Will my home sell in Austin?

The Austin-Round Rock-San Marcos area is seeing prices come down, but homes are still selling. The median listing price is $461,887 right now. Over the past year, prices have dropped, but not by a huge amount. Prices have decreased by 2.5% in the most recent month and by 9.6% over the past year. Even with these price changes, homes are still moving, with 3,736 homes currently pending sale. On average, homes are staying on the market for 67 days before going under contract. This is just a slight increase of 1.5% compared to this time last year. About 28.3% of homes have had their prices lowered, which is actually a bit less than last year. The number of homes for sale, at 12,655 active listings, is down 3.6% compared to the same time last year. There are also fewer new homes coming on the market, down 10.6% over the past year. This means there's less competition from new homes, even with a lot of choices overall. While prices have adjusted downward, and homes are taking a little longer to sell, the steady number of pending sales suggests that buyers are still active in the market. Focus on pricing your home competitively to attract interested buyers quickly.

The Austin-Round Rock-San Marcos area is seeing a slight dip in prices, but homes are still moving steadily. The median listing price is $461,887, which is a small decrease from the prior month and almost 10% lower than last year. Your home will likely sell, but it's important to price it competitively. There are 12,655 homes for sale right now. This number is slightly down from last year, meaning there are fewer homes on the market for buyers to choose from. It's taking a bit longer to sell a home now, with the typical home sitting on the market for 67 days. This is just a slight increase compared to last year. While homes are not flying off the market, they are still selling. Nearly 30% of homes have had their prices reduced, which is a bit less than last year. This suggests that sellers are adjusting their prices to attract buyers in the current market. With fewer new homes coming onto the market and a reasonable amount of time for homes to sell, it’s a good idea to work with an agent to price your home right. This will help it stand out to potential buyers.