Ranks Austin Real Estate Market in the Top 10 Sustained by Robust Job Growth

Real estate in Austin hasn’t seen a strong Spring Season like this one since 2006. From the economic indicators empowering the market, this show of strength is enduring where other markets appear to be giving out. Austin real estate has been ranked by, the official consumer website of the National Association of Realtors, in the top 10 real estate markets powered by serious job growth.

A report on the real estate heavyweight markets on the site read, “Austin has been no stranger to top market lists throughout the past decade, as Texas has been one of the few reliable states for economic growth. Austin’s biggest employment sector is government, but professional and business services has been powering the more recent growth. Austin also has the highest household formation rate as a result of the employment growth.”

Here’s a breakdown of Austin’s awesome statistics:

Austin–Round Rock, TX

Employment growth, 2011–2014: 3.7%

Median home price growth, 2011–2014: 8.5%

Median list price in May: $374,000

Median list price growth, May 2015 vs. May 2014: 20.7%

Market size rank: 34


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