Austin Housing Update

Austin Housing Update

The Austin real estate market continues to show balanced conditions as late February approaches. Average home values in Austin remain near $490K, reflecting a stabilized market after recent corrections. Homes are typically spending 70–90 days on market, giving Austin home buyers more inventory and negotiating flexibility. Active listings remain healthy, while Austin home sellers are seeing success with competitive pricing and strong presentation. 💼

💰 Mortgage rates for 30-year fixed loans are holding in the low-6% range, offering consistent financing conditions as buyers prepare for the spring season. While affordability remains a factor, rate stability is supporting steady activity across the Austin housing market.

🎉 Things to Do in Austin
Austin stays lively with winter events and live entertainment across downtown venues. 🎶 The Rodeo Austin BBQ Cook-Off & Festival typically kicks off in late February, bringing food, music, and Texas culture to the Travis County Expo Center. 🤠 Outdoor favorites like Zilker Park and Lady Bird Lake continue drawing locals during mild winter weather, while comedy shows and touring concerts fill the weekend calendar. ✨

With stable pricing, predictable mortgage rates, and a vibrant event lineup, late February presents solid opportunities for buyers and sellers navigating the Austin real estate market.

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