Northwest Austin’s real estate market hit a new milestone in March, as the median price for all residential properties in the area reached $400,000 for the first time.
In Northwest Austin the median home price for March closed at $412,000, which represents a year-over-year increase of 12.9%, according to data from the Austin Board of Realtors.
That is also an increase of more than $60,000 from February, when the median home price sat at $347,500.
It appears that the early stages of the coronavirus pandemic’s impact did not greatly influence the Northwest Austin real estate market, data shows.
