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Housing inventory reaches highest level in 13 years
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A house on the corner of 10th Street and Church Street in Georgetown is listed for sale at $1.5 million. Photo by Nalani Nuylan.
In May, the Austin-Round Rock-Georgetown MSA saw a 12.8 percent decline in closed listings, with 4.9 months of available inventory, a level that hasn’t been seen in 13 years according to the latest Central Texas Housing Report released by the Austin Board of Realtors. Meanwhile, active listings ticked up 37.7 percent year-over-year, according to the data. Because of this increase…
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