Altos Market Data for Realtors

Austin, TX

Single-Family Homes

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Austin, TX

Sat Jul 20 2024
This week the median list price for Austin, TX is $739,999 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has increased to 3,373. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Austin, TX

Sat Jul 20 2024
This week the median list price for Austin, TX is $739,999 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has increased to 3,373. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Austin market.
Median List Price $739,999
Median Price of New Listings $660,000
Per Square Foot $362
Average Days on Market 87
Median Days on Market 56
Price Decreased 58%
Price Increased 2%
Relisted 5%
Inventory 3,373
Median Rent
Market Action 34
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,150,000 3,621 0.25 - 0.5 acre 4 4 17 37 42 70
$900,000 2,476 8,000 - 10,000 sqft 4 3 22 59 52 56
$620,000 1,995 6,500 - 8,000 sqft 3 2.5 30 69 70 56
$435,830 1,533 6,500 - 8,000 sqft 3 2 31 83 74 49