![Image](https://cms.realsavvy.com/attachments/69bcbc68dd67f098cf3fef1b2a63d370bc730fc6/store/e354208d23117ea2eb8cfd21f64f6cd28ef757c94b963ed75e640ba1264a/Screen+Shot+2020-10-07+at+8.31.15+PM.png)
The following comparisons are for the City of Austin on year to date real estate market data and quarterly comparisons. The second quarter highlights the shelter-in-place rules as the number of sales was down 23%. And, the biggest road block for buyers right now is that the inventory levels dropped from 5 weeks to 4 weeks. (5 -6 months would be a stable market.) There are so few properties to choose from, buyers often put an offer on a house they don't even want. Sellers are in the driver's seat and are typically selling for more than current market value.
Watch the video below for details!
![](https://buildercdn.locomotivecms.com/attachments/67a49d0bed9ff54b1cd2604bea32db523207ae74/store/3df257b660a5d6f7d7353e10d9d79812cb61aaac5c51e73af52c9e7228c9/Screen+Shot+2020-10-07+at+8.31.15+PM.png)
![](https://buildercdn.locomotivecms.com/attachments/f9b8d453f87f485fd509c4ae2028bb3d078d9c81/store/44ddbe9533dc7e020ae24d5a465627d79a1b59fffc25a32e882045652c90/Screen+Shot+2020-10-07+at+8.31.55+PM.png)
![](https://buildercdn.locomotivecms.com/attachments/1ebedcffaeee06c0cff0c37d64ecdc107dfb4e2a/store/0d8253a0393c1f519bbb3204771cba5df5eb97214fc32d7c4cf8e0f49d3d/Screen+Shot+2020-10-07+at+8.32.32+PM.png)