Austin, Texas Real Estate Market Update and Statistics October 2016
October 18, 2016Austin-area Home Sales and Prices Continue to Rise The median price for Austin-area single-family homes increased to $275,250 in September 2016, an increase of 7.5 percent compared to September of last year, according to the September 2016 Central Texas Housing Market Report by the Austin Board of REALTORS®. Home sales in the Austin-area rose 1.3Read More
International Homebuyers Pump More than $10 Billion into Texas Real Estate
September 27, 2016International homebuyers pumped more than $10 billion into the Texas economy from April 2015 to March 2016, according to the 2016 Texas International Homebuyers report. This amounted to more than 21,000 Texas homes purchased by international buyers, compared to the previous year’s 16,720 Texas homes for a total of $8.32 billion. Of those international buyers,Read More
Austin, Texas Real Estate Market Update and Statistics September 2016
September 19, 2016Austin-area Median Home Prices Up Over Nine Percent Austin-area home prices rose to $289,990 in August 2016, a 9.4 percent increase compared to August 2015, according to the Austin Board of REALTORS® August 2016 Central Texas Housing Market Report. Austin-area home sales also rose in August 2016, with a 5.3 percent increase resulting in 2,985Read More
Few Underwater Homes in Austin, Texas
September 8, 2016Austin, Texas is among the top United States cities with the highest percentage of homes with positive equity, according to CoreLogic and The Home Story. The San Francisco area leads the way with 99.4% of homeowners having positive equity, with Boulder and Urban Honolulu at 99.1%. Fort Collins came in at 98.6%, with Austin, FortRead More
Austin, Texas Real Estate Market Update and Statistics August 2016
August 21, 2016Austin-area Home Sales Down 4.9 Percent, Home Prices up 5.6 Percent Single-family home sales in the Austin-area decreased 4.9 percent in July 2016 compared to July 2015, to 2,900 home sales, but median price saw another increase, rising 5.6 percent to $285,000, according to the July 2016 Central Texas Housing Market Report by the AustinRead More
Austin Housing Market on Pace for Record-Breaking Year
July 19, 2016The Austin home real estate market remains scorching hot and is on pace to surpass the record-breaking numbers of 2015, according to the Austin Board of REALTORS® June 2016 and Mid-Year 2016 Central Texas Housing Market Report. “The Austin-Round Rock housing market is on track to outpace 2015 market levels, which was a record-breaking yearRead More
Austin, Texas Real Estate Market Update and Statistics June 2016
June 21, 2016Home Sales Jump 10% in Austin-Area Home sales in the Austin-area jumped 10% in May 2016 compared to May of last year, and in Williamson County, the increase was even higher at 19.5 percent, according to the Austin Board of REALTORS® May 2016 Central Texas Housing Market Report. “Housing demand continues to be at anRead More
Austin, Texas Real Estate Market Update and Statistics May 2016
May 20, 2016Central Texas Home Sales Jump 12.5 Percent, Austin Median Price Jumps Over Ten Percent Single family home sales in Central Texas increased 12.5 percent in April 2016, compared to April of last year, for a total of 3,863 home sales. However, almost 80 percent of these homes were not sold within the City of AustinRead More
Scorching Pace for Austin Homebuilders in the First Quarter of 2016
May 10, 2016Central Texas homebuilders began construction on 40 percent more homes in the first quarter of 2016 than in the first quarter of 2105, according to Metrostudy, as reported by the Austin American-Statesman and the Real Estate Center at Texas A&M University. This dramatic rise equaled 3,570 new home starts in the first quarter of thisRead More
Austin, Texas Real Estate Market Update and Statistics April 2016
April 22, 2016Even with almost eight percent increase in home prices, Austin home sales also up — over nine percent Austin home prices rose yet again this March 2016, according to the latest Multiple Listing Service (MLS) report by the Austin Board of REALTORS®. The median single-family home price in Austin rose to $278,000 in March 2016,Read More