February 2017 Market Report

[David Ivy]

In February 2017, the median price for single-family homes in the City of Austin remained unchanged from the year prior at $330,000. Overall, the Central Texas housing market is beginning to normalize to more stable market conditions.

Here are the basic stats on single-family homes sales for February 2017 for the City of Austin and the Greater Austin Area:

Below are excerpts of from the press release from the Austin Board of REALTORS®.

From Brandy Guthrie, 2017 President of the Austin Board of REALTORS®:

Mark Sprague, State Director of Information Capital for Independence Title, agrees:

Note that this echoes a sentiment I expressed about 7 months ago in a BP post here. Where is said, among other things,

On the City of Austin and the greater Metro Area:

What do you think? I have access to lots more data (e.g., specific zip codes). Let me know if there's anything else you'd like to see.