Is Central East Austin / East Side, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Central East Austin / East Side was a Seller's Market.
Key Takeaway
Central East Austin / East Side is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Central East Austin / East Side, TX
How much do homes in Central East Austin / East Side, TX cost?
Median Sold Price
$652,600
$528/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Central East Austin / East Side have sold for 6.8% less than they did a year ago.
Summary: The median home sold price in Central East Austin / East Side was $652,600 in April 2024, down 6.8% from last year, and the median price per square foot was $528.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $444K | $427.5K | -3.7% |
| 2 Bedrooms | $660K | $645K | -2.3% |
| 3 Bedrooms | $809.5K | $695.5K | -14.1% |
| 4 Bedrooms | $1.1M | $1.0M | -16.3% |
| 5+ Bedrooms | - | $1.1M | N/A |
Summary: Central East Austin / East Side housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes did not change.
Housing Supply in Central East Austin / East Side, TX
How many homes are available in Central East Austin / East Side, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 51 | +24.4% |
Summary: The Central East Austin / East Side real estate market had 51 homes for sale in April 2024, a 24.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 13 | +44.4% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Central East Austin / East Side housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 44.4%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central East Austin / East Side, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Central East Austin / East Side in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Central East Austin / East Side, TX
How long does it take to sell a home in Central East Austin / East Side, TX?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 23 Days | 47 Days | +99.7% |
Summary: Homes in Central East Austin / East Side had an average of 47 days on market in Apr 2024, up by 99.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Central East Austin / East Side are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Central East Austin / East Side; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.