Austin Title reports the following Preliminary Market Statistics for December 2023 for Austin Real Estate:
Units Sold:
2,318 down 16.01% from December 2022
(This number is preliminary and may increase as sales are reported/updated in MLS)
Average Sales Price:
$548,622 down 0.48% from December 2022
Average Days on the Market:
88.06 days up 26.22 days from December 2022
Median Sales Price:
$436,640 down 1.41% from 1 year ago
In conclusion, 2023 was not a good year for Austin Real Estate. The past 4 years have been much better.
SOURCE: Austin Title
