According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), Austin-area 2013 home sales reached a historic high for December, while housing inventory dropped to an all-time low of two months. The report also included the year-end statistics for 2013, which showed momentum in Austin real estate coursing steadily into the new year. “Population and economic growth in the Austin area show no signs of slowing down this year; neither does Austin’s increasingly competitive housing market,” 2014 President of ABoR Bill Evans said. “In 2014, Austin homebuyers and sellers can expect home prices to continue to rise across all segments of the market. Multiple offers on home listings will be commonplace, and many homes will sell within days of hitting the market.” Read more for full details and figures.
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