Austin real estate market data is mirroring what I continue to see out on the streets: the market is continuing to settle out. You may be seeing a bit more price decreases on active homes for sale. As sold data rolls in, comparable homes on the market may need to adjust listing prices. Continue reading
Find the latest Austin, Texas real estate news here. In August, the median home price across the Austin-Round Rock-San Marcos MSA rose to $444,490, according to the latest Central Texas Housing Report released by Unlock MLS. While closed sales in the MSA were down 4.6% year-over-year to 2,545 units, inventory increased by 0.8 months, resulting in 5.9 months of available homes. The market is showing steady buyer interest. Pending sales rose more than 8%, signaling a stronger fall season.
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Is the Austin housing market cooling down? If the real estate market had a spirit animal right now, it would be a squirrel. In the middle of the road. It’s stuck, indecisive, not sure whether to dart left or right. Buyers and Sellers are both hesitating, waiting for a clear signal on what the next move should be.
On one hand, we’ve got more inventory than we’ve had in years, which is giving buyers plenty of options, and slowing down the process. The summer slow down happens every year too. Continue reading
Welcome to 230 Sunset Blvd Kyle, TX. This spacious 4-bedroom home for-sale, is perfectly situated directly across the street from the vibrant Sunset Hills community park. This thoughtfully designed and spacious residence offers the ideal blend of style, comfort, and energy efficiency. Far enough away from the hustle and bustle of city living, yet close enough for the convenience. Step inside and discover a home with high ceilings and plenty of storage, including closets galore.
Find the latest Austin, Texas real estate news here. In July, the median home price across the Austin-Round Rock-San Marcos MSA dropped to $435,000, according to the latest Central Texas Housing Report released by Unlock MLS. While closed sales in the MSA were down 7.9% year-over-year to 2,492 units, inventory increased by 0.9 months, resulting in 6.1 months of available homes. The market followed familiar summer trends with sales slowing and prices adjusting slightly. Pending sales rose more than 15%, signaling stronger activity heading into fall.
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Onion Creek Austin: I sold this house located at 2400 Muirfield Circle in Austin’s 78747 zip code, 16 years ago. We signed an offer in the parking lot at Denny’s at night because that’s what you did back then. Last month, I had the honor of selling it again. In 4 days with multiple offers.
If the current Austin real estate market had a soundtrack, Alanis Morissette’s “Hand in My Pocket” would be on repeat. Why? Because it’s full of contradictions — just like the housing scene right now. If you’re navigating the real estate market right now, you might feel like you’re living inside that very song. Because, for as slow as it is – nobody has it figured out just yet. Today’s housing landscape is a fascinating, often frustrating, tale of two opposites. Continue reading