Three of five ZIP codes in the North-Northwest Austin market experienced double-digit percent change increases in the number of homes sold year over year in March, according to data from the Austin Board of Realtors. (Courtesy Austin Board of Realtors)

Community Impact shares, "Three of five ZIP codes in the North-Northwest Austin market experienced double-digit percent change increases in the number of homes sold year over year in March, according to data from the Austin Board of Realtors.

The details

The 78759 ZIP code netted more home sales than other North Austin-area ZIP codes and experienced the greatest year-over-year growth in March.

Home sale prices varied in March, with some areas experiencing declines in home prices while others, such as ZIP code 78727, saw an almost 15% increase.

The 78729 ZIP code saw an almost 50% decrease in the average days spent on the market, while ZIP code 78758 saw a 14.3% increase.

The majority of homes sold in the area in March were between $300,000-$699,000.

Holistically, average changes across the market for all ZIP codes in March included:

Closed sales

  • 2023: 115
  • 2024: 124

Median home price

  • 2023: $527,000
  • 2024: $522,500

New home listings

  • 2023: 216
  • 2024: 210

Pending sales

  • 2023: 142
  • 2024: 143

Months of inventory

  • 2023: 1.9
  • 2024: 2.4

Days on the market

  • 2023: 55
  • 2024: 44

Active listings

  • 2023: 250
  • 2024: 290"

Source: Community Impact

Written by: Grace Dickens

Published: April 23, 2024

Posted by Grossman & Jones Group on

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