Southwest Austin Dripping Springs Edition | February 2023

REAL ESTATE

Snapshot of the Southwest Austin & Dripping Springs market

MARKET DATA FOR JANUARY Data from the Austin Board of Realtors shows home prices were lower in January 2023 than January 2022. There was also more housing stock in January 2023 compared to January 2022.

MEDIAN PRICE OF HOMES SOLD WITH YEAROVERYEAR PERCENTAGE CHANGE

2022 2023

78620 78735

78736 78737

78739 78745

78747 78748 78749

+283.67%

$3 million+ $1.2 million $1.5 million $1.8 million $2.1 million $2.4 million $2.7 million $900,000 $300,000 $600,000 $0

MOPAC

71

78749

360

78736

78735

78620

78745

+2.9%

+41.4%

290

78747

78737

78739

74748

22.33%

3.31%

31.65%

12

2.71% 3.77% 2.69%

35

N

HOMES SOLDAVERAGE DAYS ON THE MARKET 78620 78735 78736 78737

SOUTHWEST AUSTIN DRIPPING SPRINGS

78739 78745

78747 78748 78749

$1 million+

6/67

2/41

-

5/76

2/103

-

1/75

-

-

2022

2023

January

$800,000–$999,999 7/32

1/59

1/41

6/53

-

-

2/13

-

2/35

$600,000–$799,999 4/51

1/50

1/11

4/91

7/74

9/47

2/33

4/105

6/64

261

180

Closings

$500,000–$599,999 7/79

-

-

1/48

2/60

4/34

3/59

11/62

2/27

$578,100 $537,450

Median price

$400,000–$499,999 8/84

-

-

2/38

-

10/83

4/21

17/58

4/31

$300,000–$399,999 9/59

-

-

-

-

2/13

6/36

8/37

-

255

286

New listings

$200,000–$299,999 4/97

-

-

-

-

-

-

1/24

-

Months of inventory

$150,000–$199,999

1/91

-

-

-

-

-

-

-

-

0.4

2

$149,999 or less

-

-

-

-

-

-

-

-

-

SELL YOUR HOME IN 8 DAYS OR LESS!

AS FEATURED...

SEE THE BEST OFFERS FROM THE BEST BUYERS IN THE MARKET FOR YOUR HOME… IN 8 DAYS! 512-375-4737 JW TEAM | KELLER WILLIAMS REALTY 1801 S. MOPAC EXWY STE 100 AUSTIN, TX 78746

Each Office Independently Owned and Operated. If your property is listed with another broker, this is not a solicitation. All information deemed reliable but not guaranteed. Equal opportunity housing provider.

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