Austin Area Market Statistics for May 2018

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AUSTIN, Texas – Decreasing housing inventory paired with strong demand continues to drive Austin’s growing affordability crunch, according to the May 2018 Central Texas Housing Market Report from the Austin Board of REALTORS® (ABoR).

Year-over-year:
The median price for single-family homes UP 5%
Home sales UP 5.9%
Home listings DOWN 6.8%