The Home Builder Association of Austin hosts a bi-annual luncheon in which a market update is provided and forecast is discussed. I was fortunate to attend, invited to sit at the Heritage Title table (thank you Andrew Shaw!). There is usually some pretty interesting market data in these presentations, though geared toward new construction. Information […]
The following update reflects numbers through June 30, 2018, along with previous years through the same date for comparison. A few highlights from the table below are summarized here: Number of transactions is still down from 2017 and 2016 but remains ahead of the 2014 and 2015 pace Median sold prices are down compared to […]
The 2018 spring season was the strongest since 2013, with transactions up significantly over the prior 4 years. Some highlights: List and sold prices are up slightly over the same period in 2017, $ / sq ft is fairly consistent with last year Days on market is down significantly at roughly 20 days vs. 52 […]
