Altos Market Data for Realtors
Austin, TX
Single-Family Homes
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Austin, TX
Thu Apr 18 2024
This week the median list price for Austin, TX is $824,900 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has increased to 2,483.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $824,900 | |
| Median Price of New Listings | $750,000 | |
| Per Square Foot | $389 | |
| Average Days on Market | 81 | |
| Median Days on Market | 35 | |
| Price Decreased | 43% | |
| Price Increased | 2% | |
| Relisted | 5% | |
| Inventory | 2,483 | |
| Median Rent | ||
| Market Action | 38 | |
| Slight Seller's Advantage | ||
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,495,000 | 3,778 | 0.25 - 0.5 acre | 4 | 4 | 13 | 102 | 34 | 49 |
| $1,012,000 | 2,584 | 0.25 - 0.5 acre | 4 | 3 | 22 | 111 | 52 | 35 |
| $669,990 | 2,031 | 8,000 - 10,000 sqft | 3 | 2.5 | 26 | 131 | 64 | 35 |
| $449,000 | 1,548 | 6,500 - 8,000 sqft | 3 | 2 | 29 | 133 | 73 | 35 |