Price declines in Austin’s volatile market

[Gregory Schwartz]

Austin’s housing market has seen a nearly 23% decline since May 2022, according to Redfin. However, steady markets like Bryan and College Station, Texas, have experienced appreciation of 15% to nearly 16% over the same period.

Smaller markets may not get as much attention as major cities like Austin, but they can sometimes be more insulated from the volatility we’re seeing in larger metros.

Have you found that secondary markets in your area are holding up better than the big cities?