Tarrytown Market Update – Summer 2019 Summary

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Tarrytown Market Update – Summer 2019 Summary

At the end of the summer I like to provide a comparison of the summer buying season with past years.  I use the dates corresponding to the AISD summer schedule, which this year lasted from May 25th – August 19th.  Here are some highlights as well as table and graph for a sense of the trends.

Summer sales performance, 2013-2019

Highlights:

  • Number of transactions was lower than the previous 2 years, despite the summer break being a week longer than prior years tracked here
  • Median list and sold prices were lower than 2018, with median sold prices down over 7% vs. 2018
  • Median days on market was consistent with 2018 and indicative of strong demand for the neighborhood
  • Active listings continue to decline, with 25-30% fewer active listings this summer season vs. 2018
  • July had fewer transactions than previous years (down 35 – 40% vs. previous Julys)

Note:  All data comes from the Austin Board of Realtors’ MLS report, reflecting activity through August 19, 2019.

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