clock menu more-arrow no yes

Filed under:

Austin area home sales, prices rose in August

New, 1 comment

Central city median hits $357,000

The number of single-family homes sold in the Austin area climbed in August, growing over 5.3 percent since last year, the Austin American-Statesman’s Shonda Novak reported after Austin Board of Realtors released new numbers Thursday, with 2,985 sold in the Austin-Round Rock metro area. Median sales price climbed 9.4 percent during the same period, to $289,990.

Inside Austin city limits, though, home sales were flat, with 868 sales—a negligible increase over last year’s. Median price rose 10.3 percent year-over-year, however, to $356,276, which may or may not have something to do with flat sales. Homes inside the city limits stayed on the market an average of 35 days—two more than last year—before selling.

The biggest gain in the metro area was in Hays County, a rise largely driven by Buda and San Marcos. That county saw a sales jump of 23.2 percent over last year, with 377 sales. Median price increased 7.8 percent, to $253,250, according to the report, which includes Travis, Hays, Williamson, Bastrop, and Caldwell counties.

With the exception of Leander, Conversely, single-family home sales in Williamson County were flat, increasing 0.7 percent year-over-year to 1,035 home sales.