Are bidding wars over? Here's how many Austin homebuyers are paying above asking price
Austin made the Bottom 10% for homes selling above asking.
Boise, Idaho, 14.88%
Tampa, Fla., 14.86%
Jacksonville, Fla., 13.23%
Austin, Texas, 13.03%
Cincinnati, 12.60%
Baton Rouge, La., 11.80%
New Orleans, La., 11.57%
West Palm Beach, Fla., 11.17%
Cape Coral, Fla., 10.08%
North Port, Fla., 8.07%
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Housing supply and affordability issues rage on in the city of Austin, which are pushing residents to the suburbs. The issues have ramped up in recent years as Austin has become the 10th largest city in the country, which has also made it difficult to find pockets of the city where people making less than six figures can afford to buy a home.
Additionally, homes are still selling quickly in a number of metro areas.
In October, the median days on the market in Austin was 63. That's up from 73 days a year ago. The national median was 34.
Austin made the Bottom 10% for homes selling above asking.
Boise, Idaho, 14.88%
Tampa, Fla., 14.86%
Jacksonville, Fla., 13.23%
Austin, Texas, 13.03%
Cincinnati, 12.60%
Baton Rouge, La., 11.80%
New Orleans, La., 11.57%
West Palm Beach, Fla., 11.17%
Cape Coral, Fla., 10.08%
North Port, Fla., 8.07%
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