The Advisor

Austin, TX

Single-Family Homes

TX Broker # 602995



Austin, TX

Sat Mar 02 2024
This week the median list price for Austin, TX is $795,223 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 2,017. Click here to stay informed with the Austin market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Austin, TX

Sat Mar 02 2024
This week the median list price for Austin, TX is $795,223 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 2,017. Click here to stay informed with the Austin market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Austin market.
Median List Price $795,223
Median Price of New Listings $675,000
Per Square Foot $379
Average Days on Market 111
Median Days on Market 84
Price Decreased 46%
Price Increased 3%
Relisted 9%
Inventory 2,017
Median Rent
Market Action 37
Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

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
$2,236,783 3,824 0.25 - 0.5 acre 4 4 10 51 23 105
$995,000 2,588 8,000 - 10,000 sqft 4 3 16 61 47 84
$650,000 2,019 6,500 - 8,000 sqft 3 2.5 21 87 68 63
$449,000 1,524 6,500 - 8,000 sqft 3 2 30 84 85 70