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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.

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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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      Weekly Austin Real Estate Market Update

      Austin Real Estate Weekly Market Update - February 06, 2025

      by: Team Price Real Estate, Austin's leading data analysis brokerage, where data drives exceptional service
      Published on: Thursday, February 06, 2025 at 6:23 am


      Your Guide to the Austin Real Estate Market: Team Price Real Estate is committed to providing you with the most current and comprehensive insights into the Austin housing market. We offer weekly updates and daily data, ensuring that you have access to the best real estate intelligence available. Whether you're in the market to buy, sell, or invest, our dedication to real-time market analysis equips you with the necessary tools to navigate Austin's real estate environment effectively.

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      Updated Market Overview

      The Austin-area MLS currently has 11,796 active properties on the market, which is a 5.68% jump from last year's 11,162. The inventory has increased to 4.09 months, up by 6.58% from 3.84 months back in 2024. In the City of Austin, the numbers tell a similar story with inventory ticking up by 1.39% to 3,131 listings, though the Months of Inventory have slightly dipped by 0.45% to 3.69 months.


      Pricing Dynamics in Austin Real Estate

      The average list price for homes in the Austin-area MLS has seen a 2.91% dip to $540,103, while the median active listing price has dropped 6.13% to $409,990. On the sales side, the average price went down by 2.20% to $521,412, and the median sold price has decreased by 5.88% to $400,000. However, in the City of Austin, things look a bit brighter with average active listings up by 4.53% to $759,544 and median listings up 4.58% to $569,950. The average sold price in the city has climbed by 5.82% to $730,012, with the median sold price up by 7.39% to $560,000.


      City and Regional Dynamics

      Among the 30 cities, only 7 have seen a month-over-month price increase, which is 23%, while a significant 77% or 23 cities have experienced a decrease. Over the year, 11 cities, or 37%, have seen price gains, but 63% or 19 cities have not been as fortunate. In the last 12 months, no cities have hit new price peaks, with 29 slipping from their highs. Looking at the 75 zip codes, 40% have seen price hikes month over month, but 60% have not. Year over year, 43% of zip codes have increased in price, with 56% experiencing a drop. Only 3 zip codes have exceeded their previous peak values, while 72 are still below their highs.


      Central Texas Cities and Zip Code Analysis

      Out of the tracked cities, 11 have seen year-over-year price increases, while 19 have declined. Monthly, only 7 cities are up in price, with 23 down. No cities have surpassed their price peak from the last year, with 29 cities lower than their previous highs. Among the zip codes, 32 have gained in price year over year, but 42 have not. Month to month, 30 zip codes have seen increases, while 45 have seen decreases. Only 3 zip codes have beaten their 12-month peak, with 72 still in recovery mode.


      Sales vs. List Price Analysis

      This month, 67.59% of properties sold under the list price, down from 71.42% last month. Properties selling at list price rose to 21.51% from 18.22%, and 10.90% sold above list price, up from last month's 10.36%. Back in January 2024, only 9.22% of properties sold above list. The average sold price to list price ratio stands at 96.99%, indicating a market where buyers often secure deals below asking.


      Peak Value Analysis: Austin-Area MLS

      The median list price has fallen by 7.52% from May 2022, while the average sold price has dropped by nearly 23% from the same period. The median sold price has decreased by about 22%, reflecting a cooling market.


      Peak Value Analysis: City of Austin

      The median list price is down by 4.80% from May 2022, and the average sold price has seen a 25% drop from its peak. The median sold price has decreased by 17.06%.


      The Austin real estate landscape is dynamic, offering both challenges and opportunities. Keeping a pulse on these shifts is key for anyone looking to make savvy moves in this market. At Team Price Real Estate, we use our deep market knowledge to help navigate these waters, ensuring our clients make informed decisions in a city where "Experience Meets Insight" is not just a slogan, but our commitment. 

      Austin Area Residential Sales Insights

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