May 2023

MARKET UPDATE
Written By Andrea Lewis
Austin real estate market update May 2023 provided by Casa Lewis Realty Group, Homes listed: 2,554 Homes sold: 930 Average Days on Market: 48 Average Price: $843,986 Average cost per square foot: $370

Last month, I said that deals were picking up, and the data is backing that up again this month, y’all!

Closings have jumped significantly (up from 675 last month), the average days on market has dropped yet again, and we’re seeing a slight increase in listings coming to market. Keeping it short and sweet this month—if you want to chat about what it takes to buy or sell in this market, let’s connect soon!

***Market Update stats pulled from ABOR MLS on 6/5/2023 at 11pm CST. Records may vary as new data is added to the system after the fact.

Andrea Lewis
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