Posted on 11 May
This week's Monday Market Watch May 11th, 2020...The real estate movement for the City of Austin is as follows. New active listings to the market decreased 17%, pending sales are down 4% and the sold properties decreased by 3% this week compared to the week prior. The number of sold properties is about 43% lower than the same time last year. Watch the video below for details.
We continue in a seller's market for all price points. However, the $1,000,000 and over properties are approaching neutral status with 5.4 months inventory. Six months is considered a stable market.
Year over Year Statistics for the City of Austin...
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