Property prices for sale in Austin (Texas)

The prices in real estate in Austin, in the Texas region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Austin has increased strongly during the last 6 months. In February, the average price per sq.feet was $297. In March this price pretty much remained the same at a value of $311 per sq.feet. The price for the following two months in (April, May) had a considerable increment of 123 %. The price per sq.feet has had a considerable increase of 120 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $339.5 to $409 during June, and July.

Average price

Based upon to the price in Austin (cities), this has gone up considerably in the last 6 months. The average price for February is $678,318. During March the price had a slight fall till $597,481. During the following two months (April, May) the average price had a considerable increase of 176 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $927,516 they are 65 % more affordable than the average price for Austin. The properties with the lowest average price have 4 bedrooms, Their price is 30 % cheaper than the average. After that we have properties with 3 bedrooms priced at $441,998.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $217 / sq.feet, with an average $399 / sq.feet price in Austin. The properties with the highest average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at $350 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $927,516 it is 47 % cheaper than the average price in Austin. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $698,181 it is 8 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $250 / sq.feet followed by "Commercial" priced at $252 / sq.feet. "Condo" is the most costly type of property with a $4,069 / sq.feet cost followed by "House" with an average price of $567 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Austin
Number of properties used in region Texas
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value