Market update for Austin-Round Rock MSA:
In the first half of 2023, home sales in the Austin-Round Rock MSA decreased 14.5% year over year to 15,632 home sales. Sales dollar volume dropped 23.2% to $9,076,088,439, as the median price fell 12.8% to $458,000. So far this year, new listings are down 7.8% to 23,366 new listings; active listings skyrocketed 173.5% to 8,180 listings; and pending sales decreased 6.7% to 17,012 pending sales. Homes spent an average of 72 days on the market from January through June 2023, 51 more days than the same period in 2022.
