Austin real estate market leads in the number of new homes for sale

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When people buy a new home in the Austin area, there is a good chance they will move into a new home.

IN new report from Homes.comAustin ranks 4th in the United States for the number of new homes offered for sale, with 34.6% of proposals built in 2000 or later.

Ahead of Austin, the best spots to sell newest homes are:

  1. New Orleans, 40.8 percent
  2. Raleigh, North Carolina, 38.4 percent
  3. Nashville, Tennessee, 35.4 percent

Elsewhere in Texas, Houston ranks 8th (29.3%) and Dallas 17th (23.5%).

Unsurprisingly, these Texas markets are so high on the rookie ladder. According to the National Association of Home Builders, the Austin area ranked 5th in the number of permits issued last year to build new homes (21,653). Houston had more than anywhere else in the US (48,208), while Dallas-Fort Worth came in second (43,884).

The list of homes for sale in the Austin area is small, whether new or old, and the Austin Board of Realtors reported that homes were selling at very low prices in April. only seven days

All over Texas, real estate markets are hot. Texas A&M University Real Estate Research Center He speaks Sales of single-family homes in Houston are up 24.6% in the first four months of this year compared to the first four months of last year. In Austin, the figure was 9.3 percent, compared with 4.8 percent in Dallas and Fort Worth and 15.4 percent in San Antonio.



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