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Austin Housing Market Improves on All Fronts

hamilton-zanze December 20, 2013

Austin home sales increased for the 30th consecutive month in November. The market’s 1,900 home sales last month represented a 14% annual increase and the highest November sales total since 2006.

Driven by population and employment growth, the Austin housing market is improving on all fronts on a year-over-year basis. Housing inventory fell by over 50% to just 2.3 months, and the median single-family home price rose 10% to $219,530.