Tuesday, September 18, 2018

Housing inventory falls across Austin area as median price nears record high

The Austin Board of Realtors released new monthly housing data on Tuesday and, surprise, August was another one for the record books. There were 3,034 sales of single-family homes across the five-country metro last month as the median price increased to $322,478, up 8.2 percent year over year. That's the second-highest median price ever recorded in the metro, according to the Austin American-Statesman. The record for median home price in a single month was $325,000 set in May. Other quick takeaways:…

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