Austin Real Estate Spotlights

I have selected random subdivisions in Austin Texas real estate market areas and listed current data on active listings. The data is subdivision specific, so there may be additional homes available for purchase in the neighborhood.  Average Days on Market below 90 days are considered Seller’s markets, because homes are moving quickly.  Austin neighborhoods with homes on the market between 3 and 6 months are considered neutral.

Real Estate Austin

The data below is specific to Austin single family homes for sale. If there is an area you want me to spotlight -please let me know.

Barton Hills (Zilker Park Area)

Number of Active Houses on the Market: 2

Average Days on Market: 37

Median List Price: $ 444,450

Circle C Ranch (Southwest Austin)

Number of Active Houses on the Market: 24

Average Days on Market: 50

Median List Price: $ 359,450

Hyde Park (Central Austin)

Number of Active Houses on the Market: 7

Average Days on Market: 95

Median List Price: $ 549,000

City of West Lake Hills

Number of Active Houses on the Market: 18

Average Days on Market: 196

Median List Price: $ 1,224,925

Jester (North Austin)

Number of Active Houses on the Market: 4

Average Days on Market: 88

Median List Price: $ 475,250

Northwest Hills (North Central Austin)

Number of Active Houses on the Market: 11

Average Days on Market: 164

Median List Price: $ 675,000

Tarrytown (Central Austin)

Number of Active Houses on the Market: 14

Average Days on Market: 119

Median List Price: $ 1,049,750

Travis Heights (Central Austin)

Number of Active Houses on the Market: 11

Average Days on Market: 104

Median List Price: $  599,000

Eanes ISD: The Tale of 3 Cities

Available homes in the City of West Lake Hills

The Eanes Independent School District is currently comprised of 9 schools in the West Lake Hills area.  The Eanes district is known for its consistent exemplary status, which is the highest designation awarded in the State of Texas.   When most people think of Eanes, they think of the City of West Lake Hills.  The City of West Lake Hills is indeed in the Eanes district, as well as the City of Rollingwood, but an even larger portion of the district is in the City of Austin.

Currently, there are 224 single family houses for sale in Eanes ISD.  The City of West Lake Hills has 25 within the city limits, and the City of Austin has the remaining 199.  There are only 29 condos available for purchase in Eanes ISD and all are in Austin. (see maps to see general areas, I can only put 100 homes on a map, which is why there are 2 for the City of Austin.)

Looking by zip code?  There are 70 homes in Eanes ISD available for purchase in the 78733 zip code and 154 in 78746.  All of zip code 78733 is in the City of Austin which is on the west side of 360 (Capital of Texas Highway).

first 100 Available homes in Eanes in the City of Austin

Why haven’t I mentioned the City of Rollingwood?  Rollingwood is very small, so the inventory of available properties is always low.  I typically recommend buyers widen their search to include the City of West Lake Hills, if they are considering Rollingwood.

When considering looking in Eanes ISD, it is important to consider location to points of interest and distance to work.  As you can see from the pictures it covers a bit of ground which can mean an extra 20 minutes in commuting time depending on your destination.

second 100 available homes in Eanes in the City of Austin

Austin Market by Zip Code

Some people know Austin areas by name; others know them by zip code.  Looking at market data by zip code gives you an overall snapshot of how an area is performing.  Understand there are a variety of factors within a zip code that will affect how different subdivisions and neighborhoods perform.  Some subdivisions are near the lake, while others are near a major roadway.  Factors like walk ability and proximity to a park or a school, can affect market performance within a particular zip code.

Taking a look at market data by zip code does give us a good overview of how different areas of Austin are performing.  It also helps us capture all of the data in a particular area.  Certain locations like Travis Heights and Tarrytown are comprised of dozens of micro-subdivisions.  So, looking at market data by zip code gives us a snapshot of overall performance.

Be mindful that price will affect the size of the buyer pool for a particular market.  A higher priced market area naturally has less buyers who can afford the homes there.  The result means longer time on the market.

Austin by the Numbers

78759 (North West: includes Great Hills)
Number of Active homes on the market:            98
Number of Sold homes in the past 90 days:       73                   
Median Current Listing Price:                           $345,975

78746 (West Lake Hills Area)
Number of Active homes on the market:            158
Number of Sold homes in the past 90 days:       56       
Median Current Listing Price:                            $1,172,000

78703 (Central:  includes Tarrytown, Pemberton)
Number of Active homes on the market:            126
Number of Sold homes in the past 90 days:       43                   
Median Current Listing Price:                           $599,450

78757 (Central:  includes Crestview)
Number of Active homes on the market:            90
Number of Sold homes in the past 90 days:       51                   
Median Current Listing Price:                            $247,250

78702 (East: includes just east of Downtown)
Number of Active homes on the market:            107
Number of Sold homes in the past 90 days:       22                   
Median Current Listing Price:                           $209,900

78749 (South:  includes Circle C Ranch and Western Oaks)
Number of Active homes on the market:            99
Number of Sold homes in the past 90 days:       74                   
Median Current Listing Price:                          $234,975

I support local Austin; after all, I think it’s only neighborly.

Doreen Zelma
REALTOR, GRI
E: doreen@SupportLocalAustin.com
W: www.SupportLocalAustin.com
T: 512-761-0567

Austin Market Spotlights

I have selected some random subdivisions, zip codes in Austin and cities surrounding it, to provide some current real estate market data.  If there is an area or neighborhood you would like spotlighted -please let me know.

Overall, the Austin market is strong.  Areas averaging 3 months or less are considered to be seller’s markets.  Four to six months are considered neutral markets.  Six months or more time on the market is considered to be buyer’s markets.  The exceptions to this are:   luxury properties over $800,000, because there are less buyers and new construction where the projects are actively marketed before or during building.

Austin Condominiums

78704 Condos

Number of Active Condos on the Market:  113

Average Days on Market:  138

(new construction projects make the average days high)

Median Home Price:  $ 275,000

Downtown Condos

Number of Active Condos on the Market:  151

Average Days on Market:  127

Median Home Price:  $ 349,500

Austin Single Family Homes

Circle C Ranch

Number of Active Homes on the Market:  33

Average Days on Market:  67

Median Home Price:  $ 314,900

Travis Heights

Number of Active Homes on the Market:  15

Average Days on Market:  115

Median Home Price:   $ 499,000

City of West Lake Hills

Number of Active Houses on the Market:  29

Average Days on Market:  136

Median Home Price:    $1,220,000

Shady Hollow

Number of Active Houses on the Market:  26

Average Days on Market:  108

Median Home Price:    $284,450

Cat Mountain

Number of Active Houses on the Market:  21

Average Days on Market:  134

Median Home Price:    $520,000

Barton Creek West

Number of Active Houses on the Market:  8

Average Days on Market:  58

Median Home Price:    $562,363

Austin Neighborhood Market Spotlights

I have selected some random areas in Austin,
and listed some current real estate market data.

If there is an area you want me to spotlight -please let me know.

Tarrytown

Number of Active Homes on the Market: 23

Average Days on Market: 116

Median Home Price: $589,000

Travis Heights

Number of Active Homes on the Market: 25

Average Days on Market: 108

Median Home Price: $489,000

West Lake Hills

Number of Active Houses on the Market: 13

Average Days on Market: 225 (# is high due to 2 homes active over 600 days)

Median Home Price: $1,249,000

Mueller

Number of Active Houses on the Market: 13

Average Days on Market: 104

Median Home Price: $ 475,635

Northwest Hills

Number of Active Houses on the Market: 18

Average Days on Market: 66

Median Home Price: $ 606,500