July Austin Home Sales Break Record

Austin area home sales set a record for number of sales in July with an 11.7% year over year increase to 3,439 homes sold according to the Austin Board of Realtors. Sales in Austin remain flat due to limited inventory.

• The median price for homes rose by 3.2% to $325,000
• Sales dollar volume increased 15.4% year over year
• New lisings in the greater Austin area increased by 4%
• Monthly housing inventory decreased year over year by .2 months

Click this link to ABOR website for more details.