South Central Austin Edition | May 2023

REAL ESTATE

Snapshot of the market

MARKET DATA FOR APRIL Data from the Austin Board of Realtors shows the median home price in both the Austin-Round Rock metro as a whole and Central Austin is decreasing.

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

$1 million+

9/75

1/2

15/45 15/75

1/65

1/101

5/30 13/39 2/44

— 3/76

$800,000–$999,999 4/42

5/46 2/57

11/58

— 6/37

4/10 3/114

— 4/23

4/69

$600,000–$799,999 3/33

10/58 2/70 7/48

3/6

11/38 3/31

2/43

3/38

— 8/116

78756

$500,000–$599,999 2/72

1/19

— 2/10

— 3/39 10/63

1/97

— 2/62

— 9/46

78757

78752

$400,000–$499,999 — 1/104 2/23

3/8

5/54

7/81

2/29 1/172

3/28

1/16

78731

$300,000–$399,999 —

1/92

1/8

9/62

7/39

1/87

— 2/45

1/17

4/48

78751

1/45

$200,000–$299,999 —

1/9

5/81

1/34

1/6

— 2/66

78705

360

$150,000–$199,999

1/51

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

78704

290

183

35

71

MOPAC

N

$2 million

+53.3%

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

CENTRAL AUSTIN

+0.46%

2022

2023

April

+48.29%

383

185

Closings

+43.52%

$799K $724.9K

Median price

454

547

New listings

4.47%

+3.17%

16.22%

6.55%

19.88%

5.86%

24.33%

Months of inventory

14.93%

0.8

4.4

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SOUTH CENTRAL AUSTIN EDITION • MAY 2023

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