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Carl Webb's Blog About Housing Austinites Lobbying for Municipal Form

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[Music] new data released today shows Austin's housing inventory is at the highest level it's been in 13 years real estate experts say it's proof that buyers can be more selective when trying to purchase a home housing inventor is measured in months and it shows how long it would take for the current homes on the market to sell given the current pace of sales the Austin board of realtors May report shows there's nearly 5 months worth of available invent in the Austin Round Rock Georgetown Market it's a huge change from a few years ago when houses were spending just a few days on the market the last time inventory was this high was back in 2011 well meanwhile there are 37% more active listings now than there were a year ago even though this means more options for buyers prices aren't changing too much the median price for a residential home in our area is about $450 $9,000 that's a decrease of less than 1% from May of last year

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