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Forbes Names Austin the #1 Best Buy City for Housing In 2015

January 13, 2015

Austin-Round Rock was named the top city in the nation for real estate investing by Forbes, with Texas cities claiming five of the top ten spots and 25% of the cities overall. The list “favored those with the strongest population growth,” and Austin’s 3.6% annual job growth rate, according to the latest figures from theRead More

Austin, Texas Real Estate Market Update and Statistics December 2014

December 19, 2014

Austin Real Estate Breaks More Records In November 2014, Austin home sales and median price reached the highest amounts ever for that month, according to a Multiple Listing Service (MLS) report released by the Austin Board of REALTORS®. Single-family home sales reached a November high of 1,934 homes sold, an increase of six percent overRead More

Austin, Texas Real Estate Market Update and Statistics November 2014

November 21, 2014

Austin Home Sales and Prices Set October Records Austin-area home sales hit an all-time high this October 2014, with 2,403 single-family homes sold, an increase of 16 percent compared to last October and the largest year-over-year increase in home sales to date this year, according to a report released by the Austin Board of Realtors®.Read More

Texas Residential Real Estate Set to Achieve Second Best Year Ever

October 26, 2014

2014 likely will end as the second best year ever in Texas real estate for existing home sales, said a housing market expert with the Real Estate Center at Texas A&M University. It would follow 2013, which is the current “second best year ever” in terms of home sales volume. Center Research Economist Dr. JimRead More

Austin, Texas Real Estate Market Update and Statistics October 2014

October 22, 2014

Home Prices Set September Record, Home Sales Rebound   Austin-area median and average home prices both set records for September 2014, with median price increasing eight percent year-over-year to $240,000 and average price increasing seven percent year-over-year to $308,514, the highest figures ever for the month of September. Home sales also had a substantial reboundRead More

Austin, Texas Real Estate Market Update and Statistics September 2014

September 19, 2014

Another Dip for Monthly Home Sales Volume In August 2014, Austin-area home sales declined compared to last year for the second consecutive month, but prices continued to rise. According to the Austin Board of REALTORS® Multiple Listing Service (MLS) report, Austin-area home sales decreased four percent year-over-year in August to 2,835 single-family home sales. DoubleRead More

Austin, Texas Real Estate Market Update and Statistics August 2014

August 22, 2014

Austin-area Real Estate Statistics This month’s Austin real estate market report is dominated by two statistics: a dip in home sales for the first time in over three years and an annual increase in housing inventory for the first time in three years. Home Sales In July, Austin-area home sales dipped three percent to 2,944Read More

Austin-area home sales reach all-time June high

July 22, 2014

Austin-area home sales reached an all-time high this June, increasing 13 percent over June 2013, according to a Multiple Listing Service (MLS) report released by the Austin Board of REALTORS®. This pace puts 2014 in the running for Austin’s highest all-time sales volume, potentially breaking last year’s all-time high record. “The 2014 summer selling seasonRead More

Slight Relief for Austin Homebuyers as Listings Increase

June 23, 2014

Austin-area home inventory increased from a 2.3 month supply to a 2.6 month supply this April to May 2014, the first time listings have increased in over three years, according to a Multiple Listing Service (MLS) report released by the Austin Board of REALTORS®. May’s 2.6 months of inventory is the highest level since lastRead More

Austin, Texas Real Estate Market Update and Statistics May 2014

May 22, 2014

Austin homes have never been more expensive. During the month of April 2014, Austin-area home prices reached their highest point ever, with a median sold price of $239,900, beating the previous April by six percent. The average home price is now at about $309k. Total dollar volume of single-family properties sold was $765,396,208, up oneRead More