• Sign Up
  • Log In
Team Price Real Estate
(512) 213-0213realestate@teamprice.com
  • Search
    • Search Properties
    • Featured Properties
    • Explore Local Guide
    • Browse Properties by Area
    • Browse Properties by City
    • Browse Properties by Zip
    • Browse Properties by Subdivision
    • Browse Properties by School District
  • Buying
    • Home Buyer's Guide
    • Real Estate Forms
    • Mortgage Calculator
    • First Time Home Buying
    • Assuming a FHA home loan
    • Assuming a VA Home Loan
  • Selling
    • Home Seller's Guide
    • Marketing Plan
    • Home Valuation
  • Market Update
  • Insight & Statistics
  • Articles
  • About
    • Agents
    • Testimonials
    • Monday Touch Point
    • About Us
    • Our Guarantee
    • Join Our Team
    • Code Of Ethics
    • EULA
    • Glossary
  • Contact
  • (512) 213-0213
  • realestate@teamprice.com
    Copy Email
  • Team Price Real Estate
    7320 N Mo-Pac
    Austin, TX 78731
    (512) 213-0213
    dan@teamprice.com

Search

  • Search Properties
  • By City
  • By Subdivision
  • By Zip

Explore

  • Featured Properties
  • Property Search
  • Areas

About

  • Home
  • About
  • Agents
  • Testimonials
  • Contact Us

Resources

  • Market Update
  • Tenant Pre-Screening
  • Real Estate Forms
  • Real Estate Glossary

Company

  • Guarantee
  • Work with Us
  • Interview Questions
  • Join Our Team
Team Price Real Estate - Footer Logo
  • Texas Real Estate Commission Information About Brokerage Services
  • Texas Real Estate Commission Consumer Protection Notice
  • Privacy
  • Terms
  • DMCA
  • Accessibility
  • Fair Housing
© 2026 Team Price Real Estate. All rights reserved.
Website built by CloseHack.
Central Texas Multiple Listing Service

Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Team Price Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.

North Texas Real Estate Information Systems

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Team Price Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

Austin Board of Realtors

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

  • MLSGrid IDX Data Notice
  • DMCA Notice
LERA MLS

Information provided Courtesy of LERA MLS - Local Expertise Regional Access. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2025 LERA MLS, All Rights Reserved.

Greater McAllen Association of Realtors

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Austin Real Estate Market Sees 21.4% Decline in 2024: January to September Data

Austin Real Estate Market Sees 21.4% Decline in 2024: January to September Data

Published 09/23/2024 | Posted by Dan Price

2024 Sees 21.4% Fewer Sales Between January and September


September 23, 2024 : The Austin real estate market has seen a noticeable slowdown in 2024. From January to September, the number of properties sold in the Austin Area per 100,000 population dropped by 21.4%. This decline marks a significant change in a region that has been known for its booming real estate activity. The latest data indicates that the real estate market in Austin is cooling, reflecting broader market trends that may affect both buyers and sellers.



Between the beginning of the year and September, cumulative sold properties per 100,000 population have decreased compared to the same period in previous years. The dip in sales activity, particularly this 21.4% decline, has brought sales volume below the historical average. While some months showed signs of slight improvement, the overall downward trend has been clear. For instance, certain months experienced minor upticks in property sales, with gains of 2.4% or more. However, these gains were insufficient to offset the overall decrease.


Historical trends in Austin show that the city has experienced fluctuating real estate activity over the past two decades. In years of robust economic growth and lower interest rates, the market saw significant increases in sales density. However, 2024 presents a different picture. Buyers seem more hesitant, likely impacted by increased mortgage rates and concerns about affordability. Even though there have been occasional periods of market stabilization, the cumulative figures for 2024 reflect a consistent cooling trend.


The 21.4% decrease is significant when considering the historical context. Over the past few years, Austin’s real estate market has been a hotspot for growth, with strong demand from buyers locally and from out of state. This year’s slowdown indicates that fewer properties are being sold, which could be attributed to changing economic conditions or potential shifts in buyer behavior. At the same time, the broader national market has seen similar slowdowns, reinforcing the idea that the real estate sector is entering a more cautious phase.


While the cumulative decline from January to September is notable, there are still moments of optimism. Certain periods experienced growth, with sales density increasing by over 12% during specific months. These spikes suggest that while the overall trend is downward, there are pockets of activity that show buyers are still engaging with the market. However, these short-term gains are not enough to reverse the broader 21.4% drop seen over the entire nine-month period.


The long-term outlook for Austin's real estate market will depend on various factors, including interest rates, buyer sentiment, and affordability. While the 2024 slowdown presents challenges, the historical resilience of Austin’s market suggests that future growth is still possible once current economic pressures ease. For now, though, the data points to a market that is operating below its typical performance levels, and both buyers and sellers will need to adjust their strategies accordingly.

  • Austin real estate market
  • Austin property sales 2024
  • Austin real estate trends
  • Austin home sales decline
  • Austin housing market 2024
  • Austin real estate slowdown
  • Austin home buying trends
  • Austin property market data
  • Austin real estate statistics
  • sold properties Austin 2024
  • Austin real estate analysis
  • Texas Housing Market
  • Austin MLS sales
  • property sales Austin
  • Austin market data 2024

Related Articles

Keep reading other bits of knowledge from our team.

    Request Info

    Have a question about this article or want to learn more?