Market overview
The contract settles on the listed range containing the median home value in the Austin Metro area on December 31.
The available value bands are <$397K, $397K - $407K, $407K - $417K, $417K - $427K, $427K - $437K, $437K - $446K, and $446K+.
The exact metric, reference period, source, rounding method, and treatment of range boundaries are documented in the Resolution Rules below.