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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.

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      © 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.

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      2023 Austin Real Estate: A Fresh Look at Emerging Market Trends

      Volume 19; Number 26 : June 29 2023

      2023 Austin Real Estate: A Fresh Look at Emerging Market Trends


      June 29, 2023 : ​As we navigate through 2023, the Austin real estate market is showing dynamic shifts, offering a unique landscape for buyers and sellers. This comprehensive review unveils the latest statistics and trends that are shaping the Austin housing market.

      ​

      Inventory Expansion: Towards Market Equilibrium : The Austin-Area MLS has seen a significant increase in the total number of active listings, soaring from 9,896 to 11,882 over the past year. This 1.5 times increase is indicative of a market moving towards equilibrium. The City of Austin mirrors this trend, with an even more pronounced inventory growth of 1.6 times. The Months of Inventory figure currently stands at 3.79 months, up from 2.61 months last year, reflecting the current rate of property consumption.


      Pricing Trends: Stability Amidst Flux : Despite the surge in inventory, the average list price for active homes in the Austin-Area MLS remains robust at $690,382, marking a 2.25% increase year over year. Conversely, the average sold price this month has dipped by 5.99% compared to last year, settling at $606,903. The median sold price has also seen a year-over-year decline of 8.97%, reaching $477,900.


      Inside Austin: A Closer Look : Within Austin's city limits, the median sold price has seen a modest year-over-year decrease of 2.9%, with the current figure standing at $615,000, down from $633,283 last year. The average sold price to list price ratio holds steady at 97.80%, suggesting a market where homes are selling near their asking prices.


      Central Texas: A Spectrum of Price Trends : A look at the 30 cities in Central Texas reveals a mixed picture. 67% of these cities have seen a month-over-month price increase, while 33% have experienced a decrease. On a year-over-year basis, 17% of cities have seen a price increase, while a significant 83% have witnessed a decrease. Examining the 75 zip codes in Central Texas, we find that 65% have seen a month-over-month price increase, while 33% have experienced a decrease. Year-over-year, 19% of zip codes have seen a price increase, while 81% have seen a decrease. 


      Buyer's Market: Opportunities Abound : In the current market, 62.23% of properties sold this month were below the list price, a trend consistent with the previous month. Additionally, 20.61% of properties sold at the list price, while 17.16% were sold above the list price, indicating a healthy level of competition among buyers.


      Navigating the Evolving Austin Real Estate Market : With the Austin real estate market in a state of flux, it's crucial for both buyers and sellers to stay informed and adjust their strategies accordingly. The increased inventory provides buyers with a wider range of options, while sellers need to competitively position their properties. Understanding the shifting price dynamics and market trends is key to making informed decisions. For personalized guidance and professional assistance, our dedicated team at Team Price Real Estate is ready to help you navigate the Austin real estate market. We stay abreast of the latest trends, ensuring our clients receive tailored advice and exceptional service.


      Access the latest Weekly Market Statistics report with over 350 pages below. 

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