Dec 2022 Austin Market Stats
Posted by Leo Welsh on Wednesday, January 18, 2023 at 5:03:34 PM
By Leo Welsh / January 18, 2023
Comment
In 2022, the median price for a home in the Austin-Round Rock MSA set a new annual
record of $503,000, according to the December 2022 and Year-End Central Texas Housing Market
Report released by the Austin Board of REALTORS®. Despite this record, the housing market continued
shifting towards buyers as home sales declined 18.3% to 33,547 homes sold last year and inventory
increased, with homes on the market for 31 days, 11 days more than in 2021.”
In 2022, the median price in the MSA rose 11.4% $503,000. Sales dollar volume dipped 9.8% to yield a $21,018,159,929
impact on the Austin-area economy. New listings stayed flat, and the year ended with 45,949 homes listed as
pending sales dropped 24.2% to 31,633 homes.
Post a Comment