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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

Austin, Texas Real Estate Market Update and Statistics April 2014

April 21, 2014

Before we get to our monthly real estate statistics, we have some exciting news! For the past year, we have been working hard behind the scenes to create the best home search in the city – and we now announce its launch! You’ll find increased searching capabilities, more photos and written context to support yourRead More

Austin-Area Home Sales Hit Record High in February

April 21, 2014

Did you think the Austin-area real estate market couldn’t get any hotter? Think again. Homes from Barton Creek West to Falcon Pointe are selling like hotcakes. According to a Multiple Listing Service (MLS) report released at the end of March by the Austin Board of REALTORS®, home sales and home prices both reached an all-timeRead More

Austin, Texas Real Estate Market Update and Statistics March 2014

March 12, 2014

We know Austin is an awesome place to live – and clearly so does everyone else! For the fourth year in a row, Austin has ranked number one on Forbes’ list of the country’s fastest-growing cities. The 2.5 percent estimated population growth in 2013 was the highest in the country, with 110 net people perRead More

Austin, Texas Real Estate Market Update and Statistics February 2014

February 19, 2014

In 2013, Austin real estate soared, with substantially rising prices and decreasing inventory. Guess what? 2014 looks to be much of the same. According to Gracy Title, Austin is expected to have a whopping 35.3% increase in population from 2010–2020, and Austin home prices are expected to appreciate by over 25% from now to 2018.Read More

HOT Time in the City: Austin Real Estate Heats Up in 2013

February 10, 2014

Below are specifics on Austin’s amazing year of real estate gains, broken down by Austin MLS areas. Would you like even more? A Regent Property Group agent can help you discover numbers related to your own neighborhood and your home. A special thanks to Gracy Title for compiling the original document! 2013 Median Price andRead More

Austin, Texas Real Estate Market Update and Statistics January 2014

January 17, 2014

We knew this was coming, didn’t we? Austin just broke its record of number of homes sold in a year, with 2013 closing out at 27,298 homes sold. (Too bad the cedar count is trending almost as high!) The number of homes sold eclipses the pre-recession previous record of 26,958 sales, set in 2006. WeRead More