Southwest Austin Dripping Springs Edition | June 2023

REAL ESTATE

Snapshot of the Southwest Austin-Dripping Springs market

MARKET DATA FOR MAY

SOUTHWEST AUSTIN DRIPPING SPRINGS

AUSTINROUND ROCK METRO

360

May

2022

2023

2022

2023

The May real estate data for the Southwest Austin and Dripping Springs market showed median sales prices dropped across all ZIP codes year over year with the largest drop in the 78736 ZIP code. Data reects information from a May report by the Austin Board of Realtors and is accurate as of June 14.

MOPAC

78749

415 299

3,633 3,411

78620

78736

Closings

78735

78745

Median price New listings

$710K $595K

$550K $467K

290

538 461

5,231 4,545

78737

74748

Months of inventory

0.9 3.2

1.2 3.4

HOMES SOLDAVERAGE DAYS ON THE MARKET

78620

78735

78736

78737

78739

78745

78748

78749

$1 million+

11/25

3/217

—

2/42

6/13

3/26

—

1/5

$800,000–$999,999

6/51

5/11

1/29

4/11

15/17

1/55

1/5

5/9

$600,000–$799,999

15/71

2/9

2/13

10/20

7/32

13/28

6/19

14/19

14/37

1/54

2/30

4/12

—

27/31

14/13

12/18

$500,000–$599,999

$400,000–$499,999

3/63

1/6

3/52

—

18/33

23/26

5/36

$300,000–$399,999

1/91

1/109

—

6/10

11/26

2/8

$200,000–$299,999

—

1/182

—

$150,000–$199,999

—

2/44

—

$149,999 or less

—

MEDIAN PRICE OF HOMES SOLD WITH YEAROVERYEAR PERCENTAGE CHANGE

2022 2023

78620

78735

78736

78737

78739

78745

78748

78749

$1.6 million

$1.4 million

$1.2 million

$1 million

$800,000

20.68%

7.26%

$600,000

29.62%

23.13%

20.0%

$400,000

37.86%

18.75%

20.95%

$200,000

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SOUTHWEST AUSTIN DRIPPING SPRINGS EDITION • JUNE 2023