Posted Dec 16, 2022, 5:35 AM
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Meh
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Join Date: Jul 2001
Location: Austin <------------> Birmingham?
Posts: 57,327
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https://www.kxan.com/news/local/aust...early-4-years/
Quote:
Austin area median home prices stay flat for first time in nearly 4 years
by: Kelsey Thompson
Posted: Dec 15, 2022 / 05:25 PM CST
Updated: Dec 15, 2022 / 06:48 PM CST
AUSTIN (KXAN) — Median home prices within the Austin-Round Rock MSA have remained flat for the first time in nearly four years, according to a new report from the Austin Board of Realtors Thursday.
The November Central Texas Housing Market Report reflected a 0% year-over-year increase in median home values.
This marks the first time since spring 2020 there haven’t been any records broken for either home sales or median home prices in both the MSA and the city of Austin, the report added.
Home sales decreased nearly 37% last month, with 2,026 closed listings. For context, that marks the largest percent decline in home sales since May 2020, when COVID-19-related economic concerns corresponded to a 29.2% decline.
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