Jan 2024 Austin Market Statistics

The first market analysis of the year released by Unlock MLS shows an increase in residential homes sold, up 4.3% to 1,667 closed sales, and an uptick in pending sales, which rose 3.8% to 2,480 listings, according to the latest Central Texas Housing Market Report. The data demonstrates that more options are available for potential homebuyers and sellers are feeling optimistic moving into 2024.

January marks the fifteenth consecutive month of year-over-year median sales price declines in the Austin Round Rock housing market, empowering more homebuyers to enter our market. Mortgage rates peaked in late October before declining in November and December, providing a boost to buyer’s purchasing power, which is borne out in the increase in residential homes sold in January. 

Austin Round-Rock MSA

  • 1,667 – Residential homes sold, 4.3% more than January 2023.
  • $430,000 – Median price for residential homes, 4.4% less than January 2023.
  • 3,064– New home listings on the market, 5.1% more than January 2023.
  • 7,976– Active home listings on the market, 3.6% less than January 2023.
  • 2,480 – Pending sales, 3.8% more than January 2023.
  • 3.2 – Months of inventory, 0.2 months more than January 2023.
  • $892,581,695– Total dollar volume of homes sold, 0.1% less than January 2023.

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