compared to February 2018

Austin Luxury Real Estate Market Snapshot
February 2018 vs February 2019 - All Luxury Home Sales Over $1,000,000

  • 49 - $1M+ properties sold, 2% less compared to February 2018
  • $1,622,928 - Median price for $1M+ properties, 14% more compared to February 2018
  • $1,622,928 - Average price for $1M+ properties, 11% less compared to February 2018
  • $405 - Average price per sq ft for $1M+ properties, approximately the same as February 2018
  • 110 - Average number of days $1M properties spent on the market, 12 days fewer compared to February 2018
  • 176 - New $1M+ properties on the market, 19% more compared to February 2018
  • 682 - Active $1M+ properties on the market, 1% more compared to February 2018
  • 95 - Pending sales for $1M+ properties, 9% more compared to February 2018
  • 5.8 - Months of inventory of $1M+ properties, 9 months less compared to February 2018
  • $79,523,472 - Total dollar volume of $1M+ properties sold, 13% less compared to February 2018

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January 2019

Austin Real Estate Market Snapshot
January 2018 vs January 2019 - Single Family Home Sales

  • 1,598 - Single-family homes sold, 2% less compared to January 2018
  • $296,999 - Median price for single-family homes, 2% more compared to January 2018
  • $374,894 - Average price for single-family homes, 5% more compared to January 2018
  • $175 - Average price per sq ft for single-family homes, 7% more compared to January 2018
  • 72 - Average number of days single-family homes spent on the market, 2 days more compared to January 2018
  • 2,820 - New single-family home listings on the market, 22% more compared to January 2018
  • 5,840 - Active single-family home listings on the market, 21% more compared to January 2018
  • 2,452 - Pending sales for single-family homes, 11% more compared to January 2018
  • 2.3 - Months of inventory of single-family homes, 0.4 months more compared to January 2018
  • $599,080,374 - Total dollar volume of single-family properties sold, 3% more compared to January 2018

Austin Luxury Real Estate Market Snapshot
January 2018 vs January 2019 - All Luxury Home Sales Over $1,000,000

  • 45 - $1M+ properties sold, 22% more compared to January 2018
  • $1,437,500 - Median price for $1M+ properties, 7% more compared to January 2018
  • $1,603,274 - Average price for $1M+ properties, 16% more compared to January 2018
  • $370 - Average price per sq ft for $1M+ properties, 10% more compared to January 2018
  • 104 - Average number of days $1M properties spent on the market, 15 days fewer compared to January 2018
  • 123 - New $1M+ properties on the market, 21% more compared to January 2018
  • 611 - Active $1M+ properties on the market, 2% less compared to January 2018
  • 62 - Pending sales for $1M+ properties, 2% less compared to January 2018
  • 8.1 - Months of inventory of $1M+ properties, about the same as compared to January 2018
  • $72,147,330 - Total dollar volume of $1M+ properties sold, 41% more compared to January 2018

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December 2018

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

  • 2,370 - Single-family homes sold, 11% less compared to December 2017
  • $305,000 - Median price for single-family homes, 1% less compared to December 2017
  • $373,134 - Average price for single-family homes, approximately the same as compared to December 2017
  • $174 - Average price per sq ft for single-family homes, 4% more compared to December 2017
  • 67 - Average number of days single-family homes spent on the market, 5 days less than December 2017
  • 1,684 - New single-family home listings on the market, 2% more compared to December 2017
  • 5,813 - Active single-family home listings on the market, 12% more compared to December 2017
  • 1,955 - Pending sales for single-family homes, 3% more compared to December 2017
  • 2.3 - Months of inventory of single-family homes, approximately the same as compared to December 2017
  • $884,326,918 - Total dollar volume of single-family properties sold, 11% less compared to December 2017

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

  • 60 - $1M+ properties sold, 9% more compared to December 2017
  • $1,296,500 - Median price for $1M+ properties, approximately the same as compared to December 2017
  • $1,439,783 - Average price for $1M+ properties, 13% less compared to December 2017
  • $334 - Average price per sq ft for $1M+ properties, 8% less compared to December 2017
  • 92 - Average number of days $1M properties spent on the market, 27 days fewer than December 2017
  • 42 - New $1M+ properties on the market, 11% more compared to December 2017
  • 636 - Active $1M+ properties on the market, 1% less compared to December 2017
  • 52 - Pending sales for $1M+ properties, 33% more compared to December 2017
  • 9.2 - Months of inventory of $1M+ properties, 4 months less than December 2017
  • $90,424,860 - Total dollar volume of $1M+ properties sold, 9% more compared to December 2017

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November 2018

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

  • 2,201 - Single-family homes sold, 1% more compared to November 2017
  • $301,391 - Median price for single-family homes, 2% more compared to November 2017
  • $381,335 - Average price for single-family homes, 5% more compared to November 2017
  • $172 - Average price per sq ft for single-family homes, 4% more compared to November 2017
  • 64 - Average number of days single-family homes spent on the market, 3 days more compared to November 2017
  • 2,380 - New single-family home listings on the market, 2% more compared to November 2017
  • 6,907 - Active single-family home listings on the market, 12% more compared to November 2017
  • 2,217 - Pending sales for single-family homes, 3% more compared to November 2017
  • 2.7 - Months of inventory of single-family homes, about the same as November 2017
  • $839,317,911 - Total dollar volume of single-family properties sold, 6% more compared to November 2017

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

  • 61 - $1M+ properties sold, 5% more compared to November 2017
  • $1,309,500 - Median price for $1M+ properties, 2% less compared to November 2017
  • $1,507,081 - Average price for $1M+ properties, 3% more compared to November 2017
  • $351 - Average price per sq ft for $1M+ properties, 4% more compared to November 2017
  • 112 - Average number of days $1M properties spent on the market, 25 days less compared to November 2017
  • 82 - New $1M+ properties on the market, 11% more compared to November 2017
  • 723 - Active $1M+ properties on the market, 2% less compared to November 2017
  • 54 - Pending sales for $1M+ properties, 15% more compared to November 2017
  • 10.9 - Months of inventory of $1M+ properties, 2 months less compared to November 2017
  • $91,931,941 - Total dollar volume of $1M+ properties sold, 5% more compared to November 2017

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October 2018

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

  • 2,347 - Single-family homes sold, 4% more compared to October 2017
  • $308,355 - Median price for single-family homes, 8% more compared to October 2017
  • $384,068 - Average price for single-family homes, 4% more compared to October 2017
  • $178 - Average price per sq ft for single-family homes, 5.5% more compared to October 2017
  • 59 - Average number of days single-family homes spent on the market, 3 days more compared to October 2017
  • 2,871 - New single-family home listings on the market, 4% more compared to October 2017
  • 7,434 - Active single-family home listings on the market, 8% more compared to October 2017
  • 2,444 - Pending sales for single-family homes, 4% less compared to October 2017
  • 3.0 - Months of inventory of single-family homes, about the same as October 2017
  • $901,408,403 - Total dollar volume of single-family properties sold, 9% more compared to October 2017

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

  • 67 - $1M+ properties sold, 5.6% less compared to October 2017
  • $1,325,000 - Median price for $1M+ properties, the same as October 2017
  • $1,470,997 - Average price for $1M+ properties, 3% less compared to October 2017
  • $345 - Average price per sq ft for $1M+ properties, 1.4% less compared to October 2017
  • 116 - Average number of days $1M properties spent on the market, 10 more compared to October 2017
  • 108 - New $1M+ properties on the market, 10% more compared to October 2017
  • 806 - Active $1M+ properties on the market, about the same as October 2017
  • 68 - Pending sales for $1M+ properties, 15% more compared to October 2017
  • 9.4 - Months of inventory of $1M+ properties, 2 months less compared to October 2017
  • $98,556,799 - Total dollar volume of $1M+ properties sold, 8% less compared to October 2017

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September 2018

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

  • 2,368 - Single-family homes sold, 0.9% less compared to September 2017
  • $302,250 - Median price for single-family homes, 4.2% more compared to September 2017
  • $382,423 - Average price for single-family homes, 6.7% more compared to September 2017
  • $174 - Average price per sq ft for single-family homes, 6.7% more compared to September 2017
  • 53 - Average number of days single-family homes spent on the market, 1 day less compared to September 2017
  • 2,790 - New single-family home listings on the market, 2% less compared to September 2017
  • 7,706 - Active single-family home listings on the market, 5% more compared to September 2017
  • 2,362 - Pending sales for single-family homes, 4% less compared to September 2017
  • 3.0 - Months of inventory of single-family homes, same as compared to September 2017
  • $906,000,000 - Total dollar volume of single-family properties sold, 6% more compared to September 2017

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

  • 62 - $1M+ properties sold, 17% more compared to September 2017
  • $1,337,500 - Median price for $1M+ properties, 2.9% more compared to September 2017
  • $1,607,621 - Average price for $1M+ properties, 4.3% less compared to September 2017
  • $344 - Average price per sq ft for $1M+ properties, 1.8% more compared to September 2017
  • 96 - Average number of days $1M properties spent on the market, 4 more compared to September 2017
  • 141 - New $1M+ properties on the market, 1.4% more compared to September 2017
  • 830 - Active $1M+ properties on the market, 3.8% less compared to September 2017
  • 73 - Pending sales for $1M+ properties, same as compared to September 2017
  • 9.4 - Months of inventory of $1M+ properties, about the same as compared to September 2017
  • $99,672,502 - Total dollar volume of $1M+ properties sold, 14% more compared to September 2017

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August 2018

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

  • 3,034 - Single-family homes sold, 4% more compared to August 2017
  • $322,478 - Median price for single-family homes, 8% more compared to August 2017
  • $398,278 - Average price for single-family homes, 7% more compared to August 2017
  • $176 - Average price per sq ft for single-family homes, 6% more compared to August 2017
  • 50 - Average number of days single-family homes spent on the market, 3 more compared to August 2017
  • 3,741 - New single-family home listings on the market, 16% more compared to August 2017
  • 7,887 - Active single-family home listings on the market, 4% more compared to August 2017
  • 2,798 - Pending sales for single-family homes, 12% more compared to August 2017
  • 3.1 - Months of inventory of single-family homes, no change compared to August 2017
  • $1,208,374,131 - Total dollar volume of single-family properties sold, 11% more compared to August 2017

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

  • 90 - $1M+ properties sold, 18% more compared to August 2017
  • $1,300,000 - Median price for $1M+ properties, 1.5% more compared to August 2017
  • $1,599,845 - Average price for $1M+ properties, 4.3% more compared to August 2017
  • $366 - Average price per sq ft for $1M+ properties, 4.3% more compared to August 2017
  • 90 - Average number of days $1M properties spent on the market, 6 fewer compared to August 2017
  • 127 - New $1M+ properties on the market, 7.6% more compared to August 2017
  • 845 - Active $1M+ properties on the market, 2.5% less compared to August 2017
  • 78 - Pending sales for $1M+ properties, 30% more compared to August 2017
  • 8.9 - Months of inventory of $1M+ properties, 3.2 months less compared to August 2017
  • $143,986,050 - Total dollar volume of $1M+ properties sold, 4.3% more compared to August 2017

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July 2018

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

  • 3,103 - Single-family homes sold, 8.8% more compared to July 2017
  • $320,000 - Median price for single-family homes, 6.0% more compared to July 2017
  • $404,207 - Average price for single-family homes, 4.5% more compared to July 2017
  • $181 - Average price per sq ft for single-family homes, 6.8% more compared to July 2017
  • 44 - Average number of days single-family homes spent on the market, about the same compared to July 2017
  • 3,738 - New single-family home listings on the market, 1.0% less compared to July 2017
  • 7,522 - Active single-family home listings on the market, 3.0% less compared to July 2017
  • 3,065 - Pending sales for single-family homes, 11.0% more compared to July 2017
  • 2.9 - Months of inventory of single-family homes, 0.2 months less compared to July 2017
  • $1,254,255,680 - Total dollar volume of single-family properties sold, 13.7% more compared to July 2017

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

  • 91 - $1M+ properties sold, 2.2% less compared to July 2017
  • $1,299,950 - Median price for $1M+ properties, 1.9% less compared to July 2017
  • $1,650,187 - Average price for $1M+ properties, 4.4% less compared to July 2017
  • $381 - Average price per sq ft for $1M+ properties, 2.8% less compared to July 2017
  • 85 - Average number of days $1M properties spent on the market, 9 more compared to July 2017
  • 149 - New $1M+ properties on the market, 46.1% more compared to July 2017
  • 875 - Active $1M+ properties on the market, 2.2% less compared to July 2017
  • 85 - Pending sales for $1M+ properties, 13.3% more compared to July 2017
  • 8.4 - Months of inventory of $1M+ properties, 1.6 months less compared to July 2017
  • $150,167,017 - Total dollar volume of $1M+ properties sold, 6.5% less compared to July 2017

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June 2018

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

  • 3,299 - Single-family homes sold, 2.7% less compared to June 2017
  • $326,250 - Median price for single-family homes, 4.9% more compared to June 2017
  • $410,765 - Average price for single-family homes, 4.2% more compared to June 2017
  • $179 - Average price per sq ft for single-family homes, 5.5% more compared to June 2017
  • 44 - Average number of days single-family homes spent on the market, 2 fewer compared to June 2017
  • 4,138 - New single-family home listings on the market, 3.0% less compared to June 2017
  • 7,378 - Active single-family home listings on the market, 1.0% less compared to June 2017
  • 3,201 - Pending sales for single-family homes, 8.0% more compared to June 2017
  • 2.9 - Months of inventory of single-family homes, 0.1 months less compared to June 2017
  • $1,355,115,121 - Total dollar volume of single-family properties sold, 1.4% more compared to June 2017

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

  • 97 - $1M+ properties sold, 8.5% less compared to June 2017
  • $1,375,000 - Median price for $1M+ properties, 4.0% more compared to June 2017
  • $1,714,100 - Average price for $1M+ properties, 7.3% more compared to June 2017
  • $404 - Average price per sq ft for $1M+ properties, 17.8% more compared to June 2017
  • 79 - Average number of days $1M properties spent on the market, 2 more compared to June 2017
  • 171 - New $1M+ properties on the market, 3.0% more compared to June 2017
  • 901 - Active $1M+ properties on the market, 5.4% less compared to June 2017
  • 107 - Pending sales for $1M+ properties, 7.0% more compared to June 2017
  • 6.9 - Months of inventory of $1M+ properties, 1.1 months less compared to June 2017
  • $166,267,700 - Total dollar volume of $1M+ properties sold, 1.8% less compared to June 2017

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May 2018

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

  • 3,210 - Single-family homes sold, 4.2% more compared to May 2017
  • $325,000 - Median price for single-family homes, 4.8% more compared to May 2017
  • $396,919 - Average price for single-family homes, 2.3% more compared to May 2017
  • $176 - Average price per sq ft for single-family homes, 3.6% more compared to May 2017
  • 46 - Average number of days single-family homes spent on the market, 3 more compared to May 2017
  • 4,464 - New single-family home listings on the market, 5% more compared to May 2017
  • 6,848 - Active single-family home listings on the market, 1% more compared to May 2017
  • 3,436 - Pending sales for single-family homes, 6% more compared to May 2017
  • 2.7 - Months of inventory of single-family homes, 0.1 months less compared to May 2017
  • $1,274,110,895 - Total dollar volume of single-family properties sold, 6.6% more compared to May 2017

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

  • 95 - $1M+ properties sold, 10.5% more compared to May 2017
  • $1,250,000 - Median price for $1M+ properties, 11.9% less compared to May 2017
  • $1,486,045 - Average price for $1M+ properties, 14.5% less compared to May 2017
  • $331 - Average price per sq ft for $1M+ properties, 7.5% less compared to May 2017
  • 63 - Average number of days $1M properties spent on the market, 16 fewer compared to May 2017
  • 196 - New $1M+ properties on the market, 3.2% more compared to May 2017
  • 901 - Active $1M+ properties on the market, 4.1% less compared to May 2017
  • 99 - Pending sales for $1M+ properties, 10% less compared to May 2017
  • 7.4 - Months of inventory of $1M+ properties, 0.2 months more compared to May 2017
  • $141,174,275 - Total dollar volume of $1M+ properties sold, 5.6% less compared to May 2017

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April 2018

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

  • 2,611 - Single-family homes sold, 4.1% more compared to April 2017
  • $316,000 - Median price for single-family homes, 3.8% more compared to April 2017
  • $404,217 - Average price for single-family homes, 9.2% more compared to April 2017
  • $178 - Average price per sq ft for single-family homes, 5.9% more compared to April 2017
  • 51 - Average number of days single-family homes spent on the market, 2 more compared to April 2017
  • 4,139 - New single-family home listings on the market, 6.0% more compared to April 2017
  • 6,154 - Active single-family home listings on the market, 3.0% less compared to April 2017
  • 3,320 - Pending sales for single-family homes, 14.0% more compared to April 2017
  • 2.4 - Months of inventory of single-family homes, 0.2 months less compared to April 2017
  • $1,055,410,883 - Total dollar volume of single-family properties sold, 13.7% more compared to April 2017

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

  • 92 - $1M+ properties sold, 53.3% more compared to April 2017
  • $1,340,000 - Median price for $1M+ properties, 5.3% more compared to April 2017
  • $1,528,706 - Average price for $1M+ properties, 6.1% less compared to April 2017
  • $351 - Average price per sq ft for $1M+ properties, 4.4% less compared to April 2017
  • 79 - Average number of days $1M properties spent on the market, 20 fewer compared to April 2017
  • 206 - New $1M+ properties on the market, 1.4% less compared to April 2017
  • 863 - Active $1M+ properties on the market, about the same compared to April 2017
  • 106 - Pending sales for $1M+ properties, 30.9% more compared to April 2017
  • 6.7 - Months of inventory of $1M+ properties, 2.6 months less compared to April 2017
  • $140,640,952 - Total dollar volume of $1M+ properties sold, 44.0% more compared to April 2017

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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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