The Austin, Texas real estate market has seen ups and downs over the past two decades, but overall has shown strong growth. The number of sold properties in the Austin metro area each month reached a peak of 4,093 in August 2020 before declining over the next couple years. As of August 2022, the number of sold properties was 2,944, which is 17.1% below the monthly average of 2,251.

Looking at the data cumulatively from January to August each year, sold properties in 2022 are 8.0% above the average, despite the monthly drop in August. This indicates that early 2022 was strong for Austin real estate transactions before slowing down over the summer.
The number of realtors in the Austin MLS has increased dramatically since 2000, reaching over 20,000 in August 2022. This is a 59.4% increase compared to the August average of 13,296 realtors. However, when accounting for Austin's population growth, realtors per 100,000 residents in August 2022 are only 13.5% above average.

Despite the growth in the number of realtors, sales per 1,000 realtors in August 2022 were 47.4% below the historical August average. This indicates that each realtor is selling significantly fewer homes on average.
The data shows that while Austin's population and number of realtors has grown substantially, real estate sales have slowed in recent months. Factors like higher mortgage rates, inflation, and economic uncertainty in 2022 have likely contributed to the cooling Austin housing market.
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