The Case-Shiller index hit an all-time high in April. Price appreciation in the Austin metro far exceeded the indexed cities. Here’s the comparison. Continue reading
The supply of homes for sale increased slightly in April, but Austin home prices have gone up faster in 2021 than at any time in at least 40 years, maybe ever. Is there an end in sight? Continue reading
Strong demand and shrinking supply had driven prices up in and around Austin. Here are some important details. Continue reading
Ongoing supply vs. demand pressure has driven dramatic price increases in Austin and around the U.S. Here’s a twenty-year comparison. Continue reading
Years of demand for housing that outpaced supply have led to continuing price growth. Thes charts show the distribution of all home sales by price range across the Austin metro area. Continue reading
Since the Austin area recovered from the last market bottom, the residential real estate has moved faster than an any other time in at least thirty years. 2020 moved that velocity to an incredible new level. Continue reading
The Austin region has been seriously challenged to meet strong demand for housing throughout this market cycle. 2020 exacerbated that challenge. Continue reading
Think quick sales and multiple offers are only a problem in your home search? Think again. Quick sales and multiple offers affect the entire Austin area. Continue reading
Sales soar, supply sinks, and prices rise. That’s been true for almost 8 years in Austin, but not like this year! Continue reading
My last post provided a lot of aggregate information about Austin-area real estate. This update adds details about pricing across the metropolitan area, by city and zip code. Continue reading