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Austin-area home sales dip, community leaders tackle affordability issues
Austin Board of REALTORS® releases real estate statistics for January 2016
AUSTIN, Texas – February 22, 2016 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, Austin-area single-family home sales dropped slightly in January 2016 compared to the same month the year prior. Home sales decreased by 1.9 percent year-over-year to 1,459 home sales and median price increased 6.3 percent year-over-year, reaching $254,999 in January 2016.
Aaron Farmer, 2016 President of the Austin Board of REALTORS®, explained, “If we’re going to successfully address our…