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listing inventory

This tag is associated with 11 posts

Market Dashboard — important history

2022 was a transitional year in Austin-area residential real estate. The adjustment toward “normal” will likely continue for much of 2023, and will remain somewhat unpredictable. This look back at market details is important as we consider what to expect this year. Continue reading

2021 Market Dashboard Recap

The extreme pace of price growth in the Austin market has calmed somewhat in recent months, but our housing supply shortage is not easing. 2022 will likely be challenging — again. Continue reading

2021 – The Big Picture

The Austin residential market continues significantly under-supplied, with resale listing inventory at its lowest since June 2021. Could 2022 repeat the bidding wars and rising prices we saw last year? Continue reading

Five-year market comparison — supply-demand tension increases

Sales soar, supply sinks, and prices rise. That’s been true for almost 8 years in Austin, but not like this year! Continue reading

What a summer! Home sales and prices …

July and August unit sales and annual price rises were astonishing! With limited housing supply, can it continue? Continue reading

How did June home sales compare?

June home sales in the Austin metropolitan area posted a large gain — more than any month for more than a year. Quick sales and rising prices continue. Here are the details. Continue reading

Preparing for recovery

The Austin area added significant listing inventory in March, and new pending contracts will boost April sales. I remain optimistic about buyers and sellers reentering the market when they are confident about doing so without jeopardizing their health. Continue reading

Austin-area Market Dashboard – 3Q 2019

This market cycle is maturing, but we’re just watching the proper function of a market, and demand for Austin’s highly educated workforce and for the attractive lifestyle that Austin represents will continue to support growth for a while yet. Continue reading

Following up on Austin housing supply

One reason for our continuing struggle with supply vs. demand is that Austinites and staying longer in their homes, and we’re not alone Continue reading

Market Dashboard Update, 3Q 2018

Market economists remain confident in our strong market conditions through 2019 and into 2020, and I agree.  Inevitably, however, we will see prices moderate, interest rates increase, “days on market” grow, and inventory begin to catch up with demand. Continue reading