Central Texas Housing Market Report

Welcomed increases in housing inventory, along with normal price growth signals the continuation of normalization in the Austin-Round Rock MSA.
Home price growth slowed down during the month of July as inventory rose in the Austin-Round Rock MSA.
The Austin-Round Rock MSA is beginning to experience normalcy as market activity returns to that of pre-COVD times.
In the past month, the Austin-Round Rock MSA received much-needed inventory improvement, providing relief to prospective homebuyers.
Though there was a 6% dip in home sales across the Austin-Round Rock MSA, first-time homebuyers must be prepared when searching for homes as inventory slightly increases.
Even as home sales decline and inventory increases during March 2022, home median prices are setting records in the Austin-Round Rock MSA.
With an 11% increase in home sales and a 27% increase in median price, 2022 is shaping up to be a big year for the Austin-Round Rock MSA.
Home sales and new listings decreased in the Austin-Round Rock MSA, highlighting the need for reform to development regulation and processes.
The Austin-Round Rock MSA saw its biggest year ever during 2021 as home sales increased 2.5% year-over-year.