Austin's total home value grew at staggering rate in past decade
Some points from the article:
- The value of the Austin metro housing market grew by $141 billion, or 126%, in the past decade, according to a new report from Zillow Group Inc.
- The base new home price for homes started in 2010 was $211,868, according to data provided by Metrostudy. In 2019 it was $299,858, a 41% increase
- About 350,000 jobs were created in the metro in the past 10 years, that caused about 500,000 people to move to the metro in the last decade, helping to drive the population from 1.7 million in 2010 to 2.2 million in 2019
- Austin's total housing value grew $22 billion, or 9.5%, year-over-year, according to Zillow.
https://www.bizjournals.com/austin/news/2020/01/20/austins-total-home-value-grew-at-staggering-rate.html?fbclid=IwAR0IWSUp5vaxoIZv7dxv7wpWD_hTtE9yaZJtcLsY2MALFRR5tu1JLZvX9G8