2023
HOME EDITION
REAL ESTATE DATA
COMPILED BY GRACE DICKENS
45 TOLL
2022-23 North-Northwest Austin real estate market at a glance Home sales have slowed for several ZIP codes within Northwest Austin as the market cools. Despite fewer homes being sold, however, some areas saw home sales rise over 30% year over year.
620
78758 78729
78727 78750 78759
MOPAC
183
35
360
SOURCES: AUSTIN BOARD OF REALTORS, FREDDIE MAC COMMUNITY IMPACT
2222
N
Average home sales price
Number of homes sold
June 2021-May 2022
June 2022-May 2023
June 2021-May 2022
June 2022-May 2023
78727
78729
$550,000
$530,000
-8.22%
-6.04%
$504,800
$498,000
78750
78758
$610,000 $608,000
$445,025 $460,000
+0.33%
-3.26%
78759
$745,000
-12.08%
$655,000
78727
78729
78750
78758
78759
National mortgage rate data After staying relatively at the rst two years of the pandemic, mortgage rates have sharply risen since early 2022, peaking Nov. 10 of last year before seeing some decline the last six months. 30-year xed-rate mortgage 15-year xed-rate mortgage
8
6.48%
6
3.22%
3.72%
2.65%
4
5.73%
3.16%
January 2020 0 2
2.16%
2.43%
January 2021
January 2022
January 2023
Austin Habitat for Humanity
17
NORTH NORTHWEST AUSTIN EDITION • AUGUST 2023
Powered by FlippingBook