Austin Real Estate Market - September 2021

ABoR (Austin Board of REALTORS®) recently released their Central Texas House Report for the Austin-Round Rock MSA and while home sales have decreased by 5.1% over September 2020, Susan Horton, 2021 ABoR President stated that “the Austin housing market remains strong and competitive.”

Based on Austin Board of REALTOR® data, here’s a breakdown of the Austin real estate market.

City of Austin
Median home price rose 28% year over year to $525,000—a record for the month of September.

Home sales decreased 7.1% to 1,156 sales, while sales dollar volume increased 6.4% to $711,203,330.

During the same period, new listings increased 8.4% to 1,384, active listings dropped 11.1% to 1,232, and pending sales decreased 4.4% to 1,080.

Monthly housing inventory decreased 0.3 months year over year to 1.1 months of inventory.

Travis County
Median price for a home increased 22.9% year over year to $510,000.

Home sales also decreased 7.0% to 1,796 sales, and sales dollar volume jumped 11.5% to $1,188,315,638.

During the same period, new listing increased 13.3% to 2,117 listings; active listings decreased 3.2% to 1,969 and pending sales decreased 5.7% to 1,681.

Monthly housing inventory decreased 0.2 months year over year to 1.1 months of inventory.