Our real estate market is perfectly set up for home sellers. Here’s why.
Purchasing in the Austin area? Search all Austin homes
I’m sure you’ve heard that the Austin real estate market is super hot right now. This year, we’re down about 15% in home sales. There just aren’t very many homes on the market.
As a result of this limited inventory, our average sale price has jumped 32% to $614,000. Sellers are getting homes under contract for an average of 105% of their list prices. The average days on market have gone down by almost 50% to an average of just 27 days.
This is all fantastic news if you’re thinking about selling a home. It’s a great time to get your home on the market and take advantage of these great selling conditions. If you have any questions about selling a home, what’s going on in your neighborhood, or real estate in general, don’t hesitate to reach out via phone or email. I look forward to speaking with you soon.
