Diving in
In October, 809 homes were actively listed, compared to 566 the year before. That represents a 16% decrease.
More details
Across Community Impact's Pflugerville and Hutto coverage area, the median sale price dropped from $390,000 to $370,000, according to the data, and fewer homes sold: 153, down from 180. The inventory—measured by the number of months the current available housing stock could withstand the demand—in Pflugerville and Hutto increased from three months to five. Six months of inventory indicates properties may slowly become more valuable over time, while less than six months may mean home prices are rising more rapidly, according to the National Association of Realtors.
Diving in
In Hutto, prices rose slightly.
Conversely, the number of homes sold in Hutto dropped, while it increased in Pflugerville, according to the data.
