Is now a good time to sell my home in Austin?

Really thinking about selling your Austin home right now depends on your priorities, as some numbers show prices are down. The median listing price is $446,450, which is nearly 10% lower than it was a year ago. It also saw a small dip from the prior month. This means homes are listed for less money compared to last year.Prices per square foot also reflect this trend, currently at $228, an 8.4% drop from a year ago. The average listing price is down 7.2% year-over-year. This indicates that buyers are paying less for homes of similar size compared to last year.Homes are also taking a bit longer to find a buyer, sitting on the market for a median of 80 days. This is a slight increase from last year. More than a quarter of homes (27.3%) have had their prices cut, meaning sellers are adjusting their expectations to attract offers.For you as a seller, this means you might get less for your home than if you had sold last year, and it could take longer to sell. If you decide to sell, make sure your pricing is competitive from the start to stand out among the available homes.