Are you thinking about selling your Austin Texas home? If so, you’ve come to the right place!
Now is the perfect time to sell your often home because the real estate market is literally on fire and owners that are selling their properties in many cases for far above their asking prices.
Work With An Austin Texas Real Estate Expert
As a longtime Austin Texas realtor, I’ve seen it all, and I’ve done it all in the local real estate market.
When it comes time for you to sell your property, you can have confidence and peace of mind knowing that should you choose me to sell your home, you’ll be working with a professional who knows the local real estate market and can assist you in selling your property for the most money possible.
Don’t Waste Time Thinking About Selling
Have you been sitting on the fence waiting to sell your property because you’re not sure if the market has peaked yet or not? If so, the reality is that even though it may seem like the market can still climb even higher, nobody knows where is Austin real estate market is going to be in 6 months from now.
Instead of waiting another six months to sell your property, you should list your home for sale now and take advantage of the record demand for real estate in the Austin area, especially while mortgage interest rates are still affordable.
Current Austin Texas Real Estate Market Data
Data by ABoR. Forecast by Zillow.The Austin housing market is soaring. The Austin market reflects what’s going on in other big cities around the country. A lack of supply is lagging strong demand, causing home prices to rise. Austin’s rapidly expanding economic industry is driving more people into the city which is increasing the housing demand. Austin home prices are soaring and the buyers have to bear the brunt. Low inventory, high buyer demand, and rising prices will continue throughout the year, creating a competitive market.
Austin home prices are surging in double-digits and will continue to rise in 2021. Looking at this trend, the Austin area needs more housing supply at all price points to stabilize home price growth in 2021. Currently, the months of supply is just 0.6 months, which means at the current pace of sales it would take only 5 weeks for the supply to dwindle to zero. In May 2021, the median home price in the greater Austin area reached an all-time, record-breaking high of $465,000, while both home sales and sales dollar volume surged, according to the Austin Board of REALTORS.
Active listings dropped 70.9% year over year to 1,739 listings, demonstrating how quickly homes are going under contract. Homes only spent an average of 16 days on market last month across the MSA. Access to affordable homeownership has become a concern for many Austin residents due to continually growing home prices, but with dwindling inventory, lot and labor shortages, and rising building costs, getting more affordable homes on the market isn’t easy.
Get Started With Selling Your Home
To get started with selling your home, contact me today by clicking here.