Majority of homes sold between $250,000-$500,000 in November, indicating accessibility in housing market
AUSTIN, TX — According to the Austin Board of REALTORS® (ABoR) November Central Texas Housing Report, closed listings dipped 4.9% to 3,215 across the Austin-Round Rock MSA in November. This occurred even as the housing market remains on track for a record-breaking year, with closed listings are outpacing 2020 by 3.1% last month.
In November, 53% of the 3,215 closed listings —1,694 homes —sold between $250,000 and $500,000, today’s typical price range for first-time and first-time move-up homebuyers. This data indicates that despite a fastpaced market and record-low inventory, opportunity still exists to find the right home.
“We have all seen…