October 2017 Market Statistics

by INGA OVERSTREET on November 16th, 2017

Austin's October Numbers

AUSTIN, Texas – Nov. 14, 2017 – Single-family home sales increased across the Austin-Round Rock Metropolitan Statistical Area (MSA) in October, but declined in the city of Austin, according to the October 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.

Brandy Guthrie, 2017 President of the Austin Board of REALTORS­® commented, “The Austin-Round Rock housing market continues to slightly outperform last year’s home sales activity, keeping 2017 on-pace for another record year for home sales. At the same time, low housing inventory levels along with constrained housing development activity throughout the city of Austin are preventing home sales growth at the city level.” Single-family home sales in the Austin-Round Rock MSA increased 2.2 percent year-over-year to 2,292 home sales in October 2017. During the same time frame, single-family home sales in the city of Austin declined 1.7 percent to 699 home sales. At the county level, home sales volume increased 1.4 percent year-over-year to 1,124 home sales in Travis County, increased 5.4 percent to 794 home sales in Williamson County, and increased 6.2 percent to 274 home sales in Hays County.


Image Credit:Austin Board of Realtors

According to ABOR president Brandy Guthrie:

“The Austin-Round Rock housing market continues to slightly outperform last year’s home sales activity, keeping 2017 on-pace for another record year for home sales. At the same time, low housing inventory levels along with constrained housing development activity throughout the city of Austin are preventing home sales growth at the city level.”

 

For the full story, go here.


About Inga Overstreet | All Stories

Inga has lived and worked in Austin for over 17 years, owning 4 homes in 4 different neighborhoods, including Travis Heights, Westlake, Allandale and East Austin. Inga's passion for homes and connecting people to…

September 2017 Market Statistics

October 15th, 2017

November 2017 Market Statistics

December 20th, 2017

Leave a Comment