Austin-Round Rock MSA midyear performance
In the first half of 2021, homes sales in the Austin-Round Rock MSA increased 16.5% year over year to 19,991 home sales. Sales dollar volume climbed 59.6% to $11,093,848,341, while the median price increased 35.4% to $440,000. So far this year, new listings are up 5% to 23,897 new listings; active listings fell 70.7% to 1,622 listings; and pending sales increased 11.2% to 22,295 pending sales. Homes spent an average of 22 days on market from January-June 2021, 31 fewer days than the same time period in 2020.
City of Austin
In the City of Austin, home sales in the first half of the year increased 21.6% year over year to 6,467 sales, while the median price increased 30.9% to $530,000. At the same time, sales dollar volume skyrocketed 62.1% to $4,264,121,892. New listings increased 4.8% to 7,851 listings; active listings declined 56.5% to 603 listings; and pending sales increased 18.1% to 7,235 pending sales.
This June, there were 1,374 home sales, up 16.9% year over year, setting a record for any June on record. At the same time, sales dollar volume increased 63.8% to $969,626,439, while the median price jumped 42% to $575,000––an all-time record for the city of Austin. During the same period, new listings increased 15.2% to 1,672 listings; active listings tumbled 46.8% to 801 listings; and pending sales decreased 2.6% to 1,385 sales. Housing inventory decreased 0.8 months to 0.7 months of inventory.
Travis County
From January through June in Travis County, home sales increased 19.1% year over year to 10,072 sales. During the same period, sales dollar volume climbed 63.1% to $6,671,909,136, as the median price rose 32.5% to $510,186. New listings saw an uptick of 1.7% to 11,931 listings, while active listings dropped 64.2% to 910 listings. Pending sales increased 11.1% to 10,904 pending sales.
In June 2021, home sales increased 8.5% year over year to 2,123 sales, while sales dollar volume climbed 54.7% to $1,516,750,182. During the same period, the median price increased 42.7% to $560,000. New listings increased 20% to 2,600 listings; active listings fell by half, 50%, to 1,290; while pending sales slightly decreased 4.6% to 2,106 pending sales. Housing inventory fell 1.0 months to 0.7 months of inventory.
Williamson County
In Williamson County, home sales in the first half of 2021 increased 11.4% year over year to 6,554 home sales. During the same period, sales dollar volume increased by 54.7% to $2,965,504,661, and the median price increased 42.1% to $414,936. New listings decreased 8.5% to 7,967 listings; active listings dropped 77.9% to 394 listings, while pending sales increased 8.2% to 7,441 pending sales.
In June 2021, home sales increased 11.4% year over year to 1,539 sales. During the same period, sales dollar volume jumped 62.8% to $764,342,867, and the median price climbed 47.5% to $450,000. New listings increased 25.5% to 1,759, while active listings tumbled 61.6% to 605 listings. Pending sales increased 3% to 1,576 pending sales. Housing inventory fell by one month to 0.5 months of inventory.