Real Estate

Located on Austin Avenue near Old Town Park, this three-bedroom, three-bathroom historic home is 2,711 square feet and is listed at $895,000. Photo by Nalani Nuylan.

Located on Austin Avenue near Old Town Park, this three-bedroom, three-bathroom historic home is 2,711 square feet and is listed at $895,000. Photo by Nalani Nuylan.

Williamson County housing market indicates buyer momentum

The Central Texas real estate market is showing signs of steady prices, ample inventory and renewed buyer momentum, according to a new report from the Austin Board of Realtors.

Real Estate sales on the rise

Updated data from the Austin Board of Realtors show that the market is finding stability across the Austin-Round Rock-San Marcos Metropolitan Statistical Area. The latest Central Texas Housing Report from Unlock MLS shows pending sales in August rose for the fourth consecutive month — up 8.
A house on the corner of 10th Street and Church Street in Georgetown is listed for sale at $1.5 million. Photo by Nalani Nuylan.

A house on the corner of 10th Street and Church Street in Georgetown is listed for sale at $1.5 million. Photo by Nalani Nuylan.

Real estate market report:

In May, the Austin-Round Rock-Georgetown MSA saw a 12.8 percent decline in closed listings, with 4.9 months of available inventory, a level that hasn’t been seen in 13 years according to the latest Central Texas Housing Report released by the Austin Board of Realtors.
A breakdown of the total market value of properties in Georgetown shows that the city is prominently a residential community. However, the value of Georgetown’s commercial market saw the biggest increase from 2023 to 2024, with an increase of $600 million in value. The multi-family housing market saw an increase of only $200 million because, according to WCAD, there were no new multi-family units on the market in Georgetown from 2023 and 2024.

A breakdown of the total market value of properties in Georgetown shows that the city is prominently a residential community. However, the value of Georgetown’s commercial market saw the biggest increase from 2023 to 2024, with an increase of $600 million in value. The multi-family housing market saw an increase of only $200 million because, according to WCAD, there were no new multi-family units on the market in Georgetown from 2023 and 2024.

Georgetown sees taxable value boost

In the last five years, the total market value of properties in Georgetown has gone up $11.72 billion, and the value of commercial properties has nearly tripled, from a value of $1.39 billion in 2019 to $3.3 billion in 2024.
A house in Cold Springs in Leander goes up for sale. Photo by Nalani Nuylan.

A house in Cold Springs in Leander goes up for sale. Photo by Nalani Nuylan.

Williamson County real estate market report

In the latest report from the Austin Board of Realtors, new home listings across the Austin-Round Rock-Georgetown metropolitan area jumped to 4,714 new listings, 10.2 percent more than in March 2023.
A newly built home on the market in Austin. Photo by Nalani Nuylan.

A newly built home on the market in Austin. Photo by Nalani Nuylan.

Early 2024 Williamson County housing market sees gains compared to 2023

The Austin Board of Realtors released its first housing market analysis of 2024, representing market activity for the month of January.   According to the data, residential homes sold in Williamson County increased by 4.3 percent, with 1,667 closed sales. Pending sales rose 3.