Austin Real Estate Market Report: Year-End & December 2019

The year 2019 was a 💥 record setting 💥 year for the Austin housing market according to the Central Texas housing market report released by the Austin Board of Realtors. There were more homes sold in 2019 than any other year on record with a record-breaking 33,084 home sales and $13,158,737,333 in sales volume due to an unprecedented population growth. Looking into 2020, 🔥 the market shows no indication of slowing down!

Austin-Round Rock MSA

• Year-End
  • Median price for single-family homes increased 2.6% to $318,000 in 2019
  • Single-family home sales increased 7.2% to 33,084 home sales
  • New listings increased 1.4% to 39,309 listings in 2019
  • Active listings decreased 4.3% to 6,216 listings
  • Pending sales increased 10.5% to 33,976 pending sales
• December 2019
  • Sales volume increased 9.2% to 2,608 sales
  • Monthly housing inventory decreased 0.5 months to 1.7 months of inventory
  • Median price of a single-family home increased 7.1% to $323,000

City of Austin

• Year-End
  • Median home price for single-family homes increased 5.3% to $395,000
  • Single-family home sales increased 1.8% to 9,572 home sales
  • Sales dollar volume grew 6.9% to $4,678,400,967
• December 2019
  • Median home price increased 8% to $405,093
  • Sales increased 8.9% to 738 home sales
  • Monthly housing inventory decreased 0.5 months to 0.9 months of inventory

Travis County

• Year-End
  • Median price for single-family homes increased 3.6% to $372,000
  • Single-family home sales increased 4.7% to 16,042 sales
• December 2019
  • Median home price increased 6.3% to $369,000
  • Sales increased 8.8% to 1,257 sales.
  • Monthly housing inventory decreased 0.5 months to 1.4 months of inventory

Williamson County

• Year-End
  • Median home price for single-family homes increased 4% to $287,774
  • Single-family home sales in Williamson County increased 10.5% to 11,797 sales
• December 2019
  • Median home price increased 4.3% to $290,280
  • Sales increased 14.1% to 970 sales
  • Monthly housing inventory decreased 0.5 months to 1.8 months of inventory

Hays County

• Year-End
  • Median home price for single-family homes increased 1.8% to $268,000
  • Single-family home sales increased 6.9% to 3,829 sales
• December 2019
  • Median home price increased 1.5% to $269,000
  • Sales increased 2.2% to 279 sales
  • Monthly housing inventory decreased 0.2 months to 2.6 months of inventory

Bastrop County

• Year-End
  • Median home price for single-family homes increased 5% to $239,450
  • Single-family home sales increased 12.2% to 1,120 sales
• December 2019
  • Median home price increased 2% to $234,500
  • Sales decreased 3.4% to 86 sales
  • Monthly housing inventory increased by 0.1 months to 3.3 months of inventory

Caldwell County

• Year-End
  • Median home price for single-family homes increased 11.1% to $199,900
  • Single-family home sales increased 3.9% to 296 sales
• December 2019
  • Median home price increased 17.1% to $205,000
  • Sales decreased 23.8% to 16 sales
  • Monthly housing inventory increased 0.5 months to 3.8 months of inventory