September 2017 Market Report

[David Ivy]

The September 2017 Central Texas Housing Market Report is out from the Austin Board of REALTORS®. The weather isn't the only thing cooling this time of year. Single-family home sales declined across much of the Austin-Round Rock MSA last month, while inventory levels continued to increase. However, it's important to keep this in context:

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

According to Lawrence Yun, Chief Economist and Senior Vice President of Research at the National Association of REALTORS®,