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.
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
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
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 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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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.
When is the best time to buy a home in Austin? It was yesterday. When is the best time to sell? It is today. Austin real estate and every other market always operate in a constant state of looking in the rearview mirror. We use the past to predict the future, to value the present, and use it to reflect on what might have been. The constant state of reflection and prediction makes it hard to actually stay in the present whether you are a buyer or a seller. Continue reading