A “rise” by any other name would sell so sweet, Austin housing prices

​​​​​AUSTIN – Central Texas’ summer home-selling season ended on a strong note in August 2016, with annual gains in both home sales and median prices, the Austin Board of Realtors.

Single-family home sales rose 5.3 percent over the same month last year, with 2,985 home sales in the Austin-Round Rock metro area, the board said. 

The median sale price—$289,990—was up 9.4 percent compared with the August 2015.

The report covers home sales in Travis, Hays, Williamson, Bastrop, and Caldwell counties.

The largest gain in August was in Hays County where sales jumped 23.2 percent year-over-year, with 377 home sales. 

The median price for single-family homes in Hays County increased 7.8 percent to $253,250. 

In Williamson County, sales were largely flat in August, up 0.7 percent year-over-year with 1,035 home sales. The median price in Williamson County increased 6.6 percent, to $261,250.

Sales also were slow within Austin’s city limits, increasing 0.8 percent year-over-year to 868 home sales. Austin’s median price rose 10.3 percent year-over-year, to $356,276.