The volume of single-family homes sold in March 2022 in the Austin metro area was around 4,100, a growth of 28% over March 2021.

The Median Sale Price of single-family homes in the Austin metro area for the quarter ending March 2022 was $499,990, an increase of a whopping 28.9% over the quarter ending March 2021. This also represents an increase of 9.2% over the previous quarter ending December 2021.

The Median Sale Price per SqFt of single-family homes for the quarter ending March 2022 was around $250, a change of 29% over March 2021.

The inventory of homes for sale at the end of March 2022 was around 9,850, an increase of 6.4% over the previous quarter ending in December 2021. Compared to the same time last year, the inventory at the end of March 2021 was 8,345.

A total of 11,810 properties were listed for sale in the quarter ending March 2022, an increase of 5.6% over the previous quarter. Compared to the same time last year, we had 9,255 new listings in the first quarter of 2021.

Learn more about the metrics in PropMix Market Insights.