Found 203 blog entries tagged as inventory.

Housing inventory in the U.S. jumped dramatically in June, and Texas’ capital city leaped the highest.

Active listings in Austin are up 144.5 percent over June of last year — the largest increase in the 50 largest U.S. metros by a long shot — according to Realtor.com’s June housing trends report. The number of active listings nationwide has increased 30 percent since the same time last year.

The June median listed home price for the Austin metro was $660,000 in June, up 18 percent over the same period last year, but those high asks are now less likely to hold.

A whopping 32 percent of homes for sale in June were reduced from their original ask — a 24.7 percent increase in the discount share since the same period last year. Nationwide, the…

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Texas’ capital city saw an increase in homes for sale in May, with dollar volume increasing while the median price held steady.

The Austin-Round Rock area had enough inventory on the market to last 1.2 months, according to the monthly Central Texas Housing Market Report by the Austin Board of Realtors. The median sales price remained at the record-setting $550,000 it hit in April, a 19 percent increase over April 2021.

Active listings were way up — 146 percent higher than last year, to 4,173 — and new listings increased 18.8 percent over last year, to 5,231.

Area residential sales were on the downslide, declining 7 percent year over year to 3,633, but sales dollar volume for the month was $2.4 billion — 9 percent higher than in May 2021.…

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April home sales in the Austin area decreased for the second month in a row, according to a new report from the Austin Board of Realtors.

The April 2022 showed across a five-county area, home sales declined 6.2% year over year to 3,280 closed sales as the median price rose 19.6% to a new record of $550,000.

Active listings jumped 52.5% year over year to 2,763, causing housing inventory to increase by 0.3 months for a total of 0.8 months of inventory, marking the biggest gain in housing inventory year over year since the summer of 2017.

“We are far from a healthy number of homes for sale in our market, so any increase in housing stock, no matter how small, is a welcome sign for people looking to buy. Our area continues to really be influenced…

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