The latest numbers on Austin housing market seem to reflect the new state of Austin growth: slowing slightly, with more people moving into Travis County and the surrounding metro than to the city itself.

The median home price in the metro, for instance, is up to $443,065, 1.2 percent higher than in February 2023, but it's down to $543,200 – 2.8 per year-over-year — in the city of Austin proper, according to the latest Austin Board of Realtors and Unlock MLS Central Texas housing report.

New listings in Austin-Round Rock-Georgetown metro area jumped almost 45 percent, to 3,915 — the biggest year-over-year climb in the nation, according to Redfin — bringing inventory for the region to three months, up 0.1 months  from a year ago.

Noting that the upsurge in new listings is "concentrated among more affordable homes" — meaning those asking less than $400,000 — ABoR's Clare Losey, had an optimistic spin on the situation, noting that “higher home prices and mortgage rates have diminished affordability for first-time homebuyers over the past few years, but February provided encouragement for these aspiring homeowners"

ABoR's breakdown of the area February housing numbers is below.

Austin Round-Rock-Georgetown MSA

  • 2,144 – Residential homes sold, 1.3% more than February 2023.
  • $443,065 – Median price for residential homes, 1.2% more than February 2023.
  • 3,915 – New home listings on the market, 44.9% more than February 2023.
  • 7,991 – Active home listings on the market, 5.5% less than February 2023.
  • 1,920 – Pending sales, 15.7% less than February 2023.
  • 3.0 – Months of inventory, 0.1 months more than February 2023.
  • $1,195,496,123 – Total dollar volume of homes sold, 0.1% less than February 2023.
  • 95.4% – Average close to list price, compared to 92.2% in February 2023.

City of Austin

  • 717– Residential homes sold, 3.0% more than February 2023.
  • $543,200 – Median price for residential homes, 2.8% less than February 2023.
  • 1,476 – New home listings on the market, 41.7% more than February 2023.
  • 2,785 – Active home listings on the market, 19.6% more than February 2023.
  • 554 – Pending sales, 27.7% less than February 2023.
  • 3.1 – Months of inventory, 0.8 months more than February 2023.
  • $508,514,541– Total dollar volume of homes sold, 3.5% more than February 2023.
  • 95.2% – Average close to list price, compared to 93.0% in February 2023.

Travis County

  • 953 – Residential homes sold, 1.1% more than February 2023.
  • $500,000– Median price for residential homes, 0.1% more than February 2023.
  • 1,958– New home listings on the market, 42.8% more than February 2023.
  • 3,920 – Active home listings on the market, 12.8% more than February 2023.
  • 815 – Pending sales, 19.8% less than February 2023.
  • 3.2 – Months of inventory, 0.6 months more than February 2023.
  • $634,113,309 – Total dollar volume of homes sold, 5.8% more than February 2023.
  • 95.2% – Average close to list price, compared to 92.7% in February 2023.

Williamson County

  • 777 – Residential homes sold, 2.0% more than February 2023.
  • $423,000 – Median price for residential homes, 1.9% more than February 2023.
  • 1,172 – New home listings on the market, 41.7% more than February 2023.
  • 2,234 – Active home listings on the market, 26.6% less than February 2023.
  • 655 – Pending sales, 19.4% less than February 2023.
  • 2.4 – Months of inventory, 0.6 months less than February 2023.
  • $369,621,394 – Total dollar volume of homes sold, 4.6% more than February 2023.
  • 95.5% – Average close to list price, compared to 92.3% in February 2023.

Hays County

  • 290 – Residential homes sold, 6.5% less than February 2023.
  • $385,000 – Median price for residential homes, 1.6% less than February 2023.
  • 549 – New home listings on the market, 56.4% more than February 2023.
  • 1,289 – Active home listings on the market, 8.1% less than February 2023.
  • 312 – Pending sales, 4.3% less than February 2023.
  • 3.4 – Months of inventory, 0.3 months less than February 2023.
  • $139,721,421– Total dollar volume of homes sold, 5.2% less than February 2023.
  • 95.3% – Average close to list price, compared to 91.7% in February 2023.

Bastrop County

  • 92 – Residential homes sold, 7.0% more than February 2023.
  • $351,875 – Median price for residential homes, 7.2% less than February 2023.
  • 160 – New home listings on the market, 32.2% more than February 2023.
  • 420 – Active home listings on the market, 3.7% less than February 2023.
  • 96 – Pending sales, 4.3% more than February 2023.
  • 3.8 – Months of inventory, 0.4 months less than February 2023 and the highest inventory in the MSA.
  • $39,384,615– Total dollar volume of homes sold, 10.3% more than February 2023.
  • 95.4% – Average close to list price, compared to 90.8% in February 2023.

Caldwell County

  • 31 – Residential homes sold, 93.8% more than February 2023.
  • $299,900– Median price for residential homes, 9.0% less than February 2023.
  • 76 – New home listings on the market, 137.5% more than February 2023.
  • 126– Active home listings on the market, 22.3% more than February 2023.
  • 38 – Pending sales, 26.7% more than February 2023.
  • 3.7 – Months of inventory, 0.5 months more than February 2023.
  • $11,755,385– Total dollar volume of homes sold, 115.5% more than February 2023.
  • 96.7% – Average close to list price, compared to 99.9% in February 2023.