What's Happening Where You Are?

Our local area housing market has been in correction mode since 2023. Interest rates rose, and prices dropped. At this point our market appears to be more stabilized as rates have improved, and prices held fairly steady, helping to bring buyers back in the market.

Fall and winter tend to be a slower selling season. We can see the prices trend very much the same as previous years. Our selling season begins in late February - March, and peak sales (closings) typically occur in May. This year our prices peaked early in April, as you can see from the chart below.

For a snapshot of where we are now and possibly headed in the near term, look at Activity Index City.  Displayed will the 30 cities in the metro, with data for sold, pending and active, (average/median list prices).  Click on your city for the specific data displayed in a chart similar to sold price distribution, only for active listings. This chart below is an example of the first 15 cities. You can find the same data by zip. Activity Index Zip Code​

However, sold prices are a lagging indicator. But for those curious, you can check Sold Price Distribution and click on your city where you'll see the sold price distribution for your specific city. You’ll see how many properties sold in the last 90 days, and how many sold in each of the price ranges. See Austin data below.