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Here are the September/2019 MLS single-family statistics for Austin, TX:
Normally, our Austin real estate market starts at the low point in sales in January increasing sales each month until it peaks around July or August and then goes back down with a slight bump up in December. The highs in the summer months and December are due mostly to people wanting to move/relocate in time to get their kids acclimated to a new school district. Last month, however, was our strongest month of the year represented by all-greens in all categories...only our 2nd month in 2019 to do so (August was the other month, but had slightly lower numbers). I had to go back to one of our strongest years coming out of the Great Recession, 2013, to find another September with all-green categories! This is a testament to just how strong and resilient our Austin real estate market is and has been since we began our current seller’s market (ie-less than 6 month’s of inventory) in March of 2011 (8.5 years ago).
And, to see just how good this year has been (thru the 3rd quarter), look at the previous 5 year’s averages below compared to 2019. Only 2016 was a better year. We have some variances from month to month and year to year, but overall Austin real estate is consistently very hot!