Statistics
Austin Real Estate Facts, Figures, & Statistics
Real estate is local by nature and the best consumer is an educated one. If you’re a numbers person like I am, you’ll enjoy seeing the facts of the market in number form to pass your own judgement on when it’s a safe time to buy. Of course, Austin historically has a growth rate of at least 4%/year, even in these times. I compile my data from the Texas A&M Real Estate Center, the Austin Board of REALTORS®, the National Association of REALTORS®, and the US Census Bureau.
Dynamic Austin Real Estate Market Health Chart
National vs Austin Home Sales Volume
National, Texas, Austin Median Home Sales Price
National, Texas, and Austin Unemployment Rate Over Time
Interactive Map: What’s your market’s median home sales price?
Median Home Sales Map by Market Area
Interactive Map: What’s the value of homes sold in your state?
State Existing Home Sales Map
Current Statistics
Very useful and nice charts, esp the one on median home price. Thanks. Even nicer would be a plot of median home price by price category (eg $500K homes or something like that) as I suspect that the different categories have been behaving quite differently.
Thank you for the comment. We are working on charts split up into areas and price ranges and will have them soon. Zillow claims to be only within 12% of the actual numbers in Texas. In fact, I have found several errors in their data for my listings since I frequently deal in new homes and newly subdivided land. They pull their statistics from a much smaller pool of data that is syndicated from other sites online and frequently has errors (like tax appraisals) which is especially difficult in Texas since you are not legally required to disclose your sales information in Texas.
My data is compiled from the Austin Board of Realtors, Texas Board of Realtors, National Association of Realtors, The Texas A&M Real Estate Center, as well as local, state, and national builder associations including the National Association of Builders and the Home Builder’s Association of Greater Austin. They have a far greater pool of data. My figures represent homes sold in MLS (Zillow does not have direct access to this data) plus new homes sold by builders and other sources that were not submitted to the MLS system.
There are exciting updates coming to the site as soon as I get a chance to add some features (along with my Software Engineer husband). Now that I have been promoted to Broker from Salesperson with the Texas Real Estate Commission and Realtor associations I have more privileges and freedoms with data. The new charts will appear here at http://austinhome.pro/statistics and my clean data site at http://austinhome.pro/data.
Let me know if you need any specific breakdowns in the mean time and I’m happy to help you!
PS – I know sites like Zillow and Trulia are user-friendly, but understanding where their listings and data come from is important and they do not currently have a full inventory or data feed, particularly in Austin.