Luxe Austin Homes - median sale price

"Here's how airplane routes and noise affect home prices"

Austin Business Journal writes, "The noise from airplanes can cost homeowners thousands of dollars when they sell.

A working paper published by the National Bureau of Economic Research analyzed changes in flight paths and overall airplane noise in residential neighborhoods near several airports and the prices homes secured when they subsequently sold. 

The research found that for every 1% increase in airplane noise exposure for a home, that home sold for 0.2% to 0.3% less than comparable homes without an increase in airplane noise. That implies that for every 1-decibel increase in average noise, property values drop by 0.6% to 1%. 

“The magnitude of our estimates suggests that aircraft noise remains a significant disamenity for households,…

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"Number of houses for sale in Austin area reaches highest since 2022"

CultureMap Austin writes, "The number of houses for sale in the Austin metro has reached its highest level since 2022, and median home prices remained stable for the seventh month in a row, according to the October 2025 Central Texas Housing Report from Unlock MLS and the Austin Board of Realtors.

The median sale price for a home in the Austin-Round Rock-San Marcos metro area came out to $439,000 last month, only 1.4 percent more than the median sale prices in October 2024. Home sales dipped 9.6 percent from last year with 2,238 residential homes sold in the metro. More than 3,600 new listings were added to the market in October, which is 7.9 percent higher than last year, bringing the total number of active listings to 13,227 homes.

Unlock MLS…

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"More homes will hit the market in 2026. Here's the pricing outlook."

Austin Business Journal shares, "More homes are going to hit the market in 2026 — but don’t expect home prices to drop in the near future.

A new report by the National Association of Realtors predicts existing-home sales will jump by 14% in 2026. That’s because of a combination of dropping mortgage rates and improving market stability after several years. 

But, despite the number of new homes hitting the market, prices are still projected to go up by 4% in 2026, as demand remains steady and supply remains lower than normal. 

“Next year is really the year that we will see a measurable increase in sales,” said NAR National Economist Lawrence Yun. “Home prices nationwide are in no danger of declining.”

Mortgage rates are projected to go down…

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"Texas scores No. 1 city in US for homebuyers, report shows"

MYSA.com writes, "If you're looking for a new home, one Central Texas city just might have exactly what you need. Texas' capital city was recently recognized for having the strongest market in America for homebuyers, according to a new Redfin report.

The online real estate brokerage crowned Austin with the No. 1 spot on its top 10 list of the strongest buyers markets of September 2025. All but two of Redfin's best buyers markets were in Florida or Texas, with major cities like San Antonio, Houston and Dallas also in the mix.

To determine the rankings, Redfin analyzed the 50 most populous U.S. metropolitan areas using proprietary data on the typical time from a buyer’s first tour to close of purchase, MLS data on active listings and pending sales.…

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"Housing market shifts to favor buyers — but they're not buying"

Austin Business Journal writes, "Like much else about the U.S. economy, tariffs and broader uncertainty are weighing on home sales amid the industry's crucial spring season.

In March, more than 375,000 homes were newly listed on the market — an increase of nearly 9% compared to the same time last year, according to Zillow Group Inc. (Nasdaq: ZG) research. But newly pending sales were flat compared to last year, despite slightly lower average mortgage rates in March 2025 compared to a year ago.

That's despite several aspects of the market — including price cuts hitting their highest point in at least seven years — shifting to favor buyers.

Inventory rose to 1.15 million homes in March, an increase of 19% from last year and the most inventory…

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"Prices still at record levels even as existing-home sales tick up"

Key takeaways

• Existing-home sales in October 2024 rose 3.4 percent from the previous month and 2.9 percent from a year ago, according to the National Association of Realtors — the metric’s first annual gain since 2021.
• The nationwide median sale price was $407,200, up 4 percent from last year and the highest October median on record.
• Inventory in October was at a 4.2-month supply — still tight, but a sign that buyers are gaining more bargaining power.

Bankrate.com writes, "The housing market suffered from sluggish sales again in October 2024, but sales volumes finally are looking up. And home prices remain near record highs, a new report by the National Association of Realtors (NAR) shows.

The median home-sale price marked the highest…

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"Housing inventory, listings increase in Austin metro as mortgage rates remain elevated"

Austin Business Journal reports, "Mortgage rates remain elevated compared to recent years, but Austin-area homebuyers have a robust inventory of choices, according to the latest market data from the Austin Board of Realtors and Unlock MLS.

The median sale price for homes fell slightly in October to $430,000, a 3.2% drop from the same time last year. And with a housing inventory that eclipsed the five-month mark, buyers had plenty of options.

Meanwhile, overall transaction volume remained flat year-over-year, as both active and new listings increased compared to October 2023.

But elevated mortgage rates — the average 30-year fixed-rate mortgage was 6.79% for the week of Nov. 7 — continue to be the biggest factor affecting home sales, said…

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"Mortgage rates finally fell, but homebuyers still face a big problem"

Austin Business Journal writes, "The Federal Reserve may have cut interest rates last month, but homebuyers still face a challenge when assessing the current market for real estate: home prices.

Prices were up 5.9% in the third quarter this year over the same three-month period in 2023, according to data from Fannie Mae. While that increase is down from a 6.4% spike in the second quarter, it’s still a substantial jump for buyers who are looking for a home.

Mark Palim, Fannie Mae senior vice president and chief economist, said the “robust” growth is because of a lack of supply. Many current owners don’t want to sell their homes and give up the low interest rate they obtained earlier only to step into a high-interest rate environment.

“Even though…

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"Austin home prices jumped 87 percent in 10 years, report reveals"

CultureMap Austin shares, "A new real estate report confirms something that Austinites pretty much already knew: The city of Austin saw a significant increase in housing prices among U.S. cities within the last decade, with median home prices skyrocketing up to 87 percent.

The report by online real estate database PropertyShark analyzed median home sale prices in 41 of the most populous U.S. cities and locales in 2014 and 2023. According to the study, the median sale price of a home in Austin in 2014 was $287,000. A decade later, median housing prices in the city nearly doubled, landing at $538,000 in 2023.

Demand for housing increased dramatically due to the COVID-19 pandemic, when "millions of office employees suddenly shifted to working from…

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"Is Austin's housing market overvalued? At least by one measure, the answer is yes"

Austin Business Journal writes, "Home prices in Austin are eclipsing the median buying power of local residents.

That's according to data from First American Financial Corp., which found the housing markets in at least half of the nation's major metro areas are overvalued compared to local buying power.

Home prices have soared nationally over the past decade — especially during the pandemic — and that's driving a significant affordability crisis in many regions. High interest rates and a sustained lack of inventory aren't helping matters.

Local buying power in Austin is $434,663, according to the data. Unfortunately for those in the market for a new home, the median sale price of a house in Austin was clocked at $466,867. That's about a…

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