• Sign Up
  • Log In
Cassidy Schiltz
Cassidy Schiltz
cassidy@teamprice.com
    • Search
    • Areas
    • Properties
      • Search Properties
      • Featured Properties
    • Insight
    • Market Report
    • Market Update
    • About
      • Meet Cassidy
      • About Team Price
      • Testimonials
    • Contact
    • Sign Up
    • Cassidy Schiltz
      cassidy@teamprice.com
      Copy Email
    • Team Price Real Estate
      7320 N Mo-Pac
      Austin, TX 78731
      (512) 213-0213
      dan@teamprice.com

    Search

    • Search Properties
    • By City
    • By Subdivision
    • By Zip

    Explore

    • Featured Properties
    • Areas
    • Property Search

    Company

    • Guarantee
    • Work with Us
    • Interview Questions
    • Join Our Team

    Resources

    • Insight and Statistics
    • Tenant Pre-Screening
    • Real Estate Forms
    • Real Estate Glossary

    About

    • Home
    • About
    • Agents
    • Testimonials
    • Contact Us

    Account

    • Login
    • Sign Up
    Cassidy Schiltz - Footer Logo
    • Texas Real Estate Commission Information About Brokerage Services
    • Texas Real Estate Commission Consumer Protection Notice
    • Privacy
    • Terms
    • DMCA
    • Accessibility
    • Fair Housing
    © 2025 Team Price Real Estate. All rights reserved.
    Website built by CloseHack.
    Central Texas Multiple Listing Service

    Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Cassidy Schiltz may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.

    Austin Board of Realtors

    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.

    • MLSGrid IDX Data Notice
    • DMCA Notice

    Austin Real Estate: A Comprehensive Market Analysis Volume 19, Number 13

    Published 03/29/2023 | Posted by Dan Price
    Austin Real Estate Market Analysis: Trends, Prices & Statistics

    March 30, 2023 : Austin's Real Estate Market: An Executive Summary  


    AUSTIN, TX — The Austin real estate market has undergone significant changes in recent times. A comparison of the market's performance from last year to now reveals that the total number of active listings has soared from 3,601 to 9,815 within the entire Austin-Area MLS. This increase in inventory has led to a substantial change in the Months of Inventory metric, which has risen from 1.06 months last year to 4.49 months presently – a 4.23x increase. Within the City of Austin, the inventory has seen a 4.8x growth. 


    In terms of pricing, the average list price for active homes in the Austin-Area MLS has climbed 9.59% year over year, reaching $684,927. However, the average sold price for this month stands at $555,550, marking a decline of 11.60% compared to the previous year. Furthermore, the median sold price is currently $435,000, which is 13.86% lower than last year. Focusing on the City of Austin, the median sold price last year was $647,713, but this year, it has dipped to $550,000, a drop of 15.1% year over year. The average sold price to list price ratio for the area is 97.27%. 


     A closer look at the Austin real estate statistics reveals that, out of the 30 cities in Central Texas, 14 (47%) have experienced a month-over-month price increase, while 16 (53%) have witnessed a decrease. In terms of year-over-year performance, 4 out of 30 cities (13%) have seen an increase in prices, while a significant 26 cities (87%) have faced a price decrease. Year-to-date, 9 cities have observed an increase in median price, while 20 have seen a decline. From the peak in the past 12 months, no cities have experienced price growth, but 29 cities have registered a decrease. Analyzing the Austin home sales data for the 75 zip codes in Central Texas shows that 40 out of 75 (53%) have had a month-over-month price increase, while 33 (44%) have seen a decrease. 


    In terms of year-over-year performance, 11 out of 75 (15%) zip codes have experienced a price increase, while the majority, 63 (84%), have witnessed a decrease. Year-to-date, 35 zip codes have seen an increase in median price, whereas 38 have experienced a decline. From the peak in the past 12 months, none of the zip codes have seen an increase in price, but an overwhelming 74 have recorded a decrease. 


    In conclusion, the Austin home values landscape has undergone noteworthy fluctuations in recent times. While the market has witnessed an increase in the number of active listings and average list prices, the average and median sold prices have seen a decline. These market shifts demand the attention of both home buyers and sellers who need to adapt to the changing dynamics of the Austin real estate market.

    Residential Sale


    Residential Lease

    Request Info

    Have a question about this article or want to learn more?