Trends for March 2020.
Market Action Index
The Market Action Index value for homes in Austin was 53 in Mar 2020. When the MAI is under 30, the market is a buyer’s market, when the value is over 30 it represents a sellers market.
Median List Price
The median list price for homes in Austin was $584.69K in Mar 2020.
Median Price Per Sqft
The median list price per sqft for homes in Austin was $246.27 in Mar 2020.
Total Active Listings
The total active number of homes in Austin was 1,202 in Mar 2020.
These numbers are over all higher in comparison from last month with the exception of the total active listings.. with a total of 81 less homes being put on the local market.
Social Distancing is the new norm, however how do Real Estate agents make ends meet when...