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This entry was posted by Doreen Zelma, REALTOR. Bookmark the permalink.

About Doreen Zelma, REALTOR

Doreen Zelma, Broker Associate, GRI, CLRA with Sky Realty, serving the Austin Round Rock MSA and Central Texas for 16 years.
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Support Local Austin3 days ago
๐…๐ข๐ฏ๐ž-๐ฒ๐ž๐š๐ซ ๐’•๐’“๐’†๐’๐’…๐’” ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐€๐ฎ๐ฌ๐ญ๐ข๐ง - ๐‘๐จ๐ฎ๐ง๐ ๐‘๐จ๐œ๐ค ๐Œ๐’๐€ ๐‚๐ž๐ง๐ญ๐ซ๐š๐ฅ ๐“๐ž๐ฑ๐š๐ฌ ๐œ๐จ๐ฎ๐ง๐ญ๐ข๐ž๐ฌ ๐จ๐Ÿ ๐“๐ซ๐š๐ฏ๐ข๐ฌ, ๐–๐ข๐ฅ๐ฅ๐ข๐š๐ฆ๐ฌ๐จ๐ง, ๐š๐ง๐ ๐‡๐š๐ฒ๐ฌ. [TNT]

๐Ÿก Comparing year-over-year isn't always helpful when you are an active participant in the market, because you have to be in the moment data-wise.

Year-over-year can be helpful when looking at seasonal comparisons and overall trends.

๐Ÿ“ˆ Travis, Hays, and Williamson Counties all had higher median sold prices in 2021, than every month so far in 2023. Why did I skip over 2022? I think it was more of a blip than a trend. The market has rebooted.

This data was compiled by Texas National Title using market data provided by the Texas REALTORยฎ Data Relevance Project, a partnership amount Texas REALTORsยฎ and their MLSs, the Real Estate Center at Texas A&M, and Texas Realtors.
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#austinrealestate #atxrealestate #realestatemarketstatistics #marketdata #realestatemarket #househunting #homebuying #homeselling2023
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Support Local Austin5 days ago
The current Austin real estate market is a sellerโ€™s market, but with a small pool of buyers, sellers donโ€™t hold all of the cards. There are enough homes for sale in Austin for buyers to have options and with choices there is power. This market is unique and Austin is still weird.



#more-6822" target="_blank" rel="noreferrer">https://supportlocalaustin.com/weird-austin-real-estate-market-sellers-wait-buyers-choose/#more-6822
#austinrealtor #sellingaustin #atxrealestate #austin #atx #austintx
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The Austin real estate market is a seller's market, but with a small pool of buyers, and enough homes for sale in Austin, sellers don't hold all of the cards.
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Support Local Austin6 days ago
Tomorrow (May 24th) is National Treasure Hunt Day and Texas ranked No. 2 in LawnStarter's 2023 "Best States for Urban Treasure Hunting." Texas has the most metal-detecting sites, pawn shops, flea markets, and geocaching locations in the nation.
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#metaldetector #treasurehunting #texas #antiques #urbanliving
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If you love geocaching, antiquing, and metal detecting, you'll probably love learning that Texas is one of the best states for partaking in the art of modern treasure hunting. And if this is a brand new idea to you, there's no better day to start than today โ€” except maybe National Scavenger Hunt D...
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Support Local Austin1 week ago
Georgetown is, again, the fastest-growing city in the country, for the second year in a row according to U.S. Census Bureau.
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#georgetowntxrealestate #georgetowntx #cityliving #texasrealestate
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Georgetown is the fastest-growing city in the U.S. for the second year in a row, according data released Thursday by the U.S. Census Bureau.Census: Georgetown i
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Support Local Austin2 weeks ago
A sign home prices are leveling out for homes across the board in Austin. ๐Ÿก Whether a single-family house or a condo, the median sold price ratio was 97% of the original asking price.
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#austinrealestate #austinhomeprices #austinrealtor #austinrealestateagent #austinhousingmarket
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Support Local Austin2 weeks ago
๐‚๐ข๐ญ๐ฒ ๐จ๐Ÿ ๐€๐ฎ๐ฌ๐ญ๐ข๐ง ๐€๐ฉ๐ซ๐ข๐ฅ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ญ๐š๐ญ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐Ÿ๐จ๐ซ ๐ž๐ฑ๐ข๐ฌ๐ญ๐ข๐ง๐  ๐ฌ๐ข๐ง๐ ๐ฅ๐ž-๐Ÿ๐š๐ฆ๐ข๐ฅ๐ฒ ๐ก๐จ๐ฆ๐ž๐ฌ ๐ฏ๐ฌ. ๐ง๐ž๐ฐ ๐›๐ฎ๐ข๐ฅ๐๐ฌ

๐Ÿก The price distribution is largely in the $500-$749k range for existing homes. The new build bucket is the largest over $1M.

๐ŸŒบ The median size of the homes sold is fairly similar.

โœ” The closed price to original list price ratio is closer with existing homes than new builds

๐Ÿ’ก What does this mean? Existing homes are holding their price points despite the lack of buyers, though they may be offering closing costs and repairs that aren't factored in here.

๐Ÿ”จ A new build will give you a new house with more price concessions but it doesn't necessarily mean a bigger house.
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Doreen Zelma is licensed to do business by The Texas Real Estate Commission, license #558200 and works for an Austin real estate company

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