08/04/2024
π City of Austin: June 2024 Real Estate Market Update π
π‘ Residential Homes Sold:
868 homes sold, a 21.0% decrease compared to June 2023.
π° Median Price:
$600,000, a 1.6% decrease from June 2023.
ποΈ New Listings:
1,661 new home listings, down 10.0% from June 2023.
π Active Listings:
5,632 active home listings, a significant 43.4% increase from June 2023.
π Pending Sales:
910 pending sales, 12.2% less than June 2023.
π
Months of Inventory:
5.8 months of inventory, up by 1.9 months compared to June 2023.
πΈ Total Dollar Volume:
$665,437,038 in total sales, a 23.6% drop from June 2023.
π Average Close to List Price:
95.2%, slightly down from 95.48% in June 2023.