Austin home sales drop as affordability concerns grow
Austin home sales have taken another dive. The latest report from the Austin Board of Realtors (ABoR) shows that, after rebounding slightly in August, single-family home sales in Austin proper dropped 4.5 percent year-over-year in September 2016. At the same time, the median home price increased 10.6 percent to $345,000.
On pace to record, sales start cooling Austin-area housing market going ‘from white-hot to red-hot.’
