Southwest Austin Dripping Springs 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 Southwest Austin/Dripping Springs continues to decrease.

HOMES SOLDAVERAGE DAYS ON THE MARKET

78620

78735

78736

78737

78739

78745

78748

78749

$1 million+

2/74 8/80 10/68

6/32 7/55 3/22

—

6/14

8/38 7/24

5/58

—

2/99

$800,000–$999,999 $600,000–$799,999 $500,000–$599,999 $400,000–$499,999 $300,000–$399,999 $200,000–$299,999 $150,000–$199,999

1/108

18/23 6/54 2/39

—

3/4

1/0

1/54

7/31 2/7

13/14

6/16 7/38 19/37

19/26 8/70

5/84

— — — — — —

—

20/28 17/20

360

—

2/55 1/33

1/6

— — — — —

4/10

78749

MOPAC

2/170

— — — —

4/12

6/12

1/4

78736

78735

— — —

78620

78745

$149,999 or less

290

78737

MEDIAN PRICE OF HOMES SOLD WITH YEAROVERYEAR PERCENTAGE CHANGE

74748

2022 2023

78620

78735

78736

78737

78739

78745

78748

78749

SOUTHWEST AUSTIN DRIPPING SPRINGS

$1.1 million

$1 million

April

2022

2023

$900,000

384 254

Closings

3.94%

$800,000

7.26%

24.04%

Median price New listings

$690K $637.8K

$700,000

12.24%

$600,000

504 422

15.49%

$500,000

15.11%

$400,000

Months of inventory

12.91%

0.7

2.7

17.14%

farmhouse beer, pizza, cocktails, sandwiches, & More

just 25 mins from downtown austin turn right on fitzhugh road

13TH ANNIVERSARY PARTY TWO SPECIALTY BEER RELEASES 5 LOCAL MUSICAL PERFORMANCES FROM 2�7PM INTERACTIVE ART INSTALLATIONS FROM 11�4PM

Saturday June 10 all day 10-11pm

event details

COMMUNITYIMPACT.COM