April 2023 Market Statistics
The Austin-Round Rock MSA housing market is outperforming national trends
while continuing to balance, according to the Austin Board of REALTORS® April 2023 Central
Texas Housing Market Report. The most recent National Association of REALTORS® data (March
2023) found that home sales declined 22.7% nationally while in Central Texas, they declined 14%,
demonstrating the resilience of the region’s economy.
Last month, Austin-Round Rock housing inventory increased 2.4 months to 3.2 months of
inventory, and homes spent an average of 71 days on the market, up 53 days from April 2022.
The median home price fell 15.1% to $466,705 while residential home sales also declined 18.8% year-over-year
to 2,611 closed sales and sales dollar volume dropped 29.3% to $1,545,088,361. New listings declined 10.6% year-over-
year to 4,115 listings while pending sales rose 0.2% to 3,267 transactions.
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