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Austin housing market to see most dramatic shift in 2023

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By July 2023, the Austin metro area is projected to witness a swing from a sellers’ market to a more balanced market. The Austin area is projected to have the lowest sale-to-list-price ratio in July 2023. Median sale price of a home in the Austin area ↑ 71% during the height of the pandemic, compared with ↑ 39.9% nationwide. The median home price in the Austin area will reach $594,893 in July 2023.

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