AUSTIN, Texas— Moving to Austin? As the summer real estate market season comes to a close, the Austin Board of REALTORS® (ABoR) latest Central Texas Housing Market Report indicates the Austin-area housing market continues to exhibit strength, despite economic setbacks amid the ongoing pandemic. The Austin-Round Rock MSA posted robust gains this August, as home sales experienced a double-digit increase of 12.9% year over year to 4,019 sales. Continue reading
I went on a couple of listing consultations last week. My listing consultation includes a home tour so that I have an idea of the updates, upgrades, and other bells and whistles the home might have. While the list I create may help market the property; the list I leave the owner will actually help sell it. Remember, you never get a second chance to make a first impression, and that first person who views it might be the buyer. Continue reading
AUSTIN, Texas—According to the latest Central Texas Housing Market Report released by the Austin Board of REALTORS® (ABoR), the Austin-Round Rock Metropolitan Statistical Area (MSA) continues to exhibit resiliency in the face of COVID-19. The MSA posted its second consecutive month of strong home sales numbers with a 21.5% increase in July sales year over year. The robust increase demonstrates the vital role real estate will play as the region begins its economic recovery from the COVID-19 pandemic.
Austin Home Sales Rise in Median Prices, Units and Dollars across MSA
In addition to the 21.5% jump to 4,537 home sales across the five-county MSA, the median price increased 10.7% to $353,000 and sales dollar volume also soared 36.7% to $2,037,152,035. Pending sales climbed 32.2% to 4,607 as new listings increased 13% to 4,767, while active listings dropped 32.4% to 5,309 due to demand. Continue reading
Swimming pools are an instant source for entertainment, relaxation, and exercise. They provide a backyard retreat, a tranquil view, and a luxury marker some buyers dream about having. For those real estate buyers who want a pool, houses with them are much easier to sell. Forget the condition of the house– that oasis in the backyard, especially on a hot day kind of sells itself, doesn’t it?
Pools can often be a hindrance more than a help when selling. Not everyone wants a pool. In fact, I would say 70% of people do not. Pools cost money and time to maintain. In addition, there are safety concerns for people with small children and pets. They can also take up a lot of yard space. Continue reading
I hope you and your families are in good health and good spirits as we collectively fight COVID-19. I have already connected with some of you and will continue to do so. Please reach out to me as well if you want to talk about real estate, are on the lookout for a supply you can’t find, looking for a new show to stream or are just bored and want someone different to talk to. Working from home can be very isolating, trust me I get it. I can certainly provide some tricks and tips to help you schedule your day a bit.
Austin Homes Sales are Strong
The Austin real estate market is strong, and that includes all of Central Texas. Yes, we have changed some business practices, but new homes are still coming on the market daily, houses are still being shown (with some precautions) and sold. Closings still happening virtually, with limited attendance and even taking place outside. Continue reading
The law of supply and demand continues to ring true in central Texas, as the greater Austin area prices are still on the rise. The first Central Texas Housing Market Report of the year shows steady gains in both home sales and prices across the five-county Austin-Round Rock Metropolitan Statistical Area (MSA), according to the Austin Board of REALTORS® (ABoR).
Austin – Round Rock Real Estate Market Statistics for January 2020
In the Austin-Round Rock MSA, residential home sales in January rose 8.5% to 1,947 home sales, with a 9.6% sales dollar volume increase to $726,157,216. During the same period, new listings decreased 14.3% to 2,723 listings, and active listings decreased 24.1% to 4,889 listings. However, pending sales jumped 13.1% to 2,956 pending sales. Monthly housing inventory declined 0.6 months year over year to 1.6 months of inventory. Continue reading
The Austin Board of REALTORS® has reported that Central Texas REALTORS® sold more homes in 2019, than any other year on record. The December and Year-End Central Texas Housing Report echos the findings noting 33,084 in home sales and home sales and $13,158,737,333 in sales volume.
Austin area closes decade with record-breaking $13B in home sales: Single-family home sales increased by 84% since 2010