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    dan@teamprice.com

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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.

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© 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

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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.

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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.

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Austin Real Estate Market Update - September 14, 2023

Latest Trends and Insights

Volume 19; Number 37

Austin Real Estate Market Update : Welcome back to our weekly exploration of Austin's ever-changing real estate landscape. As we move further into 2023, it's essential to stay updated on the latest market trends. Let's dive into the details.


Inventory and Months of Supply : Last year, the Austin-Area MLS reported a total of 12,941 active listings. Fast forward to today, and that number has slightly dipped to 12,495. Interestingly, the Months of Inventory has climbed from 3.96 months to 4.65 months, marking a 1.2x increase. This suggests that the market is gradually becoming more balanced, providing a broader range of options for potential buyers.


Pricing Dynamics : The average list price for active homes in the Austin-Area MLS currently sits at $677,171, showing a modest 1.68% year-over-year increase. The average sold price this month is $600,554, which is a 3.44% increase compared to last year. However, the median sold price has seen a slight dip, decreasing by 4.33% to $440,000 year over year.


City-Wide and Regional Trends : Within the City of Austin, the median sold price has decreased by 3.3% year over year. When examining the 30 cities in Central Texas, 47% have experienced a month-over-month price increase, while 53% have seen a decrease. Year over year, 37% of cities have seen a price increase, and 63% have experienced a decrease.


Zip Code Analysis : Among the 75 zip codes in Central Texas, 48% have reported a month-over-month price increase, while 51% have seen a decrease. On a year-over-year basis, 33% of zip codes have seen a price increase, and a significant 67% have experienced a decrease.


Sales vs List Prices : This month, 64.46% of all sold properties were under the list price, nearly identical to last month's 64.52%. Meanwhile, 22.57% sold at the list price, and 12.98% sold over the list price.


Conclusion : The Austin real estate market remains a complex landscape with opportunities and challenges for buyers, sellers, and investors alike. Staying informed on the latest market trends is crucial for making educated decisions. For an even more comprehensive view, we invite you to explore our 500+ pages of detailed market statistics for the Austin area below.

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Austin Area Residential Sales Insights

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