Austin Texas Real Estate Market Update
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Austin Texas Real Estate Report – May 2022
With May quickly drawing to a close, it’s important to take the time to look back on how the Austin Texas Real Estate Market is doing, and what we can expect in the future. As of May 30th, 2022, the medium price for a home in the Austin area is $639,000, up 20% from the previous year. Between May 16-23rd, there were 596 new listings in Travis County, 161 in Hays County, and 398 in Williamson County. Slight Decrease In Homes Sold Year-Over-Year Is the Austin Texas real estate market finally starting to slow down? That’s anyone’s guess but if we look at the slight decrease of homes sold in…
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Austin housing market remains on record year pace, report says
AUSTIN, Texas — The housing market in the Austin area is still on track for a record-breaking year despite a calming trend, according to the latest Central Texas Housing Report. The Austin Board of Realtors (ABoR) released its October 2021 report on Thursday. The report found that sales dollar volume increased 6.4% year-over-year to $1,836,686,318 and new listings increased 0.9% to 3,777. Home sales across the Austin-Round Rock metro area decreased 12.1% to 3,250 closings compared to October 2020, but the median sales price grew 24.7% year-over-year to $455,000, which set a record for the month of October. The report states that housing inventory in the Austin-Round Rock MSA dipped 0.1 months…
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$1.35M Austin Home Renovated by the Property Brothers Sells in a Day
We know Austin, TX, is one of the country’s hottest real estate markets. We also know the impact of remodels featured on HGTV’s popular “Property Brothers.” Join those two unstoppable forces together, and you’ll wind up with a home that sells more quickly than you can say “new listing.” The show’s stars, Jonathan and Drew Scott completed a remarkable renovation of this mid-century modern way back in Season 4 of their long-running show. After the home landed on the market a week ago, it took about a day for the current owners to accept an offer, which is likely to have been north of the $1.35 million list price.…
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Austin, Texas Housing Forecast for 2021: Stiff Competition Among Buyers
Forecasts for the Austin, Texas real estate market in 2021 suggest home prices in the capital city will continue rising for the foreseeable future. And that’s not surprising, when you consider that (A) inventory remains very low and (B) the population keeps growing. Within the Austin housing market, both sides of the supply-and-demand picture are putting upward pressure on prices. Here are the latest trends, conditions and predictions for the real estate market in Austin, Texas, extending into 2021. Austin Home Prices and Sales Rose During 2020 The current year, 2020, has been a big one for the Austin real estate scene. If you were to look at home-sales activity…
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Thanksgiving 2020 Real Estate Market Update
“VEGETABLES ARE A MUST ON A DIET. I SUGGEST CARROT CAKE, ZUCCHINI BREAD AND PUMPKIN PIE.” – JIM DAVIS Happy Thanksgiving, friends! 2020 has been interesting to say the least but as we reflect over the craziness, we have much to be thankful for. Personally, I feel so fortunate to have a client base full of friends and I cherish each of you more than I’m capable of saying. Though the pandemic has kept much of us apart, I remain grateful for our time together even if only by text or everyone’s new favorite word, “zoom”. Michelle and I want to wish you an amazing Thanksgiving weekend. We hope your plates are full, your wine glasses are refilled…
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The Austin Real Estate Market Is On Fire – Should You Buy Now Or Wait?
Are you planning on buying a home for the first time in the Austin Texas real estate market? Or maybe you’re planning on moving on to a bigger home but you’re not sure if now is the right time for you to move forward with your plans or wait? If so, you’ve come to the right place! There’s no doubt that the Austin Texas real estate market can currently be classified as being “on fire” because of the simple fact that it seems like everyone right now is either buying or selling a home. What’s crazy about the 2020 real estate market is that all of this is happening even…
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The Hottest Selling Zip Codes Aren’t Actually in The Austin Area?
Are you planning on buying or selling a home? If so, you may be surprised to know that the hottest selling zip codes in the ATX area aren’t actually in Austin. That’s right. Why are people not buying in sAustin right now? Where are the hottest neighborhoods? In this article, we will provide you with insight into this trend so that you can know what steps to take if you plan on buying or selling a home in the area. Where Are People Actually Buying? The sleepy suburbs of Austin aren’t so sleepy anymore. “Back in the day, Cedar Park and Leander were sleepy little communities where people had…
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Austin Real Estate Market – July 2019 UPDATE
The Austin Board of Realtors is reporting a sizable increase in both home sales and homes going pending in May. With interest rates now hovering around 3.5% for a 30-year fixed, the buyer market appears to be red hot. Now Is the Perfect Time to Sell Your Austin Texas Home If you are considering a home purchase, get with me as soon as you can so we can take advantage of the market. And if you aren’t considering it, perhaps you should! Austin Remains One of the Hottest Housing Markets in The United States You can see just how hot Austin’s housing market is when you look at recent trends…
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Time again for your annual home review!
Are you ready for 2019? This is that time of year to chat with your favorite Realtor for your annual home review. As your home is likely your biggest investment, it’s critical to consider these 5 questions every year: What changes have occurred in your life that alter your goals for the next 5 years? What properties near you have sold, and how does this impact you today? What’s happening in your neighborhood that will impact the value of your home? What’s occurring with your current mortgage and what changes could benefit you? What new tax laws give you deductions or credits on home improvements? Message me now and let’s answer these together to make…
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What’s the Median Home Price for A Home in Austin Texas?
Are you planning on buying a home in Austin Texas? As of February 2019, Thе mеdіаn hоmе vаluе іn Auѕtіn is $363,400. Auѕtіn home values hаvе gоnе up 9.8% in thе last year аnd many real estate industry experts including Zillow рrеdісt that prices wіll rіѕе 2.1% by at least in 2019. The mеdіаn lіѕt price per ѕԛuаrе fооt іn Austin іѕ $207, whісh іѕ hіghеr thаn thе Auѕtіn-Rоund Rосk Mеtrо average оf $154. Thе median price of homes сurrеntlу lіѕtеd in Auѕtіn іѕ $376,134. Choose an Experienced Austin Realtor® To Help You Buy A Home Since a home will most likely be one of the most expensive assets that…
