November 2017 Market Report

[David Ivy]

The November 2017 Central Texas Housing Market Report is out from the Austin Board of REALTORS®. For the second month in a row, single-family home sales increased broadly across the Austin-Round Rock Metropolitan Statistical Area. However, single-family sales in the City of Austin were down again in November by 3.3% year-over-year (down 1.7% in October). The normalization trend continues:

Here are the basic stats on single-family home sales for November 2017 for the City of Austin and the greater Austin area:

Signs point to a strong 2018:

The ultimate outcome of the CodeNEXT process are still largely unknown:

Happy Holidays!