AUSTIN, Texas – Dec. 15, 2016 – Single-family home sales experienced double-digit growth across the Austin-Round Rock Metropolitan Statistical Area (MSA) in November, according to the November 2016 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.
Aaron Farmer, 2016 President of the Austin Board of REALTORS® said, “This end-of-year surge in home sales is an unusual and welcome surprise to what’s typically the lowest months for Central Texas home sales volume during the year. Home sales throughout 2016 continue to be fueled by our region’s steady population growth. At the current pace, 2016 will likely turn out to be another record year for Central Texas home sales.”
Single-family home sales in the Austin-Round Rock MSA jumped 15.8 percent year-over-year to 2,055 home sales in November 2016, while home sales in the city of Austin jumped 13.7 percent annually to 656 home sales. This