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At KXAN, we're keeping track of home prices, and several other data points, to help buyers and sellers stay on top of trends in the market.
An analysis and chart by Redfin tells the Austin story. The wave of demand for housing in Austin has subsided. From Redfin, screen capture by author. ... Rising home prices.
This dynamic is painfully evident in data from Altos Research, and it’s most obvious in Austin. The year-over-year median price change in “baby San Jose” turned negative at the end of 2022.
Home prices and rents are down significantly in Austin, a pandemic-era boomtown. But the slowdown is actually a sign of a healthy market.
Year-to-date home sales price data from the Austin Board of Realtors show a 12.6% decline in median price for homes in the five-county Austin region compared to the first four months of last year.
Longtime Central Texas housing market analyst Eldon Rude recently gave his 21st annual forecast at an event sponsored by the Home Builders Association of Greater Austin. Rude is principal of 360 ...
In May 2022, the median list price of a home in Austin reached a peak of $539,900. According to Moody's Analytics, homes in the Texas city were overvalued by 63.7 percent in the first quarter of 2022.
Median sales prices in the metro skyrocketed to a record-high $550,000 last April, and are down by about $83,000 a year later.
Home prices are down in Austin after soaring to new heights last year. The median sales price in the area was $466,705 last month, down 15 percent from $550,000 in April 2022, ...
The housing price decline in Austin was followed by San Francisco with a drop of 10 percent, Bend, Oregon, with a fall of 9.5 percent and Boise with a decrease of 9.3 percent.