<\/p>\n
A drone photo shows the Ava\u00f1a subdivision in the Circle C neighborhood in Austin. July housing data showed rising sales across the metro area as housing inventory declined from a year earlier.<\/p>\n
Rising sales and tightening supply across the region defined the Austin-area housing market in July, according to new data from Unlock MLS. Those trends continued from June\u2019s numbers, when the metro area and the city saw inventory decline amid cooling prices<\/a>.\u00a0<\/p>\n Across the Austin-Round Rock-San Marcos metro area, 2,739 homes sold in July, up 4.4% from a year earlier, while the median price rose 1% to $435,000. Active listings fell 9.9% to 13,796 and new listings declined 2.8% to 4,280. The metro area had 4.7 months of inventory, down from 5.8 months in July 2025.<\/p>\n Article continues below this ad<\/p>\n \u201cA healthy housing market depends on creating opportunities for Central Texans to both buy a home and remain in the communities they call home,\u201d said John Crowe, 2026 Unlock MLS and Austin Board of Realtors president. \u201cAs local communities finalize their budgets, tax rates and fees for next year, we encourage elected officials to weigh the cumulative impact taxes, fees, bonds and utility rates have on households.\u201d<\/p>\n A\u00a0recent Unlock MLS report<\/a> found that rising insurance costs, property taxes, utility bills and mortgage payments are putting increasing pressure on homeowners. Every $100 increase in monthly homeownership costs pushes about 9,800 Central Texas households across the federal cost-burden threshold, meaning they spend more than 30% of their household income on housing.<\/p>\n The city of Austin is currently developing its new budget \u2014 the first draft of which could increase combined utility costs and property taxes by nearly $346 annually<\/a> for the average homeowner. Meanwhile, the nationwide average rate on a 30-year fixed mortgage rose to 6.69% in early August, its highest level in just over a year, according to Freddie Mac.\u00a0<\/p>\n<\/p>\n