Austin- Round Rock MSA October Housing Report

By |2023-11-18T11:39:09-06:00November 15, 2023|Market Reports|

Please keep in mind this is for the entire *metropolitan statistical area. If you want zip code specific stats, I am happy to get them to you! First up, we have the "Months Supply of Inventory," which currently stands at 3.9. Now, what does this mean? Well, this metric tells us how many months it would take to sell all the homes on the market if no new listings were added. Essentially, it's a measure of supply and demand. A lower number indicates a seller's market, with limited inventory and potentially higher prices. In contrast, a higher number suggests a [...]