Market Reports - August

Dated: September 17 2021

Views: 5

The Market Reports are out for the month of August and the biggest takeaway is that inventory is continuing to increase. Up from a July low of about 45 days, we are now looking at over two months in our two largest markets in the Highland Lakes region. Despite this continue rise in inventory, it is still a solid seller's market. To understand inventory, here are the general stability markers:

- 0-3 months - seller's market

- 4-6 months - stable market

- 6+ months - buyer's market

We do expect this trend to continue as we head into the fall. We also expect interest rates to stay low, though maybe not as low as they have been. It is a good time for buyers with an outlook for continued improvement over the winter. For sellers, the number of active listings remain below those of a year ago. With rates and inventory low, it is still a great market for sellers as well. 

Blog author image

Tony Houle

Hi there! Thanks so much for stopping by. I look forward to working with you. Although I am not a native to Texas, I have now been here for over 20 years. I was introduced to Horseshoe Bay in 2000 and....

Latest Blog Posts

Market Reports - August

The Market Reports are out for the month of August and the biggest takeaway is that inventory is continuing to increase. Up from a July low of about 45 days, we are now looking at over two months in

Read More

How Far Over List Price - September

As I have mentioned recently in this blog, there are indications that the market is continuing to soften. One of the metrics I've used to help make this determination is to calculate the difference

Read More

Fall in the Hill Country

As we reach the end of August and can begin to envision the cooler days and nights in the near future, I highly recommend planning a Fall trip to the Hill Country. Each town seems to have its own

Read More

The Market Softens...

I have been writing for a couple of weeks now that there is evidence of the market softening just a bit. I continue to hear the same from local agents and agents in other parts of the state as well.

Read More