June 2024 Market Update – An Ever-Changing Real Estate Market

The real estate market is ever-changing, and June delivered a 25.7% year-over-year increase in active listings (13,227 properties, to be exact) and the highest level of inventory (5.0 months) since 2011 in the Austin-Round Rock-Georgetown MSA. These factors, coupled with rising mortgage rates, moved the median sales price lower by 6.3% to $450,000. This is … Continue reading June 2024 Market Update – An Ever-Changing Real Estate Market