Market Report | Austin, TX | Office 

Screen Shot 2020-10-20 at 4.03.50 PM

 

Overview of the Austin Office Market

The Austin market was ranked as one of the best places to live in 2020 - 2021 and the 2nd best market for real estate prospects heading into 2021. Austin has experienced over 25% growth in population since 2010 and is projected to reach 3.2M in the next 10 years. According to the Bureau of Labor Statistics, Austin saw the fewest job losses of any market in the U.S as a result of COVID-19. While tech companies flock to the metro, Austin will likely weather the economic downturn better than most metros.