Hey there, it's Gene Arant with Keller Williams Realty, sharing a quick update on the Austin real estate market.

Sales have increased by 9% compared to the same period last year, with more homes being sold. Prices have remained stable, with the average sale price holding steady at $485,000.

However, trends can vary by zip code. Some areas have experienced price increases, while others have seen decreases. This variation largely depends on local inventory.

Speaking of inventory, we've seen a 20% increase in the number of homes on the market compared to last year. Despite this, homes are still selling, and some properties are receiving multiple offers. Homes that sell for higher prices typically have sellers who have invested in updates and improvements.

Curious about how your home fits into the current market? Reach out to us at AustinTexasRealEstate.com or give us a call at 512-261-1000. We’d love to discuss your specific situation and how we can help you achieve your real estate goals.

Talk to you soon!

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