Austin, TX
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

10

SINGLE FAMILY HOMES

Condos

3

CONDOS

Townhouses

0

TOWNHOUSES

MEANWHILE...

484

HOMES LISTED

= 10 homes
1
Sold Already!

HOW MUCH DID BUYERS PAY

Sold Prices for November

ASKING
PRICE
ABOVE ASKING
AT ASKING

HOW MUCH HOMES LISTED FOR?

Median List Prices

$370k
$8k
$339k$370k$401kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
2Homes
1-3
MONTHS
4Homes
OVER
3 MONTHS
8Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

109
DAYS
56%
486889109129NovOctSepAugJulJun

And finally...What's the hottest street in

Austin

frontier valley dr

NEARBY REAL ESTATE TRENDS

For November 2016, Austin, TX has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Austin, TX was 3,036 and 14 homes were sold.