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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 Real Estate Market Update | Latest Trends & Insights

      Volume 19; Number 25 : June 22 2023

      Exploring the Latest Trends and Insights in Austin's Real Estate Landscape


      June 22, 2023: The Austin real estate market continues to evolve, presenting both buyers and sellers with new opportunities and challenges. In this comprehensive mid-year review, we delve into the latest statistics and trends that define the current state of the Austin housing market. 


      Inventory Surge Indicates a Balancing Act: Over the past year, the total number of active listings in the entire Austin-Area MLS has soared from 9,892 to 11,780. This increase of 1.5 times reflects a notable shift towards a more balanced market. The City of Austin has experienced an even more pronounced inventory growth, expanding by 1.6 times.


      Stable Pricing Landscape: Despite the influx of inventory, the average list price for active homes in the Austin-Area MLS stands strong at $690,425, representing a 3.94% increase year over year. However, the average sold price this month has seen a slight decrease of 5.61% compared to last year, reaching $609,422. The median sold price also follows a similar trend, witnessing a decline of 9.46% year over year to reach $475,312.


      City of Austin Insight: Within the City of Austin, the median sold price has experienced a modest decrease of 2.9% year over year, with the current value at $615,000 compared to $633,283 last year. The average sold price to list price ratio remains steady at 97.94%, indicating a healthy market where homes are selling close to their asking prices.


      Mixed Price Trends Across Central Texas: When examining the 30 cities in Central Texas, we find a diverse picture. Out of these cities, 67% have seen a month-over-month price increase, while 33% have witnessed a decrease. Looking at the year-over-year trends, 20% of cities have observed a price increase, while 80% have experienced a decrease.


      Shifts in Zip Codes: Analyzing the 75 zip codes in Central Texas, 69% have observed a month-over-month price increase, while 29% have experienced a decrease. On a year-over-year basis, 25% of zip codes have seen a price increase, while 75% have encountered a decrease. Notably, 0 zip codes have rebounded from their peak in the past 12 months, while 69 zip codes have experienced a decline.


      Buyer's Market:Seizing Opportunities: Currently, 61.23% of properties sold this month were below the list price. This figure indicates a consistent trend compared to the previous month. Additionally, 20.18% of properties sold at the list price, while 18.59% were sold above the list price, demonstrating a healthy competition among buyers.


      Navigating the Austin Real Estate Market: As the Austin real estate market evolves, it is crucial for both buyers and sellers to stay informed and adapt their strategies accordingly. With increased inventory, buyers have a wider range of options, while sellers need to position their properties competitively. Understanding the shifting price dynamics and market trends is paramount to making informed decisions.


      Reach Out to Our Expert Team: For personalized guidance and professional assistance, our dedicated team at Team Price Real Estate is here to help you navigate the Austin real estate market. We stay up-to-date with the latest trends, ensuring our clients receive tailored advice and exceptional service.

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