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(325) 518-1294ryan@teamprice.com
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    • Ryan Kelly(325) 518-1294
      ryan@teamprice.com
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    • Team Price Real Estate
      7320 N Mo-Pac
      Austin, TX 78731
      (512) 213-0213
      dan@teamprice.com

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      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 Ryan Kelly 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.

      North Texas Real Estate Information Systems

      © 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ryan Kelly shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

      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.

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      Information provided Courtesy of LERA MLS - Local Expertise Regional Access. IDX information is provided exclusively 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. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2025 LERA MLS, All Rights Reserved.

      Greater McAllen Association of Realtors

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      Austin Area Real Estate Market Update - April 13, 2023

      Includes the latest market insights, housing trends, and property statistics. 

      April 13, 2023 : Austin Real Estate Market: A Comprehensive Analysis

      Introduction

      The Austin real estate market has seen significant changes over the past year. In this article, we'll analyze inventory levels, pricing trends, and sold price statistics in both the Austin-Area MLS and Central Texas cities and zip codes.

      Austin-Area MLS Inventory and Pricing

      • Total Active Listings

        The total number of active listings in the Austin-Area MLS has more than doubled, increasing from 4,848 to 10,053.

      • Months of Inventory

        With this surge in inventory, the Months of Inventory has jumped from 1.43 months to 4.52 months, a staggering 3.16x increase.

      • Average and Median Sold Prices

        In terms of pricing, the average list price for active homes in the Austin-Area MLS is $702,877, up 4.05% year over year. However, the average sold price this month is currently $585,246, marking an 11.26% decrease year over year. The median sold price is $449,950, showing a 15.90% drop compared to last year.

      City of Austin Inventory and Pricing

      • Inventory Increase

        In the City of Austin, the inventory increase is even more pronounced at 3.8x.

      • Median Sold Price

        Focusing on the City of Austin, the median sold price last year was $660,000, whereas this year it's down to $600,000—a 9.1% decrease year over year.

      • Sold Price to List Price Ratio

        The average sold price to list price ratio now stands at 97.26%.

      Central Texas City and Zip Code Analysis

      • Month-over-Month Price Changes

        Looking at the 30 cities in Central Texas, 53% of cities have experienced a month-over-month price increase, while 47% have seen a decrease.

      • Year-over-Year Price Changes

        On a year-over-year basis, only 17% of cities have had a price increase, with a staggering 83% experiencing a decrease.

      • Year-to-Date Median Price Changes

        So far, 9 cities have had a year-to-date median price increase, while 21 have seen a decline.

      Properties Sold at, Over, and Under List Price

      • Sold Under List Price

        Now, let's examine properties that sold at, over, and under the list price. So far this month, 58.25% of all sold properties went under the list price, compared to 66.48% last month.

      • Sold At List Price

        Meanwhile, 20.00% sold at list price, slightly up from 18.91% last month.

      • Sold Over List Price

        Finally, 21.75% of all sold properties went over the list price, a substantial increase from 14.61% last month and 9.76% in January 2023.

      Conclusion

      In conclusion, the Austin real estate market has undergone significant changes in the past year, with inventory levels rising dramatically. While average list prices have increased, average and median sold prices have generally decreased. This trend is also evident in Central Texas cities and zip codes. With a higher percentage of properties selling under list price, it seems buyers may have more negotiating power in the current market

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      Austin Area Residential Sales Insights