ABOR: Housing market has best March on recordABOR: Housing market has best March on recordhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=198892018-04-20T05:00:00Z2018-04-20T15:00:00Z

​​​AUSTIN – According to the Austin Board of Realtors (ABOR), last month was the best March on record with 2,714 single-family homes sold in the area.

Local home ​​​​sales grew 10.5 percent year over year in March 2018, and the median price grew 3.5 percent to $305,233. 

Housing inventory​​ decreased 0.2 months from March 2017 to 2.2 months. The Real Estate Center considers six to 6.5 months a balanced market. 

Homes priced from $150,000-$250,000 stayed on the market less than 50 days on average​, said ABOR's report.

Austin Board of Realtors
Austin-Round Rock
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