Shannon Mangin discusses the current real estate market in Austin, Texas, and provides insights on whether it is a good time to buy a home. It analyzes the recent median home price, the average time homes stay on the market, and the potential advantages for buyers in the current market conditions.

Highlights
The median home price in Travis County, Austin, has dipped slightly to $534,500, indicating a slowdown in the market during the fall season.

Homes are staying on the market for 5060 days on average, giving buyers more time to make informed decisions without rushing into multipleoffer situations.

Buyers can currently negotiate better deals, with sellers offering closing cost concessions and price reductions to help offset the higher interest rates.

While some homes may sell quickly if priced well and presented attractively, the overall market favors buyers during the fall and winter months.