South Central Austin Edition | March 2023

REAL ESTATE

Snapshot of Central Austin

MARKET DATA FOR FEBRUARY The Austin housing market is seeing decreased home prices and more housing stock as the market continues to slow, according to Austin Board of Realtors data.

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

$1 million+

4/122

3/83

5/61

11/46

-

-

2/12

12/70 2/50 2/36

-

-

$800,000–$999,999 2/70 2/17

3/84 5/88

-

-

3/32

3/67

1/7

-

-

31/49

$600,000–$799,999 2/142 9/64

-

11/63

-

-

7/66

-

4/49 1/100 1/160 4/32

78756

$500,000–$599,999 1/94 6/78

-

-

3/37

-

7/56

2/8

2/78 2/73

-

4/73

78757

78752

$400,000–$499,999 -

4/82

1/108 4/66 2/25

-

8/107

-

1/4

1/103

-

4/99

78731

$300,000–$399,999 -

2/190

-

4/56 1/52

-

1/105 1/106 2/90

-

-

3/52

78751

$200,000–$299,999 -

-

-

2/36

1/14

-

1/85

-

1/69

-

-

3/7

78705

360

$150,000–$199,999

-

-

-

-

-

-

-

-

-

-

-

1/22

78703

78723

$149,999 or less

-

-

-

-

-

-

-

-

-

-

-

-

78701

78702

78722

78701 78702 78703 78704 78705 78722* 78723 78731 78751 78752 78756 78757 MEDIAN PRICE OF HOMES SOLD WITH YEAROVERYEAR PERCENTAGE CHANGE 2022 2023 * DATA NOT AVAILABLE

78704

290

183

35

71

MOPAC

N

+11.46%

$2 million

+41.16%

$500,000 $600,000 $700,000 $800,000 $900,000 $1 million $400,000 $200,000 $300,000 $0

CENTRAL AUSTIN

+40.35%

22.50%

2022

2023

February

+3.84%

+22.19%

Closings 185 Median price $682,000 $682,228 262

11.29%

+47.54%

14.91%

9.99%

9.79%

303

356

New listings

Months of inventory

0.4

2.9

28

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