Active listings last month were up 38% from may 2023 but closed sales were down 13%, according to abor. As of 2:10pm on june 11th, 2024, there are 16,953 active residential listings on the market.
This indicates a rise in overall market activity in the austin metro area. Small banks have issued over $2.0 trillion in loans, up from $1.9 trillion in april 2023.
May 2024 Market Report Home Values.
The median price for residential homes in the austin metro area was $564,995 in march 2024, which is a 2.7% increase from march 2023.
The Austin Housing Market In 2024 Presents A Nuanced Landscape.
The noteworthy trend of a decrease in average home values reflects a shift from the prior year’s dynamics.
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The Real Estate Landscape Witnessed A Paradigm Shift In 2023.
The typical monthly mortgage payment, assuming 20% down, is $1,931.
Small Banks Have Issued Over $2.0 Trillion In Loans, Up From $1.9 Trillion In April 2023.
Even though interest rates are higher, commercial real estate debt has increased in 2024.
