April 2022 Market Statistics

April residential home sales decreased across the Austin-Round Rock MSA for the second month in a row according to the Austin Board of REALTORS® April 2022 Central Texas Housing Market Report. Despite the dip, the five-county MSA was just 216 homes shy of breaking the record set for April home sales in April 2021.

Last month across the MSA, residential home sales declined 6.2% year over year to 3,280 closed sales as the median price rose 19.6% to a new all-time record of $550,000. Sales dollar volume grew 11.6% to $2,231,215,686, new listings dipped 0.2% to 4,653 listings, and homes spent an average of 18 days on the market, unchanged from April 2021. Active listings jumped 52.5% to 2,763, causing housing inventory to increase 0.3 months to 0.8 months of inventory as pending sales declined 5.6% to 3,630 transactions.