Austin-area home sales maintain last year’s pace, listings increase
for first time in three years
According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, Austin-area home sales continued last year’s competitive pace in May 2014 while prices increased. Also, for the first time in more than three years, the number of active listings on the market grew compared to the prior year.
Bill Evans, 2014 President of the Austin Board of REALTORS¬®, explained, “The Austin market has been in need of housing stock for some time now, so it’s encouraging to see an increase in listings over last year. With sales volumes remaining strong, the market is still competitive, but the options for buyers are beginning to