Strength in numbers, Austin dips, but area growsStrength in numbers, Austin dips, but area growshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=151132016-11-16T06:00:00Z2016-11-16T22:35:00Z

​​​AUSTIN - Single-family home sales are down by 1 percent, a trend attributed to a decrease in housing inventory and a rise in development cost.

Home sales in the Austin-Round Rock area decreased by 1 percent in third quarter 2016 to 9,249 single-family home sales, and the median price rose 7.7 percent to $279,900 during the same timeframe. 

This is from the most recent Texas Quarterly Housing​ (see page 4) report was released by the Texas Association of Realtors. 

Leonard Guerrero, regional vice president with the Texas Association of Realtors, said because of the limited number of housing options in the Austin-Round Rock MSA, potential buyers are beginning to look toward surrounding areas, such as Buda, Kyle, Dripping Springs, San Marcos and Wimberley.

Community Impact Newspaper
Austin-Round Rock

​See Austin Housing Market Research​

Check out Texas Association of Realtors​'s Quarterly Housing Report 3Q 2016​ (PDF).

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