January home sales up 9.8 percent in AustinJanuary home sales up 9.8 percent in Austinhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=158602017-02-17T06:00:00Z2017-02-17T18:00:00Z

​​​​AUSTIN – Single-family home sales posted strong gains throughout the Austin-Round Rock MSA in January, according to a new and expanded Central Texas Housing Market Report released this week by the Austin Board of Realtors.

Sales for the MSA increased 7 percent year over year to 1,549. In Austin alone, sales jumped 9.8 percent annually to 469.

Inventory remained largely flat across the MSA, increasing 0.1 months to two months of inventory. Inventory levels in Williamson County and other markets are now on pace with the City of Austin, where the level remained unchanged at 1.4 months. The inventory of homes priced under $250,000 is now at less than one month of inventory in many local markets. 

Area home prices continued to climb at a steady pace. Median home price across the MSA increased 9.8 percent year over year to $279,990, while the median price in Austin increased 2.3 percent year over year to $312,000.

Austin Board of Realtors
Austin-Round Rock
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