Has the Austin Real Estate market bottomed out? This is the big question on everyone’s mind, and it’s exactly what my colleague Lee and I discuss in our latest market update.
We are seeing some interesting signals in the market right now. Recent reports confirm that Austin is still the fastest-growing US metro, yet sales volume is at historically low levels. This combination points to a lot of pent-up demand just waiting on the sidelines. So, is this the time to buy or invest before prices potentially jump?
Market Report Video
Watch our video report below for all of the current statistics and our forecast for the Austin Real Estate Market. Or click here to watch it on YouTube.
Current Statistics
In our report, we dive deep into the current housing market statistics.
We break down the numbers to give you a clear picture of what’s happening right now in the Austin area, from sales volume to pricing trends.
Pent Up Demand
With sales volume at historically low levels, all indications point to significant pent-up demand. Many buyers and investors are watching and waiting.
We explore what this means for the market in the coming months and how it could impact your decision-making.
Fastest Growing Metro
Despite shifts in the market, Austin continues to hold its title as the fastest-growing US metro.
This fundamental factor of population growth is a key driver for the long-term health of our real estate market, and we discuss its current impact.
Conclusion
In summary, our latest analysis covers the key indicators you need to know: Austin’s continued growth, the historically low sales volume, and the building pressure of pent-up demand. We look at all these factors to help answer whether the market has truly hit its bottom.
The big question remains: is now the opportune moment to make a move before the market shifts again? We share our complete forecast and data-backed insights to help you make an informed decision.
If you’re considering buying, selling, or investing in the Austin area, reach out to our team today.