April ABoR Stats are Out!
The April 2022 Austin Board of Realtors Stats are out. The median sales price was up 19% year over year to $550,000 in April. Active listings increased 52% to 2,763. New & Pending listings are down slightly. Homes spent an average of 18 days on. the market, indicating that as new homes are listed, they are quickly going under contract.
“The ups and downs we are seeing in our market are normal, and somewhat expected considering the fast pace at which our market has moved over the past two years. If you want to begin building equity through homeownership, or if there is a specific area you want to live in, the time to plant your flag is now. This is exactly why you want to have a REALTOR® in your corner advocating, negotiating, and counseling you throughout the entire process.” - Cord Shiflet, 2022 ABoR President
As always, if you are thinking of selling or just wondering what your home might be worth, reach out to the team member on the back and schedule a time to get some honest answers about your neighborhood market.
For the full market report, please click here.