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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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      LERA MLS

      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.

      Key Insights and Surprising Shifts - April 20, 2023

      Austin Real Estate Market : Includes the latest market insights, housing trends, and property statistics. 

      April 20, 2023 : Austin Real Estate Market: Surprising Shifts and Key Insights

      Austin's real estate market has experienced a remarkable transformation with housing inventory soaring and home prices showing mixed trends across the city and Central Texas. This weekly summary provides an in-depth analysis of the shifting landscape as of April 20, 2023. Key takeaways include the skyrocketing inventory levels, variations in home pricing, differences between Central Texas cities and zip codes, and the percentage of sold properties at, over, and under list price. Both buyers and sellers will find these insights invaluable for making well-informed decisions in the ever-evolving Austin real estate market.


      Austin Housing Market: Inventory Skyrockets

      • Active listings in Austin-Area MLS more than doubled, from 4,851 last year to 10,244 today
      • 3.02x rise in Months of Inventory, now at 4.32 months compared to 1.43 months last year
      • Within the City of Austin, the increase in inventory is 3.7x


      Home Prices: A Mixed Bag

      • Average list price for active homes in Austin-Area MLS up 3.58% year over year to $702,747
      • Average sold price this month is $589,197, a -10.66% decrease compared to last year
      • Median sold price is $450,000, a -15.89% difference year over year
      • City of Austin median sold price dropped from $660,000 last year to $599,000 this year, a -9.2% year-over-year decrease


      Market Snapshot: Central Texas

      • Month-over-month price increase in 57% (17) of the 30 cities in Central Texas
      • Month-over-month price decrease in 43% (13) of the 30 cities
      • Year-over-year price increase in 13% (4) of the 30 cities
      • Year-over-year price decrease in 87% (26) of the 30 cities
      • Median price increased in 17 cities and decreased in 12 cities so far this year


      Zip Code Analysis: Pricing Trends Across Central Texas

      • Month-over-month price increase in 59% (44) of the 75 zip codes in Central Texas
      • Month-over-month price decrease in 40% (30) of the 75 zip codes
      • Year-over-year price increase in 15% (11) of the 75 zip codes
      • Year-over-year price decrease in 85% (64) of the 75 zip codes
      • Median price has gone up in 49 zip codes and down in 26 zip codes year-to-date


      Sold Property Insights: At, Over, and Under List Price

      • 61.60% of all sold properties this month sold under the list price, compared to 66.59% last month
      • 19.08% sold at the list price, compared to 18.97% last month
      • 19.32% sold over the list price, compared to 14.44% last month and 9.76% in January 2023


      Conclusion: Austin's Changing Landscape

      • Surprising increase in housing inventory in the Austin real estate market
      • Housing affordability becoming a more significant concern for potential buyers
      • Fluctuating home prices in the city and broader Central Texas area, with some areas experiencing price increases and others witnessing decreases
      • Buyers and sellers should monitor these trends closely to make informed decisions in this dynamic market


      As the Austin real estate market continues to evolve, it's more important than ever for buyers, sellers, and investors to stay informed and make educated decisions. We are here to assist you with all your real estate needs. If you or anyone you know requires guidance or support in the world of real estate, please do not hesitate to reach out to us. We pride ourselves on providing exceptional service and are always grateful for your referrals. Let us help you navigate the dynamic Austin real estate market with confidence and ease.

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      Austin Area Residential Sales Insights