In their latest news release, ABoR reports that residential home sales decreased across the Austin-Round Rock Metropolitan Statistical Area (MSA) for the first time since May 2020, according to the Austin Board of REALTORS® July 2021 Central Texas Housing Report. Despite the dip, the five-county MSA was just 445 homes shy of breaking the all-time home sales record set in July 2020.
“July 2020 established the all-time-high watermark for home sales in the region due to pent-up housing
demand after several months of stay-at-home orders and increased consumer purchasing power,” Susan
Horton, 2021 ABoR President, said. “As we have moved away from the post-COVID boom, the market has begun to stabilize. The typical seasonality for the summer returned as people