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Top 30 Most Popular Neighborhoods in Austin Texas

July 28, 2008

Have you ever wondered what subdivisions in Austin Texas are selling the most homes?  During the first 7 months of 2008 the highest number of homes for sale in all of Austin Texas were sold in the below list of the top 30 Austin Texas subdivisions.   The below subdivisions were chosen based on the totalRead More

Austin Texas Luxury Real Estate Statistics

July 16, 2008

Luxury home sales, herein defined as homes priced over $1 million, have been on a steady rise since 1999 in Austin Texas.  From 2005 to 2006, the number of luxury homes that sold increased by a whopping 40%.  Home sales leveled out in 2007 with 276 luxury homes sold.  So far in 2008 we areRead More

Austin Real Estate Statistics 2nd Quarter 2008

June 26, 2008

The Austin Texas real estate market is remaining steady when comparing the 1st and 2nd Quarter performances.  While the number of homes sold in the 2nd Quarter 2008 are down and the number of homes withdrawn are up compared to 2007, Austin home prices continue to climb slightly.  With Austin unemployment remaining low at 4.5% andRead More

What Do Current Market Statistics Mean for Austin Home Buyers?

June 19, 2008

Comparing June 1-18 of 2007 versus 2008, Austin home prices are down 1.5%, there is a 41% decline in the number of homes sold, and a 34% increase in the number of homes withdrawn from the market.  There are a lot of home owners in Austin that would like to sell, but in general onlyRead More

So Far in June, Sold Prices for Austin Texas Homes for Sale Decrease!

June 19, 2008

Although we are only 18 days into June 2008, I’m a bit disappointed to see that the average and median price of homes sold in Austin Texas from June 1-18, 2008 have decreased by 1.9% and 1.5% respectively compared to the same time period during 2007.  While this is not a large percentage decrease inRead More

Austin Real Estate Market Update May 2008 – Sell NOW with Prices on the Rise!

June 2, 2008

While Austin residential real estate home prices continue to rise slowly, the number of homes selling in Austin is down substantially and it seems to be getting worse each month.  So if you need to sell your home, NOW is a good time with prices still on the rise for Austin homes.  With that said,Read More

Austin Texas Real Estate Report April 2008

May 1, 2008

Real Estate Austin Texas: Real Estate in austin texas has been softer than 2007 but there are still a lot of homes selling. Austin texas luxury real estate has also slowed down a bit compared to last year.  Commercial real estate austin texas has also slowed down in 2008 but not as much as residential. Read More

A bright spot on the horizon for Austin residential real estate?

March 24, 2008

Since January 1st of this year (2008) 1,813 homes have sold and 884 homes have been withdrawn from the market in Austin Texas, a 28% decline and 42% increase respectively from the same period last year.  This reflects a weaker Austin Texas residential real estate market in 2008 compared to 2007.  With that said, theRead More

2008 Austin Texas Real Estate Home Sales Still Slow

March 3, 2008

Since January 1st of this year 1,214 homes have sold and 342 homes have been withdrawn from the market in Austin, a 32% decline and 47% increase respectively from the same period last year.  With that said, the median price for homes sold during the same period in 2007 was $120 per square foot withRead More

2008 Home Sales in Austin Texas Could Be Much Worse

February 28, 2008

The number of homes sold in Austin Texas in 2008 compared to the same time period in 2007 from January 1 thru February 28 is down 35% and homes taken off the sale block is up 52% in 2008 when comparing the same time periods.  In 2007 there were 1,690 homes sold from February 1 thru February 28 with 336Read More