July 2017 Market Report

[David Ivy]

The July 2017 Central Texas Housing Market Report is out from the Austin Board of REALTORS®. According to the report, Central Texas housing inventory is at its highest point since Fall 2012, surpassing 3 months of inventory in multiple markets:

Home sales in the City of Austin dipped:

Here are the basic stats on single-family home sales for July 2017 for the City of Austin and the greater Austin area:

Single-family home starts are driving inventory growth: