December 2024 Market Snapshot
City of Austin: December 2024
- 775 – Residential homes sold, 12.6% more than December 2023.
- $575,000 – Median price for residential homes, 6.5% more than December 2023.
- 575 – New home listings on the market, 4.5% less than December 2023.
- 2,792 – Active home listings on the market, 30.5% more than December 2023.
- 610 – Pending sales, 2.2% less than December 2023.
- 3.7 – Months of inventory, 0.7 months more than December 2023.
- $596 Million – Total dollar volume of homes sold, 21.1% more than December 2023.
- 92.3% – Average close to list price, compared to 91.3% in December 2023.
Austin-Round Rock-San Marcos MSA: December 2024
- 2,303 – Residential homes sold, 2.5% more than December 2023.
- $450,000 – Median price for residential homes, 1.4% more than December 2023.
- 2,070 – New home listings on the market, 9.5% more than December 2023.
- 8,494 – Active home listings on the market, 10.1% more than December 2023.
- 2,011 – Pending sales, 3.1% more than December 2023.
- 3.8 – Months of inventory, 0.8 months more than December 2023.
- $1.33 Billion – Total dollar volume of homes sold, 7.0% more than December 2023.
- 92.2% – Average close to list price, compared to 91.6% in December 2023.