South Central Austin Edition | June 2023

REAL ESTATE

Snapshot of the Central Austin market

Median sales prices fell in all but three area ZIP codes for May year over year. ZIP codes 78701, 78703 and 78704 saw prices increase, according to data from the Austin Board of Realtors. MARKET DATA FOR MAY

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

$1 million+

6/51

7/43

16/55 33/29 — 8/16

—

2/7

1/16 14/35

3/33 1/10

— 6/16 46/40

$800,000–$999,999 2/24

2/9

1/47

1/8 4/105 8/65

—

— 13/32

$600,000–$799,999 3/100 15/25

1/7

8/72

1/4

2/7 2/11

12/101

— 5/56 3/17

2/13

12/17

$500,000–$599,999 3/47 $400,000–$499,999 1/63 $300,000–$399,999 — $200,000–$299,999 1/19

3/114 3/54

— 4/56

—

7/57 5/61

1/69

—

2/13 2/8

2/39 11/54 — 6/59

78756

1/41

2/5

4/20

— — — — —

—

1/9

78757

1/23

— 10/24 11/48

— 4/70 2/31

2/104 2/28 3/28

78752

78731

— 2/52

—

— 2/83

13/38

1/4

2/11

2/13

—

78751 78705

$150,000–$199,999

— 1/63

— —

1/31

— —

— 1/180

$149,999 or less

—

360

78703

78723

78701 78702 78703 78704 78705 78722 78723 78731 78751 78752 78756 78757 MEDIAN PRICE OF HOMES SOLD WITH YEAROVERYEAR PERCENTAGE CHANGE 2022 2023

78701

78702

78722

78704

183

290

+3.35%

$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

May

2022

2023

365

328

+12.72%

Closings

+14.14%

+4.62%

Median price New listings

$810K $710K

19.68%

506

569

10.31%

18.94%

30.36%

34.00%

6.29%

16.42%

Months of inventory

1.2

4.9

19.75%

COMMUNITYIMPACT.COM