According to the Austin Board of REALTORS® (ABoR) November (Austin Market Update) 2021 Central Texas Housing Report closed listings dipped 4.9% to 3,215 across the Austin-Round Rock MSA in November. This occurred even as the housing market remains on track for a record-breaking year, with closed listings are outpacing 2020 by 3.1% last month. In November, the median sales price rose 29.7% to $470,000 — a record for the month of November. New listings increased 6.7% to 2,950 as active listings ticked down 2.2% to 2,768. Homes spent an average of 22 days on the market, down 13 days from November 2020.
Today’s typical price range for first-time and first-time move-up homebuyers is between $250,000 and $500,000.
To view 2020 November Austin market update click here.
For additional Austin Market Updates, they are always available to you through the Austin Board of Realtor’s website. Click here to be taken directly to them.
***data and images provided by Austin Board of Realtors