Have We Hit the Bottom? Where the Austin Housing Market Stands Now

Let's talk about the Austin market and really where we stand right now. The question on everyone's mind is: "Have we hit the bottom?"

To answer that, we need to look at the current inventory.

Understanding the Current Market: It's Equalized

We are currently sitting at 5.7 months of inventory.

What does this mean? If no new homes were put on the market, it would take 5.7 months to sell out every available property.

• Seller's Market: Typically has 1–3 months of inventory.
• Buyer's Market: Typically has 6+ months of inventory.
• Equalized Market: A market balanced between buyers and sellers, often around 4–6 months of inventory.

At 5.7 months, we are not in a seller's market, and we are not in a buyer's market. We are in an equalized market.

The Opportunity to Buy Smart

In an equalized market, homes that are priced right are selling, sometimes even in multiple offers. The key is knowing where to look and who to talk to.

Here’s the critical takeaway: right now is the lowest point of entry into this market since a long time.

Remember the golden rule of real estate investment: you don't make money when you sell, you make money when you buy smart. This current, balanced phase offers a unique window of opportunity to enter the market before inventory levels shift again.

If you are ready to explore your options and want to talk about how you can buy smart in this normalized market, get in touch!