January 15, 2018

December 2017 Austin TX Real Estate Market Conditions

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Happy 2018! Let's lookback and see how real estate in Austin, Texas was for December 2017.  Home sales increased 8.4% from this time last year.  1,084 residential properties were sold in Austin, Texas during December 2017 and there are currently 808 homes under contract waiting to close.  The average property spent 60 days on the market and the median price was $345,000.  With 1,747 active residential listings in Austin, Texas, this gives us only a 1.6 month's worth of inventory.

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