• Sign Up
  • Log In
Rodney Monk
Rodney Monk
(512) 524-6565rodney@teamprice.com
  • Search
  • Areas
    • Wimberley
    • Dripping Springs
    • Bee Cave
    • Lakeway
    • New Braunfels
    • Austin
    • Kyle
    • Buda
    • Pflugerville
    • Round Rock
    • Leander
    • Cedar Park
    • Seguin
    • San Marcos
  • Properties
    • Featured Properties
    • Search Properties
  • Insight
  • About
    • About Me
    • Meet Rodney
    • About Team Price
    • Testimonials
  • Market Update
  • Blog
  • Contact
  • Rodney Monk(512) 524-6565
    rodney@teamprice.com
    Copy Email
  • Team Price Real Estate
    7320 N Mo-Pac
    Austin, TX 78731
    (512) 213-0213
    dan@teamprice.com

Search

  • Search Properties
  • By City
  • By Subdivision
  • By Zip

Explore

  • Featured Properties
  • Areas
  • Property Search

Company

  • Guarantee
  • Work with Us
  • Interview Questions
  • Join Our Team

Resources

  • Insight and Statistics
  • Tenant Pre-Screening
  • Real Estate Forms
  • Real Estate Glossary

About

  • Home
  • About
  • Agents
  • Testimonials
  • Contact Us
Rodney Monk - Footer Logo
  • Texas Real Estate Commission Information About Brokerage Services
  • Texas Real Estate Commission Consumer Protection Notice
  • Privacy
  • Terms
  • DMCA
  • Accessibility
  • Fair Housing
© 2026 Team Price Real Estate. All rights reserved.
Website built by CloseHack.
Central Texas Multiple Listing Service

Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Rodney Monk may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.

Austin Board of Realtors

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

  • MLSGrid IDX Data Notice
  • DMCA Notice
LERA MLS

Information provided Courtesy of LERA MLS - Local Expertise Regional Access. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2025 LERA MLS, All Rights Reserved.

Austin Real Estate Market Update: August 31, 2023 Insights

Volume 19; Number 35

Austin Real Estate Market Update - August 31, 2023


It's time for our monthly deep dive into the latest happenings in Austin's real estate scene. There's been some interesting shifts since last year, so let's break it down.

​

Inventory and Months of Supply: More options for buyers compared to 2022. Active listings in the Austin MLS are up 1.1x to 12,371 homes. Months of supply has increased by the same amount to 4.0 months. More choice for buyers is always nice to see.

​

Pricing: List prices are up 3.15% year-over-year as sellers try to maximize sale prices. But sold prices tell the real story - the average sale price is down 5.82% to $577,666. Median sold price also down 6.25% to $450,000. Sellers having to get realistic with this cooling market.

​

Central Texas Trends: Taking a wider view across 30 cities, there's been a big shift. 90% of cities are seeing year-over-year price drops. Only 10% with increases. Monthly moves are more split evenly. This points to a gradual cooling across the region.

​

Zip Codes: Zooming into 75 zips codes shows a similar story - 71% with lower prices versus last year. But 41% increased month-over-month, indicating the declines are slowing.

​

Sales vs List Prices: Most homes are going for under list price, around 65% this month versus 62% last month. Sellers are having to price competitively for the slower market. But roughly 1 in 7 homes still sell over list, showing high demand pockets persist.


The Austin market remains active but is clearly cooling from last year's feverish pace. For buyers or sellers, it pays to stay on top of the latest trends so you can make informed decisions. Review the detailed report below and let us know if you have any questions. 

Your image description

Austin Area Residential Sales Insights

Latest Articles


No articles found.