Start Your Property Search

March 2022 Stats



The March 2022 Austin Board of Realtors Stats are out. The median sales price was up 22% year over year to $521,000 in March. New listings actually decreased 1% to 4,150.  Pending listings are also down slightly. The biggest increase was active listings which went up 46% to 1,731. Homes spent an average of 21 days on the market which is down compared to this time last year indicating that as new homes are listed, they are quickly going under contract.  

The Austin-Round Rock MSA experienced a decline in residential home sales, while a slight increase in housing inventory coincided with a new all-time record for the median sales price, according to the Austin Board of REALTORS® March 2022 Central Texas Housing Report.

“Rising home prices along with nationwide inflation and rising interest rates can seed caution in the market, so it’s important to remember that we are still experiencing a very active housing market driven by true demand, not investor speculation,” Cord Shiflet, 2022 ABoR president, said. “More homes are being listed and sold in Austin than ever before, and people are buying those homes because they need to live in them. The Austin area has a dire need for more housing stock across all housing types and price points, so last month’s increase in housing inventory and the number of homes on the market was a welcome sign.” 

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 more the full market report, please click here.

Post a Comment

Blog Navigation

Posts By Category

All Categories Arts & Culture (5) Austin Arts & Culture (16) Austin Dining Out (58) Austin Events (27) Austin Market Update (6) Austin Nightlife (4) Austin Outdoor Recreation (27) Austin Real Estate News (48) Austin Things to Do (54) 'Coming Soon' Listing (1) Design Ideas (6) Dining Out (2) Giving Back (2) Holidays (9) Home Buyers (142) Home Improvement (3) Home Sellers (40) Mortgage News (2) Our Team (1) Outdoor Recreation (1) Real Estate News (13) San Antonio Arts & Culture (4) San Antonio Dining Out (31) San Antonio Events (4) San Antonio Market Update (1) San Antonio Nightlife (4) San Antonio Outdoor Recreation (10) San Antonio Real Estate News (16) San Antonio Things to Do (25) Tasty Treats (4) Technology (4) Things to Do (2)

Posts By Month

Grab Our RSS Feed

Learn about our proven and repeatable home selling system to net you top dollar.

We proactively seek out properties for our buyers, learn about that here.

"I'm not bragging, I'm applying for a job. I want to be YOUR Realtor!" - Shawn Culhane