Up, Up and Away…
By: Darian Rausch, REALTOR®
Urban to Suburban Realty Team
According to a January 16th report, released by the Austin Board of Realtors, it was another record-breaking month — and year — for Austin real estate. Which, let’s be honest, isn’t really new “news”.
Single-family home sales and prices continued to climb last month, capping off a year that saw Austin’s median home price break the $400,000 mark for the first time ever, eventually hitting a peak of $420,000 in July.
Sales across Central Texas, an area that includes Travis, Williamson, Hays, Caldwell, and Bastrop counties, continued to heat up last month, with a 9.2 percent increase across the region over last December.
In Williamson County, the median estimated home value is $287,180, up +.13% over the previous month. The median sales price held strong for December 2019 at $287,700.
South of Austin in Hays County, the median estimated home value is slightly lower at $258,460, an increase of +4.87% in the last 12 months. The median sales price for Hays Co. in December was $265,750, relatively affordable compared to Williamson and Travis counties.
Below is the median sales price for each city in Travis, Williamson and Hays counties for December 2019.
Median Sales Price