Austin housing market prices skyrocket, home buyers pay attention

 Austin housing market prices skyrocket, home buyers pay attention

In the greater Austin area, homes price reached an all-time, record-breaking high in May as the median home price reached $465,000, while both home sales and sales dollar volume skyrocketed, according to The Austin Board of REALTORS® May 2021 Central Texas Housing Report.

2021 ABoR President, Susan Horton says, “Austin’s housing market has become one of the most competitive markets in the U.S.” 

“As new companies relocate to Austin and the city’s popularity draws in new residents, the sheer demand for housing has created a critical inventory shortage, reinforcing that affordability and accessibility to housing across our region is a real concern and should be a top priority for local leaders.”

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