Austin has record August
AUSTIN – Last month, the metro’s housing market had its highest-grossing sales for any August on record and the third-highest median price for any month, according to the Austin Board of Realtors.
Area agents sold 3,034 homes across the metro in August, 3.7 percent more than last year.
The median price was $322,478, up 8.2 percent over the year. That’s the third-highest median on record, trailing June’s all-time high of $326,250 and May’s second-highest level of $325,000.
Strong sales led to double-digit gains in sales dollar volume, totaling $1.2 billion. That’s 10.5 percent higher than August 2017.
For more Texas housing stats, read the Center’s latest Texas Housing Insightreport.
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