In this article:
Welcome to the May 2021 real estate market report for the Austin area.
It doesn't get hotter than Austin right now, and we're not talking about the weather. Median home sale prices have climbed to $416,000, an incredible 42% increase from May 2020. There is very little available inventory in the city right now, with just 0.6 months of supply and a homes staying a ridiculously low average of 18 days on the market.
You can review the full numbers in the infographic below:
Check back next month to see how Austin's housing market performed in June.
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