JUNE AUSTIN MLS STATISTICS

Sales seem to have slowed as we hit the summer heat.  The statistics below indicate a slight softening in some aspects of the market, but it is important to not that these are lagging indicators.  These sales totals are for closings during the month of June, which means that they had actually gone under contract roughly 30 days or more before that.

AUSTIN-ROUND ROCK MSA STATS

Following are June 2017 single-family housing market statistics in the Austin-Round Rock MSA:

3,415 – Single-family homes sold, 4.0 percent more than June 2016.
$314,000 – Median price for single-family homes, 7.0 percent more than June 2016.
45 – Average days homes spent on the market, two days more than June 2016.
4,335 – New home listings on the market, 6.0 percent more than June 2016.
7,672 – Active home listings on the market, 19.0 percent more than June 2016.
3,148 – Pending sales for single-family homes, 9.0 percent more than June 2016.
3.1 – Months of inventory, 0.5 months more than June 2016.
$1,347,423,877 – Total sales dollar volume, 12.0 percent more than June 2016.

Jeff Stewart, CCIM, SRES   Stanberry & Associates

jstewart@stanberry.com      512-327-9310