Tick, tick, tick—boom dynamite—Austin suburbs are hot!Tick, tick, tick—boom dynamite—Austin suburbs are hot!https://www.recenter.tamu.edu/news/newstalk-texas/?Item=145342016-09-23T05:00:00Z2016-09-16T16:00:00Z

​​​AUSTIN - After a down July 2016, home sales heated up in August, although much of that growth was concentrated outside the Capitol according to the Austin Board of Realtors (ABOR). 

Home sales in the Austin area increased 5.3 percent in August compared with the same month in 2015 and median price climbed 9.4 percent year-over-year to $289,990. 

But the region's overall growth in sales activity was nothing compared to Hays County, south of Austin, where the number of home sales leaped 23.2 percent and median price rose 7.8 percent to $253,250. 

ABOR attributed the head-spinning growth to increased home sales in Buda, San Marcos, and New Braunfels. ​​​

Austin Business Journal
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