Austin Market Update

January 2021 Central Texas Housing Market Report

Homes sales jump 23.9% in January 

Impact from winter storms likely to increase housing demand 

AUSTIN, Texas - Austin-Round Rock MSA home sales jumped 23.9% to 2,523 sales in January, according to the latest Central Texas Housing Market Report by the Austin Board of REALTORS® (ABoR).  

“The last week has shown us, once again, that our homes are more important than ever,” Susan Horton, 2021 ABoR president, said....

The Housing Market Continues To Show A Strong Rebound

The Greater Austin area’s housing market is continuing to bounce back, according to the Austin Board of REALTORS® (ABoR) latest Central Texas Housing Market Report. Compared to July 2019, residential sales in the five-county area increased 21.5% while sales dollar volume increased 36.7%. At the same time, the median sales price increased 10.7% to $353,000 and homes spent three fewer days on the market—an average of 44 days. “The jobs pipeline into Austin continues to create new economic opportunities and a double-digit percentage gain in new listings in July, coupled with buyers continuing to take advantage of historically low interest rates, allows us to be cautiously optimistic about the remainder of 2020,” said Romeo Manzanilla, 2020 ABoR President. 

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