The real estate market doesn’t appear to be at base camp anymore. It’s climbed the mountain, possibly reached the summit, and now seems to be hanging out, smelling the remains of the May flowers. According to ABoR’s Central Texas Housing Market Report, the real estate inventory for all 5 counties that make up the Austin Central Texas Realty Information Service (ACTRIS) and Austin – Round Rock Metropolitan Statistical Area is now at a one-month supply. Continue reading
Tag Archives: Austin Real Estate Market
Austin Real Estate News May 2022
What does Austin real estate news market data look like currently? According to the Austin Board of REALTORS® (ABoR), April Central Texas Housing Report residential sales declined 6.2% year over year to 3,280 homes across the Austin-Round Rock MSA last month. Combined with a new record median price, which rose 19.6% year over year to an all-time high of $550,000, the Central Texas housing market continues to outpace itself.
Austin Real Estate has been Shaken not Stirred
If Austin real estate was a cocktail, it has been rattled around in a shaker in recent years. The mix of the jarring jump in home prices, the steady climb of interest rates, and now the gut-punch of tax valuations; it’s enough to make buyers, sellers, investors, and owners alike feel like they have just been battered by ice cubes in a beverage shaker. Continue reading
Sold Home in Northwest Austin
I just sold this Northwest Austin beauty in Overlook at Cat Mountain. After 5 months of searching, It’s the first home my clients actually made an offer on and we were fortunate to be chosen within multiple offers. It was truly a find as my clients really didn’t want a pool and all we were finding were homes that had them. For my clients, finding the ideal location was a bit of a challenge as the commuting distance was an important factor. Continue reading
Austin Real Estate News April 2022
What does Austin real estate news market data look like now? According to the Austin Board of REALTORS® (ABoR), March Central Texas Housing Report residential sales declined 5.9% year over year to 3,302 homes across the Austin-Round Rock MSA last month. Combined with a new record median price, which rose 22.6% year over year to an all-time high of $521,100, the Central Texas housing market continues to outpace itself.
The Real Estate Multiverse is Madness
The real estate market is a multiverse. There really is no single simple market anymore. Back in the day real estate had basic reference points and avenues for everyone. The options were fairly black and white. Those were simpler times.
Then it happened. The real estate market started to split into a multiverse.
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Austin Real Estate News March 2022
What does Austin real estate news market data look like now? According to the Austin Board of REALTORS® (ABoR), February Central Texas Housing Report closed listings increased 11.3% year over year to 2,581 sales across the Austin-Round Rock MSA last month. Combined with a new record median price, which rose 27.9% year over year to an all-time high of $499,995, 2022 is shaping up to be a big year for the MSA’s housing market.