March 2016 Market Report

The Austin Board of Realtors has more great news for Austinites.

ABoR’s market report for March 2016 shows that the median price for single-family homes is $278,000, which is up 8% from 2015.

The average price for single-family homes has also gone up, rising to $347,734, 4.5% higher than last year.

In addition, March saw a record 2,552 single family homes sold, a whopping 9% more than sold in March 2016.

The infographic below (courtesy of ABoR), gives a colorful illustration of the report’s full statistic.