The Austin real estate market continues its steady, balanced pace as February begins. Average home values across Austin are holding near $490K, reflecting a market that has normalized after the rapid growth of recent years. Homes are spending roughly 70–90 days on the market, giving Austin home buyers more options and renewed negotiating power. Inventory remains healthy, while Austin home sellers are seeing the best results from realistic pricing, strong staging, and flexibility. 💼
💰 Mortgage rates remain relatively stable, with 30-year fixed loans averaging in the low-6% range. While rates are still higher than historic lows, their consistency is helping buyers plan with confidence and supporting steady transaction activity across the Austin housing market.
🎉 Things to Do in Austin: Feb 5–8
Austin stays lively during the winter season with live music across downtown and East Austin venues, comedy shows, and touring performances throughout the weekend. 🎶 Early Lunar New Year celebrations continue around the city with cultural events, pop-ups, and dining specials. 🎊 Cooler temperatures also make this an ideal weekend for enjoying Austin’s parks, trails, food trucks, and outdoor patios.
With stable pricing, predictable mortgage rates, and a strong winter events calendar, early February presents solid opportunities for buyers and sellers navigating the Austin real estate market.
