Austin home sales in January were up, while prices dipped slightly compared to those for the same period in 2023, according to a new report from the Austin Board of Realtors.
In the Austin-Round Rock-Georgetown metropolitan statistical area, both pending sales were up 4.3 percent year-over-year, with 1,667 homes were sold last month, and closed sales increased by 3.8 percent, with 2,480 pending sales, for the same period.
Median home prices in the MSA continued to drop, a downward trend that's lasted more than a year, hitting $430,000 in January.
Inside Austin city limits, January saw 520 sold at a median price of $534,500. There were 788 pending sales, 979 new homes on the market, and a total 2,691 active listings last month.
Travis
In Travis County, median price dropped 3.3 percent year-over-year to $478,500. There were 712 homes sold and 3,819 active listings on the market — 4.3 year-over-year increase
Williamson
There were 607 homes sold in the county last month, with a median price of $429,000. There were 992 new home listings and a total 2,307 active home listings.
Hays
Hays County saw a 4.6 percent increase year-over-year homes sales, with 251 homes sold at median price of $366,140 — almost 12 percent than last year's. Active listings rose by 0.4 percent to 1,281.
Bastrop
County increased 58 percent year-over-year, with 81 total homes sold, and median price increased year-over-year to $366,018. There were 454 active listings on the market and 183 new home listings for the month.
Caldwell
Median home price in the county was $303,990 in January, with a total of 16 homes were sold — 220 percent increase over the previous year. There are 115 active homes and 41 new listings on the market.