Markets are Local

I had 5 people come to my open house on Sunday, which is 5 more than most of my colleagues.  Most were surprised since the house I was holding open listed for $649,000,  in comparison, their properties were priced much less.  As I have noted in the past, markets are local.  

Within the ‘market’ I was in, my home was the exception – not the rule.  

In another area of Austin, that same house may be perceived as expensive, but in Rollingwood and Westlake Hills combined, I was in the 4th lowest priced house out of a total of 16 available for purchase.  In fact, my house, was one of only 8 homes listed for under a million dollars.  

So, for my market, this house was a bit of a head turner because of the price, which led to my open house traffic on a rainy, cold afternoon.