Austin Housing Market Report February 2023

In today's market, it's crucial to adopt fresh tactics and strategies to succeed. Partnering with experienced agents and staying up-to-date with the latest market trends in your area can help you make informed decisions that set you up for a successful future.

 

The Austin housing market is showing signs of new life this spring. Pending sales are holding steady or beginning to rise in and around the greater Austin area. Additionally, monthly inventory levels have risen year over year to 2.6 months, providing buyers more options as they navigate the market. However, months of inventory have declined in recent months from their high of 3.2 months of inventory in October 2022.  

 

Home builder confidence is also growing as the housing market…

San Antonio Housing Market Report February 2023

In today's market, it's crucial to adopt fresh tactics and strategies to succeed. Partnering with experienced agents and staying up-to-date with the latest market trends in your area can help you make informed decisions that set you up for a successful future.

 

The San Antonio housing market is showing signs of new life this spring. Pending sales are holding steady or beginning to rise across the region. Additionally, monthly inventory levels have risen to 3.2 months, providing buyers more options as they navigate the market. Home builder confidence is also growing as the housing market stabilizes. 

 

So, what happened in the San Antonio housing market in February 2023? Let’s take a closer look:

  • The number of homes for sale increased by…

San Antonio Housing Market Report January 2023

It’s important to adopt fresh tactics and strategies to succeed in today’s market. Partnering with experienced agents and keeping up-to-date with the latest market trends in your area can help you make informed decisions that set you up for a successful future.

 

The San Antonio housing market is facing some unique challenges in 2023. In this blog post, we’ll take a closer look at what’s happening in the market and explore some potential solutions for buyers and sellers alike.

 

Although home prices in San Antonio have fallen by 11% since June, the market is still favoring sellers due to flat housing inventory. The median home price is now at $308,249 as of January. The biggest hurdle for the San Antonio housing market is the shortage of homes for…

Austin Housing Market Report January 2023

It’s important to adopt fresh tactics and strategies to succeed in today’s market. Partnering with experienced agents and keeping up-to-date with the latest market trends in your area can help you make informed decisions that set you up for a successful future.

 

The Austin housing market is facing some unique challenges in 2023. In this blog post, we'll take a closer look at what's happening in the market and explore some potential solutions for buyers and sellers alike.


Although home prices in Austin have fallen by 18% since May 2022, the market is still favoring sellers due to flat housing inventory. The median home price is now at $450,000 as of January. The biggest hurdle for the Austin housing market is the shortage of homes for sale…

Austin Housing Market Report Year-End & December 2022

New markets require new approaches and tactics. Working with a trusted real estate expert in your local area will help you make an informed decision for your future.

 

Now is the time of year when housing industry experts analyze the market data to forecast what’s to come. We’ve rounded up a few of the most important predictions for you to consider below, but before we get to it, let’s talk about how we finished 2022.

 

Median home prices peaked in May and declined by 16% through December. The year ended with the median price for a home in Austinsetting a new annual record of $503,000, according to the Austin Board of REALTORS®. Despite this record, the housing market continued shifting towards buyers as home sales declined 18% last year and…

San Antonio Housing Market Report Year-End & December 2022

New markets require new approaches and tactics. Working with a trusted real estate expert in your local area will help you make an informed decision for your future.

Now is the time of year when housing industry experts analyze market data to forecast what’s to come. We’ve rounded up a few of the most important predictions for you to consider below, but before we get to it, let’s talk about how we finished 2022.

Median home prices peaked in June and declined by 6% through December. The year ended with slight increases in average and median prices for a home in San Antonio at $379,000 and $324,000, respectively, according to the San Antonio Board of REALTORS®. Despite this increase, the housing market continued shifting towards buyers as home…

San Antonio Housing Market Report November 2022

Whether you are a current or prospective homeowner or renter or are considering buying or selling, it is important to know how the current state of the market impacts your daily decisions while living in Central Texas. Our blogs are written to provide you with the data to create clarity so that you can make informed real estate-related decisions. Read below to gain valuable market insights and connect with one of our local agents today!

Median home prices in San Antonio declined for the fifth month in a row to $314,625 from their peak in June at $348,200. Homes are still appreciating year over year by 5% for the month of November 2022 according to data from the San Antonio Board of REALTORS®. Homes are now selling for 94% of their asking price, as…

Austin Housing Market Report November 2022

Whether you are a current or prospective homeowner or renter or considering buying or selling, it is important to know how the current state of the market impacts your daily decisions while living in Central Texas. Our blogs are written to provide you with the data to create clarity so that you can make informed real estate-related decisions. Read below to gain valuable market insights and connect with one of our local agents today!

For the first time since 2019, median home prices in Austin remained unchanged year over year at $467,000 for the month of November 2022, according to the Austin Board of REALTORS®. Home prices in Austin have declined for six consecutive months from their peak in May at $550,000. Homes are now selling for 90% of their…

San Antonio Turns Toward a Buyer's Market

Whether you are a current or prospective homeowner or renter, and regardless if you are considering buying or selling, it is important to know how the current state of the market impacts your daily decisions while living in San Antonio. We understand the importance of providing you with a transparent outlook on the health of the local market so that you can make informed real estate-related decisions. Our monthly blog is here to provide you with the data to create clarity.

What’s in This Issue?

This month’s market report blog covers the following questions on everyone’s mind. Read below to gain valuable market insights and connect with one of our local agents today!

  • Are market conditions more favorable towards buyers?
  • What caused the growth…