COVID-19 Market Updates

April was the first recorded month the housing market reflected the effects of COVID-19. While sales and listings were slightly down, home prices continued to increase, days on market decreased, and our inventory continues to decrease, still creating a strong demand. If you are interested in buying a home or selling your current home in the Austin area, please notify us. We'd love to talk to you about becoming your Realtor.

• Median sale price - $325,000 – up +3%

• Average days on market – 43 – down 9 days

• New listings – 3,516 – down -21%

• Active listings – 6,349 – down -7%

• Pending sales – 2,801 – down -25%

• Total sales dollar value - $1.06 Billion – down -18%

• Months of inventory – 2.1 months – down 0.2 months

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