Today’s real estate market is one of the fastest-moving in recent memory. With record-low inventory in many market segments, we’re seeing multiple offers—and sometimes even bidding wars—for
2016 February Home Price Report In Austin
Dated: April 4 2016
Views: 202
Austin Median Home Price Up 12%
The biggest story in this month’s Austin Real Estate Price Report comes by way of median home prices. For the 18th month in a row, the median price of a home in Austin outpaced the previous year. We continue to hear stories of how expensive Austin real estate is, but we have yet to see buyers leave the market. And, with the influx of people from more expensive areas of the US, I don’t see this slowing down any time soon. The median price of an Austin home in February 2015 was $309,900 compared to $348,500 in February 2016, marking a 12% increase in year over year numbers.
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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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