PrismRP | Real Estate Brokerage

March 2019 Austin Real Estate Market Update

If you are curious about the real estate market in the greater Austin area, we have what you need!

Austin’s economy is continuing to thrive and remains one of the best places to work and live in the U.S. The median sales price for homes in the Austin-Round Rock area has remained relatively level year-over-year only increasing by .8%. The listing inventory has only increased by 8.4%. These numbers combined with the influx of new residents means Austin’s greater metro area is still in an inventory crisis. The 3,890 new homes to enter the real estate market last month won’t last long with an average number of days on the market at 64. The number of homes sold in March 2019 was 2,740 compared to 2018’s 2,689, a 1.9% increase.


Are you curious about what your home is worth in today’s real estate market or thinking of buying or selling? We would love to help! Prism Realty was founded with the goal of providing our clients with industry experience, proven results, and the world-class service they deserve. We are a full-service consumer-centric real estate firm and our team has a comprehensive understanding of our unique home selling process and all the factors that can impact the final selling price of a home. That, coupled with our team’s experience, professionalism, negotiating expertise and extensive local network of industry related service provider, makes Prism Realty the smart choice.

Contact Prism Realty and let us know how we can help!