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Is Austin in a Buyers or Sellers Market?

Is the Austin Real Estate Market a Buyers or Sellers Market right now?  Not only do we have the answers below, but we show you the past history.  We use this information to help our clients make informed buying and selling decisions.  

Median Home Price:  This is the mid-price point of all homes sold that month.  

Months of Inventory:  Number of houses currently for sale divided by the number of homes sold in a month

Type of Market:

Sellers = Less than 5 Months of Inventory
Neutral = Between 5-7 Months of Inventory
Buyers = More than 7 Months of Inventory

What does that mean to you?  If you are a Buyer in a Seller's Market, expect a lot of competition.  This could mean competing against multiple offers.  If you are a Seller in a Buyer's Market, again, expect a lot of competition - a lot of houses on the market for buyers to choose from.

This report is for the Austin area as a whole.  Keep in mind we have markets within markets meaning that different parts of town and different price points may be experiencing a different type of market.  We have access to that information as well and are happy to share it with you.

    

 2017 

Median Home Price

Months of Inventory

 Type of Market 

 DEC  $    Sellers 
 NOV $   Sellers 
 OCT $   Sellers 
 SEP $   Sellers 
 AUG $   Sellers 
 JUL  $    Sellers 
 JUN  $    Sellers 
 MAY $   Sellers 
 APR $   Sellers 
 MAR $   Sellers
 FEB $   Sellers
 JAN $   Sellers

 2016 

Median Home Price

Months of Inventory

 Type of Market 

 DEC     Sellers 
 NOV  $294,245   2.3  Sellers 
 OCT $279,000  2.6  Sellers 
 SEP  $275,250   2.7  Sellers 
 AUG  $289,990   2.8  Sellers 
 JUL  $285,000   2.8  Sellers 
 JUN  $295,000   2.5 Sellers 
 MAY  $288,198  2.4  Sellers 
 APR  $288,198  2.3  Sellers 
 MAR  $278,000 2.0 Sellers
 FEB  $269,900 2.1 Sellers
 JAN  $254,999 2.0 Sellers

 2015

Median Home Price 

 Months of Inventory

Type of Market 

 DEC $269,000 2.2 Sellers
 NOV $264,900 2.5 Sellers
 OCT $250,000 2.8 Sellers
 SEP $251,950 2.9 Sellers
 AUG $260,000 3.0 Sellers
 JUL $261,000 3.1 Sellers
 JUN $269,000 2.8 Sellers
 MAY $268,000 2.7 Sellers
 APR $267,485 2.5 Sellers
 MAR $250,000 2.3 Sellers
 FEB $244,150 2.2 Sellers
 JAN $236,561 2.2 Sellers

2014 

 Median Home Price

 Months of Inventory

Type of Market 

 DEC $242,620 2.3 Sellers
 NOV $240,000 2.6 Sellers
 OCT $237,500 2.9 Sellers
 SEP $237,500 2.9 Sellers
 AUG $242,000 3.1 Sellers
 JUL $245,000 3.0 Sellers
 JUN $248,000 2.8 Sellers
 MAY $244,845 2.6 Sellers
 APR $233,500 2.4 Sellers
 MAR $229,000 2.2 Sellers
 FEB $225,000 2.2 Sellers
 JAN $210,000 2.1 Sellers

2013 

 Median Home Price

 Months of Inventory

Type of Market 

 DEC $224,700 2.1 Sellers
 NOV $216,000 2.4 Sellers
 OCT $215,000 2.6 Sellers
 SEP $219,875 2.8 Sellers
 AUG $217,000 2.9 Sellers
 JUL $228,250 2.8 Sellers
 JUN $229,900 2.9 Sellers
 MAY $227,900 2.8 Sellers
 APR $225,000 2.7 Sellers
 MAR $215,000 2.7 Sellers
 FEB $205,000 2.6 Sellers
 JAN $195,000 2.6 Sellers

2012 

 Median Home Price

 Months of Inventory

Type of Market 

 DEC $207,750 2.8 Sellers
 NOV $197,500 3.3 Sellers
 OCT $195,500 3.6 Sellers
 SEP $195,000 3.9 Sellers
 AUG $209,000 4.1 Sellers
 JUL $211,500 4.4 Sellers
 JUN $215,000 4.5 Sellers
 MAY $210,000 4.4 Sellers
 APR $205,000 4.4 Sellers
 MAR $199,101 4.3 Sellers
 FEB $189,950 4.2 Sellers
 JAN $174,000 4.2 Sellers

2011 

Median Home Price 

Months of Inventory 

 Type of Market

 DEC $186,450  4.2 Sellers
 NOV $185,000  4.8 Sellers
 OCT $189,000  5.3 Neutral
 SEP $186,000  5.6 Neutral
 AUG $195,000  6.1 Neutral
 JUL $191,975  6.7 Neutral
 JUN $200,000  7.0 Buyers
 MAY $194,500  7.3 Buyers
 APR $190,000  6.9 Neutral
 MAR $184,500  6.0 Neutral
 FEB $187,000  5.9 Neutral
 JAN $186,000  5.9 Neutral

2010 

 Median Home Price

Months of Inventory

Type of Market 

 DEC $191,000  5.8  Neutral
 NOV $179,500  6.5  Neutral
 OCT $190,000  7.5  Buyers
 SEP $195,000  7.7  Buyers
 AUG $194,750  7.8  Buyers
 JUL $211,850  8.1  Buyers
 JUN $200,436  7.8  Buyers
 MAY $187,068  7.3  Buyers
 APR $185,000  6.8  Neutral
 MAR $179,990  6.5  Neutral
 FEB $187,500  6.2  Neutral
 JAN $174,500  5.9  Neutral
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Lori Wakefield REALTOR

Lori Wakefield, REALTOR
Keller Williams Realty - Lake Travis
1921 Lohmans Crossing, Ste 100
Austin, TX 78734
512-657-4455

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