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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

February Home Sales Update for Austin Texas Real Estate

February 17, 2008

The number of homes sold in Austin Texas in 2008 compared to the same time period in 2007 from January 1 thru February 16 is down 29% for the time period beginning January 1 and ending February 16.  In 2007 there were 775 homes sold in January and 446 homes sold from February 1 thruRead More

2008 Home Sales Have Started Off Beat

January 31, 2008

In 2007 there were a total of 13,162 homes sold in Austin Texas at a 9% average increase in value from the previous year. While the number of homes sold was down 12% in 2007 compared to 2006 in Austin Texas, homes sold for an average of $14 per square foot more in 2007 thanRead More

Austin Real Estate Market

January 4, 2008

The headline of the business page today shows Austin new home starts at their lowest since 2004 with the market down 20% in the 4th quarter.  For some this might bring fear and dismay at how one of the fastest growing cities in the country could be showing continued weakness in the real estate market. Read More

Austin Real Estate Statistics and Summary 2007 in Review

January 2, 2008

What is all the fuss? Austin real estate was still strong in 2007.    While the number of homes sales was down 12% in 2007 compared to 2006 in Austin Texas, homes sold for an average of $14 per square foot more in 2007 than in 2006. Using the average home sales price times the number ofRead More

Neighborhood Statistics – Residential Real Estate in Austin Texas – January – November, 2007

December 19, 2007

As you can see in my chart below, the neighborhoods that have been hit the hardest by the market slow down in terms of reduced home sales on a % basis have been Rollingwood, Travis Country, Barton Creek, Lakeway, West Lake Hills, and Westlake. Communities that actually improved in 2007 compared to 2006 are Davenport West,Read More

Neighborhood Statistics – Residential Real Estate in Austin Texas – January through November 2007

December 19, 2007

Neighborhood Statistics Residential Real Estate in Austin Texas January – November, 2007    1.       Barton Creek: There were 50 more homes sold in Barton Creek between January and November in 2006 than in 2007, although they sold for more per square foot on average in 2007. It took about the same amount of time for homesRead More

Austin Texas Residential Real Estate Market Report January – November 2007- Chart

December 18, 2007

  Homes Sold Sales Price (Per Square Foot) Days on Market January 770 $138 59 February 913 $142 58 March 1248 $150 54 April 1241 $149 44 May 1466 $148 40 June 1581 $150 39 July 1439 $156 38 August 1380 $154 42 September 897 $151 47 October 820 $145 53 November 761 $148 54Read More

Austin Texas Residential Real Estate Market Report January – November 2007

November 27, 2007

Thank you for visiting my blog.   Although the national residential real estate market outlook has been grim, Austin Texas residential real estate has stayed afloat.  From January through November 2006, 13,985 homes were sold in Austin, while 12,516 homes were sold during the same period in 2007.  That is only an 11% decrease. Below isRead More

Luxury Real Estate Statistics for Austin, Texas: September 2013 Report

November 30, 2001

We hope you enjoy our latest luxury homes report! Regent Property Group is one of the few Austin brokerages with experience and expertise in Austin luxury homes, and we appreciate the opportunity to inform you about these trends! Austin Luxury Homes for Sale As of September 26, 2013, there were 328 luxury homes listed forRead More