The hottest zip codes in Austin right now!

Want to know what the hottest (and not) zip codes in Austin are right now?  I ranked them based on inventory* - the lower the number, the faster the houses are selling.  The Austin average right now is 5-6 months of inventory, so you can see how varied the market can be depending on the area.

Here are the top 5 hottest zip codes right now:

78726: NW Austin, Lakeline/Anderson Mill
78727: N Austin, Parmer/MoPac corridor
78728: N Austin, Wells Branch/Parmer
78759: NW Austin, The Domain/360 corridor
78739: SW Austin, Circle C/Slaughter Lane

Note that these are all residential areas of Austin, outside of the city center, but not what I would call the fringes.  All are north or northwest, besides the Circle C area which is south.

These are the 5 slowest zip codes right now:

78705: UT Campus (mostly condos)
78701: Downtown Austin (mostly condos)
78721: E Austin near Airport/MLK corridor
78704: S Congress/Barton Hills/Bouldin Creek/Travis Heights
78725: Far East Austin near Giles/Colorado River

Central Austin is slower than the outer areas right now.  Downtown is particularly affected by high inventory coupled with a low level of sales - some reasons for this could be competition from apartments and new construction condos.

*the technical definition of “inventory” is # of active properties divided by # sold in the last 30 days.  Essentially, if no other homes came on the market, how many months it would take to sell out.