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The Austin-Round Rock MSA real estate market draws businesses and investors alike to the region. With multiple downtown developments, transportation enhancements and strong job growth, the market continues to show strong growth. The median home price in Austin is more than 20 percent below the national average.

Median Sales Price, Existing Single-Family Homes
  2004 2005 2006 Annual percent change
2004-2005 2005-2006
Austin MSA $154,700 $163,800 $173,700 5.9% 6.0%
United States 195,200 219,000 222,000 12.2% 1.4%
Source: National Association of Realtors.
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Median Sales Price, Single Family Homes 2006
Source: Austin Board of Realtors
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Median New Home Prices, 1st Quarter 2007
Source: Residential Strategies
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Average Home Price, Middle Management Housing, 2006
Note: The subject home type is a single-family dwelling model with approximately 2,200 sq.ft., 4 bedrooms, 2 1/2 baths, family room (or equivalent) and 2-car garage. Surveyed homes and neighborhoods are typical for corporate middle-management transferees. Where Coldwell Banker reports multiple submarkets for a metro, the price indicated is an unweighted average of the reported submarkets.

Source: Coldwell Banker.
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