• Sign Up
  • Log In
Ryan Kelly
Ryan Kelly
(325) 518-1294ryan@teamprice.com
    • Search
    • Areas
    • Properties
      • Search Properties
      • Featured Properties
    • Insight
    • Market Report
    • Market Update
    • About
      • Meet Ryan
      • About Team Price
      • Testimonials
    • Contact
    • Sign Up
    • Ryan Kelly(325) 518-1294
      ryan@teamprice.com
      Copy Email
    • Team Price Real Estate
      7320 N Mo-Pac
      Austin, TX 78731
      (512) 213-0213
      dan@teamprice.com

    Search

    • Search Properties
    • By City
    • By Subdivision
    • By Zip

    Explore

    • Featured Properties
    • Areas
    • Property Search

    Company

    • Guarantee
    • Work with Us
    • Interview Questions
    • Join Our Team

    Resources

    • Insight and Statistics
    • Tenant Pre-Screening
    • Real Estate Forms
    • Real Estate Glossary

    About

    • Home
    • About
    • Agents
    • Testimonials
    • Contact Us

    Account

    • Login
    • Sign Up
    Ryan Kelly - Footer Logo
    • Texas Real Estate Commission Information About Brokerage Services
    • Texas Real Estate Commission Consumer Protection Notice
    © 2025 Team Price Real Estate. All rights reserved.
    Website built by CloseHack.
      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.

      • MLSGrid IDX Data Notice
      • DMCA Notice
      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.

      Austin Real Estate Market Update - October 26, 2023

      Trends, Insights, and Analysis

      Volume 19; Number 43

      Welcome to our weekly analysis of Austin's real estate market as of October 26th, 2023. In this data-driven exploration, we will delve into the latest insights and trends shaping Austin's real estate landscape, focusing on supply and demand metrics, price analysis, city and regional dynamics, zip code trends, and sales versus list prices.


      Supply and Demand Metrics:  A year ago, the Austin-Area MLS boasted 12,787 active listings. Today, the total number of active listings in the entire Austin-Area MLS is 12,691, reflecting a slight decline of -0.8%. Examining the "Months of Inventory" metric, we observe an increase from 4.16 months to 4.78 months year-over-year, signifying a 14.9% uptick. This shift suggests a market that is gradually becoming more favorable for buyers, as increased inventory offers a broader selection of options.


      Price Analysis: Turning our attention to pricing, the average list price for active homes in Austin's MLS stands at $677,406, showing a 1.1% year-over-year increase. However, the average sold price for this month is currently $564,015, indicating a decrease of -2.31% year-on-year. Meanwhile, the median sold price is $430,000, marking a more substantial decrease of -6.32% year-over-year. These figures underscore the dynamic nature of Austin's real estate market, where listing prices are on the rise, but actual sale prices are experiencing downward pressure.


      City and Regional Dynamics: Zooming out to Central Texas' 30 cities, we observe a mix of month-over-month and year-over-year trends. Approximately 40% of these cities have witnessed month-over-month price increases, while 57% have experienced declines. On an annual basis, 20% of these cities have reported price rises, while 80% have witnessed decreases. These statistics highlight the localized nature of the real estate market, where each city can have its unique trajectory, influenced by various factors.


      Zip Codes Analysis: In our granular analysis of the 75 Central Texas zip codes, we find similar trends. About 43% of these zip codes have recorded month-over-month price gains, while 56% have seen decreases. Year-over-year, only 27% of zip codes have noted price increases, while a substantial 72% have reported declines. This data emphasizes the diversity of the real estate landscape, where some areas are experiencing growth, while others face price contractions.


      Sales vs. List Prices: The data reveals that approximately 67.58% of properties sold this month went for less than the list price, indicating a buyer's market. This represents a notable increase from the previous month's 65.63%. Around 20.01% of properties sold at the list price, maintaining stability compared to the prior month. Notably, properties sold above the list price accounted for 12.41%, reflecting a modest decrease from the preceding month's 12.14%. Back in January 2023, 9.71% of properties sold above the list price.


      In conclusion, our data-driven analysis provides a comprehensive overview of Austin's real estate market on October 26th, 2023. Whether you're a buyer, seller, or investor, understanding these technical aspects is crucial for making informed decisions in this dynamic market. For a deeper dive into Market Cycles, Affordability, Interest Rates, and more, we invite you to explore our comprehensive 550-page report.


      Stay tuned for next week's updates on Austin's housing scene, and feel free to reach out if you have any questions.​

      Your image description

      Austin Area Residential Sales Insights

      Latest Articles


      No articles found.