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A brewing slowdown?  Austin home prices slow, while prices continue to rise

Austin's median home price reached another record as housing sales took another dip in April 2022. (Realty Austin/Facebook)

Austin's home sales were on the decline for the second month in a row as the metro's median home price reached an all-time record of $550,000 in April, according to the Austin Board of Realtors' April report.

While home sales were down 6.2% year-over-year, the five-county metro still saw the second-highest number of sales on record.

Austin was its year-over-year median home price raise 19%, while sales were down 6% in April 2022. (Austin Board of Realtors)

Here's a look at the numbers behind the month's housing report:

  • The metro saw 3,280 home sales, 216 short of a record-breaking April 2021
  • The median home price grew 19.6% year-over-year to $550,0000
  • Active listings jumped 52.5%, causing inventory to rise from 0.3 months to 0.8 months
  • The city of Austin has a new all-time median home price record of $640,000
While ABoR president Cord Shiflet said the metro has "far from a healthy number of homes for sale," Austin did see the biggest gain in housing inventory year-over-year since 2017 as the market continues to slowly cool from its pandemic peak.


Lone Star scuffle: Austin FC takes back its 'Pride' in 2-2 comeback draw to rival FC Dallas

Austin FC kept rival FC Dallas to a draw Saturday night as it pulled off a 2-2 comeback. (Austin FC/Twitter)

Despite a 2-0 deficit, there was a pot of gold for Austin FC after all as it celebrated its annual Pride Night with rainbows and a 2-2 comeback draw to FC Dallas Saturday night.

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PHOTOS: Hundreds protest for abortion rights in Austin amid Roe v. Wade ruling

(Bob Daemmrich)

Hours following the U.S. Supreme Court's ruling to overturn Roe v. Wade, the landmark ruling that guaranteed a constitutional right to an abortion, on Friday, about 1,000 people gathered in Republic Square with signs calling for change.

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