July 2020 Market Data for Austin Texas

How's your 2020 going?


So far 2020 has been quite a roller coaster.  It's been true in the real estate market too.  Home sales roared back in July with 4,156 sales this year versus 3,600 in 2019.  That's a 15.4% increase!!  We continue to see low inventory levels and in fact, for the areas we cover on our chart, sales were on up very slightly from last year.  And, a couple of zip codes were even down compared to last year.

This is due, of course, to there not being enough homes for sale in the market to meet buyer demand. Low inventory will keep the sales number low because of course, there's nothing to sell.  If you've thought about selling your home, this might be the time to tryly consider doing so.  

If you'd like to know how your area is performing, just let me know.  I can be reached by either email or phone, whichever is more convenient for you. 

Have a safe and happy month!

David Hood


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