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The housing market in Austin, TX is somewhat competitive. The median sale price of a home in Austin, TX was $548K last month, a decrease of 0.32% since last year. The median sale price per square foot in Austin, TX is $311, a decrease of 0.96% since last year. In August 2024:
Median Sale Price
# of Homes Sold
Median Days on Market
Certain properties receive several offers. On average, homes sell for approximately 3% under their listing price and typically go under contract in about 67 days. In-demand homes can sell for around the list price and may go pending in roughly 35 days.
Nationwide, 1% of homebuyers looked to relocate to Austin from other metropolitan areas. Dallas homebuyers showed the most interest in moving to Austin, followed by those from San Francisco and Los Angeles.
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Explore the most frequently asked questions about Austin, TX real estate to gain valuable insights and answers for prospective buyers and sellers.
The cost of living in Austin is generally higher than the national average, primarily due to rising housing prices, but it offers a range of options to fit different budgets.
Popular neighborhoods include South Congress (SoCo), Zilker, and East Austin, each offering unique amenities, vibrant communities, and diverse housing options.
Yes, Austin is considered family-friendly, with excellent schools, numerous parks, and a variety of recreational activities suitable for children and families.
Austin has a humid subtropical climate, characterized by hot summers and mild winters, with an average annual temperature of around 70°F.
Austin boasts a strong job market, particularly in technology, healthcare, and education, attracting many professionals and contributing to its rapid growth.
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Rica works tirelessly for her clients and always strives for excellence. Rica's clients often compliment her grit, her knowledge, and her negotiating skills, resulting in a 90% repeat and referral business. She welcomes challenges and is always up for the most complex transactions.
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