Is the Austin housing market starting to stabilize? The June 2022 numbers are in for the Austin market, covering Travis, Williamson and Hays counties.
Austin’s housing market has more inventory than it has had since November 2019 — a welcome sign in a city struggling to keep up with demand. The Austin area’s housing inventory reached 2.1 months in June, according to the Austin Board of Realtors’ June 2022 Central Texas Housing Market Report. The inventory is the result of an increase in active listings combined with dipping home sales.
In all of the local markets, inventory is up, and days on market is also starting to tick up.