2020 Re-Cap – COVID19 Impact – Austin

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2020 Re-Cap – COVID19 Impact – Austin

Last year I started tracking transaction activity in MLS for sales in Austin and looked at things by week, comparing activity to 2019.  Where transactions typically increase starting in March and build through the spring, the pandemic and lockdown limited activity for the bulk of the spring and began increasing in mid-May, peaking in July and then trending down (though still stronger than 2019) for the remainder of the year.

Overall transactions by week, year to date vs. 2019:

2020 started off fairly consistent with 2019, but then fell behind during the early stages of the pandemic.  But by early summer the market was extremely hot and Austin overall made a remarkable recovery, limited at this point by the number of available homes for sale.

If you are thinking about selling, or need help navigating the process of selling or buying a home in Central Texas, please don’t hesitate to contact me and I can help!

 

Note:  All data comes from the Austin Board of Realtors’ MLS report, reflecting activity through December 31, 2020.

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