June saw a major recovery with over $588MM total sales volume, just -2.5% YoY. Look for continued recovery in July, as pending sales were up 15% YoY in June. There was a jump in existing single-family home prices while prices of all other types of homes went down.

Residential sales increased 7% this month and homes appreciated at 10.75% YoY.

Austin real estate continued to appreciate while listings and sales sank. The stay at home order came late enough in March that we didn’t see