May CPI Data Report
According to the U.S. Department of Labor, May CPI increased by 3.3% year-over-year, below expectations!
Excluding food and energy, the core inflation rate rose 0.2% month-over-month and 3.4% year-over-year, both below expectations!
Austin May Housing Data Report
According to the Austin Board of REALTORS® market report, the metropolitan area now includes data from Austin, Round Rock, and Georgetown, and compares average closing prices with listing prices. Austin is at its seasonal peak, with more clients seeking home-selling services. Contact our assistant if you need selling services!
Austin’s Peak Selling Season is Here! Sell with Real International for Fast and Optimal Prices!
- Greater Austin Area:
- Median price: $459,450 (virtually unchanged YoY)
- Closed sales: 2968 homes
- New listings: 5243 (up 37.7% YoY)
- Active listings: 10,808
- Pending sales: 2966
- Average days on the market: 57
- Months of inventory: 4.9
- Average closing price: 95.5% of listing price
- City of Austin:
- Median price: $608,438 (up 11.6% YoY)
- New listings: 2021
- Active listings: 4740
- Pending sales: 973 (up 6.3% YoY)
- Average days on the market: 48
- Months of inventory: 6.2
- Travis County:
- Median price: $555,000 (up 4.7% YoY)
- Closed sales: 1308
- New listings: 2611
- Pending sales: 1310
- Months of inventory: 5.6
- Average days on the market: 54
- Williamson County:
- Median price: $435,000 (virtually unchanged YoY)
- Closed sales: 1000
- New listings: 1622
- Active listings: 3375
- Pending sales: 1007
- Months of inventory: 3.9
- Average days on the market: 55
- Hays County:
- Median price: $389,850
- Closed sales: 466
- New listings: 733
- Active listings: 1800
- Pending sales: 464
- Average days on the market: 69
- Caldwell County:
- Median price: $281,990 (down 4.9% YoY)
- Closed sales: 56
- New listings: 61
- Active listings: 128
- Pending sales: 69
- Bastrop County:
- Median price: $349,995
- Closed sales: 138
- New listings: 216
- Active listings: 633
- Pending sales: 116
