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The Austin real estate market saw massive gains in 2020 through 2022. And as of Nov. 30, 2024, home prices were still inching up, despite a 3.8% one-year decline in value, per the Zillow Home ...
In Miami, 63.8% of listings in November sat on the market for 60 days or longer, marking the highest share among top metros, followed by Austin, Texas and Fort Lauderdale, Florida.
As of December 2024, the median sales price for the Austin metro as a whole was $450,000, up 1.4% year-over-year. The median sales price is highest in the city of Austin itself, at $575,000, and ...
Based on November 2024 data from Redfin, housing prices had increased 2.3% in Texas year over year, with a median price of $343,800. With the number of homes sold up 7.1% year over year, the median...
Redfin was founded in 2004 by David Eraker, Michael Dougherty, and David Selinger. Eraker had dropped out of medical school at the University of Washington for a career in software design and Dougherty received degrees in electrical engineering and international studies from Yale University.
In places like Austin, Fort Lauderdale and San Antonio, more than 60% of homes are sitting on the market for two months or longer. Add it all up, and you have slower markets where prices have dropped.
This scenario may already be playing out: The median home sale price in Austin was down 6.2 percent year-over-year, according to June 2024 Redfin data, and homes there were taking a long 50 days ...
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