Austin Board of Realtors
Recent News About Austin Board of Realtors
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Central Texas housing sees increased listings; experts discuss impact on buyers and sellers
In October, active listings in the Austin-Round Rock-San Marcos metropolitan statistical area (MSA) rose by 9.3% to a total of 11,599, increasing the region's months of inventory to 5.1 months, according to the latest Central Texas Housing Report...
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International homebuyers boost central Texas economy with $618 million contribution
International homebuyers have made a significant impact on the Central Texas economy, contributing $618 million from April 2023 to March 2024. This data comes from the 2024 Central Texas International Homebuyers Report released by Unlock MLS. The report highlights that foreign buyers accounted for 3% of all residential sales dollar volume in the Austin-Round Rock-San Marcos metropolitan statistical area (MSA). Closed sales increased by 2% year-over-year, reaching 1,020 sales, and the median closing price rose by 0.8% to $577,778.
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Central Texas sees rise in active listings but dip in median home prices
In August, active home listings in the Austin-Round Rock-San Marcos MSA housing market increased by 15.4%, while the median home price dropped by 4.4% to $439,990, according to Unlock MLS' August 2024 Central Texas Housing Report. These changes suggest more opportunities for buyers, although further decreases in home prices are necessary to significantly impact sales growth across the region.
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ABoR endorses Kirk Watson for Austin Mayor
Today, we are proud to announce that the Austin Board of REALTORS® has endorsed Kirk Watson to become Austin’s next Mayor.