North Central Austin Edition | August 2023

REAL ESTATE

Snapshot of the market

While the Central Austin area as a whole continues to see a year-over-year decrease in home prices, six ZIP codes to the east and northwest saw increases. MARKET DATA FOR JULY

HOMES SOLDAVERAGE DAYS ON THE MARKET 78701 78702 78703 78704 78705 78722 78723 78731 78751 78752 78756 78757

$1 million+

6/106 7/24 8/39 19/62

— 2/105 4/28 12/41

5/22 2/19

—

— 31/59

$800,000–$999,999 2/27 $600,000–$799,999 6/85 $500,000–$599,999 2/51

6/27 5/17 2/54

2/48 4/39

—

— 7/48 1/217

1/35

1/4

10/59

5/65

10/43 1/120 2/23

12/22 7/59

— 2/66

1/5

3/40 5/30 — 6/66 — 4/99

— 2/76

—

2/4 1/3

1/10 2/10 2/10

78756

$400,000–$499,999 — 2/25

— 5/38 4/45

2/21

—

— — —

1/1

78757

$300,000–$399,999 3/62 $200,000–$299,999 1/9

5/47

— 4/55 — 2/22

8/22 16/41

— 3/18

1/4

1/35

1/5 1/8

2/56 2/69

78752

78731

— — —

1/6

1/12

— — —

78751 78705

$150,000–$199,999

— —

— 1/60

— 2/29

$149,999 or less

—

360

78703

78723

MEDIAN PRICE OF HOMES SOLD WITH YEAROVERYEAR PERCENTAGE CHANGE

2022 2023

78701

78702

78722

78701 78702 78703 78704 78705 78722 78723 78731 78751 78752 78756 78757

78704

183

290

$2 million $2.2 million $1.2 million $1.4 million $1.6 million $1.8 million $800,000 $1 million $600,000 $200,000 $400,000 $0

MOPAC

CENTRAL AUSTIN

+11.96%

July

2022

2023

288

265

Closings

+26.91%

+3.13%

Median price New listings

+51.73%

$770K $700K

46.25%

+33.75%

2.65%

533

470

10.10%

32.56% 16.31%

5.54%

Months of inventory

2.6

5.2

17.14%

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