Central Austin homes spent more time on market in August compared to last year

By Elle Bent | 5:50 PM Sep 16, 2024 CDT
Updated 5:50 PM Sep 16, 2024 CDT

house — A plurality of homes sold in August within the Central Austin market were worth $1 million or more (Courtesy Austin Board of Realtors)

A plurality of homes sold in August within the Central Austin market were worth $1 million or more (Courtesy Austin Board of Realtors)

In August, homes sat on the market for more days in Central Austin compared to year over year, according to data from the Austin Board of Realtors.

The details

Only two ZIP codes out of 12 in Central Austin saw a decrease in the amount of days spent on the market. ZIP code 78731 saw an increase of about 162%.

Out of 12 ZIP codes, seven saw decreases in the amount of homes sold year over year.

Decreases in home prices year over year have been seen across eight ZIP codes in Central Austin.

A plurality of homes sold in August within the Central Austin market were worth $1 million or more.

By Elle Bent

Editor

Elle joined Community Impact in November 2022 and is the editor of the Central and Southwest Austin editions of Community Impact. She previously covered Austin ISD, the Austin-Bergstrom International Airport and all things Dripping Springs as a reporter. Elle graduated from St. Edward's University with a degree in communication and minors in journalism and Spanish. As a student, she served as editor-in-chief at Hilltop Views. Prior to CI, she interned at Austin Woman. Follow her on X, formerly known as Twitter, @byellebent.

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Central Austin homes spent more time on market in August compared to last year

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Central Austin homes spent more time on market in August compared to last year

By Elle Bent