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Market Update: Austin Homes Spend 26% Less Time on the Market in March, Sales up 16%

April 22, 2013

Searching for an Austin home for sale? The volume of home sales this year is significantly outdistancing 2012, while time on the Austin market has decreased by an eye-popping 26%. According to the most recent Multiple Listing Service (MLS) report released by the Austin Board of REALTORS®, the median price for Austin-area homes increased toRead More

Austin, Texas Real Estate Market Update and Statistics April 2013

April 9, 2013

Are you searching for a home for sale in Austin? You’re not alone! The housing market is as active as it has been in years, and this flurry of activity has resulted in a dramatically lower amount of homes on the market. “There is no more leisurely pace to finding a home in Austin,” saidRead More

Austin, Texas Luxury Homes Report March 2013

March 27, 2013

Interested in buying a luxury home in Austin, Texas? You’ll face stiffer competition and higher prices than in recent years, but options still abound. As of March 23, 2013, there were 305 luxury homes – those listed over $1 million – on the Austin market. These commonly include Lake Austin properties and Westlake properties. TheRead More

Austin, Texas Real Estate Market Update and Statistics March 2013

March 18, 2013

Times are ripe for Austin real estate! Americans are continuing to buy homes at an increasing pace – especially in Austin. So far during 2013, there were 18% more homes sold in Austin and a 4.82% increase in sold prices per square foot when comparing February 2013 to February 2012. There are 37.38% less homesRead More

Austin-Area Home Sales Hit Six-Year High in 2013, Rising 33 percent

March 14, 2013

From Travis Country to Barton Creek, Austin-area home sales continue to increase. According to a Multiple Listing Service (MLS) report released last month by the Austin Board of REALTORS®, January 2013 became the 20th straight month of sales volume increases—and the most home sales in January since 2007. “The Austin real estate market showed steadyRead More

Austin Almost Doubles Luxury Homes Sold this Year

February 21, 2013

Austin’s luxury homes market – homes sold for over $1 million – is starting to show marked contrast to the luxury market of 2012. 2013 has almost doubled the number of luxury homes sold, with 12 homes selling from January 1 to February 14 in 2012 and 22 homes selling by 2/14 in 2013. TheRead More

Austin, Texas Real Estate Market Update and Statistics February 2013

February 12, 2013

The Austin real estate market is off with a bang for the beginning of 2013. Comparing it to January 2012, Austin experienced a 21.25% increase in homes sold, a 14.54% increase in median sold prices, and a 29.33% decrease in days on the market. Compared to February 2012, we see a 35% decrease in homesRead More

19 Months of Home Sales Increases in Austin

January 20, 2013

December 2012 was the 19th straight month of existing home sales volume increases, according to a recent report released by the Austin Board of Realtors®. The report indicated total dollar volume of sold single-family properties was $513 million, 35 percent higher than December 2011. According to ABoR, 1,828 single-family area homes were sold in DecemberRead More

Upscale Austin: Luxury Homes on an Upward Trend in Austin, Texas

January 16, 2013

From waterfront homes along Lake Austin to tree-covered estates in Westlake, it is apparent Austin has a sizeable luxury property market. Whether it’s the result of trendy tech or startup success, the wealth of Austin appears here to stay – blended, of course, with our lifestyle-centric living. As lakefront properties, hill country views, and primeRead More

Austin, Texas Real Estate Market Update and Statistics January 2013

January 16, 2013

Austin’s winter weather may feel cold, but the Austin housing market is hot! December 2012 marked a 4% increase in sold prices per square foot, a 14% increase in homes sold, and a 28.95% decrease in days on the market, and home inventory remained low, with a 29% decrease in homes for sale, comparing DecemberRead More