Continuing the Austin-area housing market’s hot streak, home sales and the median price paid for those homes set records for a January, according to new data from the Austin Board of Realtors.
Low mortgage interest rates, high demand and a shortage of homes continue to fuel the market and drive prices higher, experts and real estate agents say.
Sales of single-family homes, townhomes and condos soared almost 24% in January, with 2,523 homes changing hands, a record volume for the month.
Half of the houses sold for more than $365,000 and half sold for less, a January record for the median price and an increase of nearly 20% over January 2020’s median.
Things To Do Before Selling Your Austin Home
The real estate market in Austin Texas is literally on fire as properties are selling at record rates.
If you’re thinking about selling your property, here are some tips that you can use to get it ready for sale so that it attracts the most attention and sells for top dollar.
- Declutter your property – Take the time to go through each room in your home and remove any clutter that may make the rooms in your home look smaller than they are.
- Paint – Adding a fresh coat of paint (inside and outside) will breathe new life into your home and make it look cleaner.
- Stage – If you want to make the biggest impact possible, you should stage each room in your home so that your home makes the best first impression possible when buyers arrive.
Sell Your Austin Home
Are you planning on selling your Austin Texas home? If so, now is the perfect time to make your move because demand for real estate in Austin and with summer around the corner, now is the right time to get your home listed.
To start the process of listing your Austin Texas home, contact me today by calling (512) 944-7378 or click here to connect with me online.