Posted on July 15, 2016 - 03:15 PM
by Raye Mayhorn
Your Austin REALTOR® MLS Insider for Friday, July 15.
Mid-Year 2016 Market Report: ATX-RR homes sales on record pace
Through the first half of 2016, single-family home sales and median price experienced strong gains in the Austin-Round Rock MSA. Home sales rose 6.1% to 14,482 homes sold when compared to the same period in 2015, while median price rose 7% to $282,000. The current home sales pace is on track to break 2015's record-setting year.
In June 2016, single-family home sales rose 9% year-over-year to 3,219 homes sold, while median price rose 8% to $295,500 over the same time frame.
June 2016 median price for single-family Austin-area homes