June 2024 Market Snapshot

City of Austin: June 2024

• 868 – Residential homes sold, 21.0% less than June 2023.
• $600,000 – Median price for residential homes, 1.6% less than June 2023.
• 1,661 – New home listings on the market, 10.0% less than June 2023.
• 5,632 – Active home listings on the market, 43.4% more than June 2023.
• 910 – Pending sales, 12.2% less than June 2023.
• 5.8 – Months of inventory, 1.9 months more than June 2023.
• $665,437,038 – Total dollar volume of homes sold, 23.6% less than June 2023.
• 95.2% – Average close to list price, compared to 95.48% in June 2023.

Austin-Round Rock-San Marcos MSA: June 2024

• 2,732 – Residential homes sold, 13.4% less than June 2023.
• $450,000 – Median price for residential homes, 6.3% less than June 2023.
• 4,364 – New home listings on the market, 3.9% less than June 2023.
• 13,227 – Active home listings on the market, 25.9% more than June 2023.
• 2,802 – Pending sales, 2.4% less than June 2023.
• 5.0 – Months of inventory, 1.3 months more than June 2023.
• $1,581,439,443 – Total dollar volume of homes sold, 18.0% less than June 2023.
• 96.40% – Average close to list price, compared to 94.7% in June 2023.