Monthly Market Updates with Ricky: February 2018
Posted by Grace Theriot on Tuesday, March 27, 2018 at 4:25 PM By Grace Theriot / March 27, 2018 Comment
As first quarter comes to a close we are still seeing single-family home sales increase in the Austin-Round Rock Metropolitan. All signs are pointing towards another record year for home sales! Housing inventory levels are staying strong around 2.8 months, indicating it is still a HOT SELLERS MARKET. Remember, when housing inventory increases above 6 months this is the market naturally moving into what we consider to be a "balanced" market, which is vital for the long-term sustainability of our local economy.
Housing prices still on the incline with the median of single-family houses up 9.1% in the city of Austin! Whether you are a buyer considering to make a move or a seller who is looking to preserve your equity, now is the time to explore your options in today's market! Call us today for a real-time assessment on the value of your home or for a FREE first time home buyer book!
Join Ricky as he takes us step-by-step through the February 2018 Market Stats for the Austin - Round Rock Area.