<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=773769319330148&ev=PageView&noscript=1" />

Austin, Texas Real Estate Market Update and Statistics January 2017

January 23, 2017

Another Record-Breaking Year for Austin Real Estate The Central Texas real estate market broke records in 2016 for home sales volume and also reached new highs in home prices, according to the Austin Board of REALTORS® December and Year-End 2016 Central Texas Housing Market Report. Single-family home sales for 2016 increased 3.9 percent from 2015,Read More

Texans’ Incomes Outpace Housing Prices – But Not in Austin

December 21, 2016

Personal income in Texas has outpaced housing price growth more than the United States as a whole, with the large metros of Dallas, Houston, and San Antonio leading the trend for the state, according to a report by the Real Estate Center at Texas A&M University. In Austin, however, housing prices have consistently outpaced incomeRead More

Real Estate Center Chief Economist: Fed Interest Rate Increase Could Be Good

December 21, 2016

The Federal Reserve raised a key interest rate by 0.25 percent recently, and Real Estate Center Chief Economist Dr. James Gaines said this increase could have positive impacts on certain markets. Gaines said one immediate result could be an increase in housing demand as buyers seek to take advantage of interest rates before they increaseRead More

Austin, Texas Real Estate Market Update and Statistics December 2016

December 21, 2016

Austin-Area Double-Digit Home Sales Increases Likely Indicate Record Year Widespread double-digit single family home sales increases across the Greater Austin area in November 2016 make it likely the area will break sales records for the year, according to the Austin Board of REALTORS® November 2016 Central Texas Housing Market Report. The Austin-Round Rock area sawRead More

Austin, Texas Real Estate Market Update and Statistics November 2016

November 19, 2016

Austin Home Sales Increase, Central Texas Sales Decrease in October 2016 In a reverse trend of recent months, sales for single family homes within the City of Austin rose in October 2016 and sales declined across the larger Austin-Round Rock Metropolitan Statistical Area, according to the Austin Board of REALTORS®’ October 2016 Central Texas HousingRead More

Third Quarter Shows Home Price Increases and Slight Dip in Sales

November 17, 2016

Austin-area Single-family home prices in the Austin-Round Rock area were up 7.7 percent to $279,900 in the third quarter of 2016, according to the Texas Association of Realtors®’ Texas Quarterly Housing Report. The number of single-family homes sold was down one percent compared to the third quarter of 2015, to 9,249 sales. Of the homesRead More

Austin-area Home Starts Near Pre-Recession Levels

November 7, 2016

Austin-area home starts hit their highest level in six years in 3Q16, nearing the peak level that occurred in 2006, according to Metrostudy. Its survey of the Austin housing market showed a total of 4,067 home starts, near the 4,387 home starts that occurred 1Q06. The report stated the third quarter numbers imply a “rampingRead More

Austin, Texas Real Estate Market Update and Statistics October 2016

October 18, 2016

Austin-area Home Sales and Prices Continue to Rise The median price for Austin-area single-family homes increased to $275,250 in September 2016, an increase of 7.5 percent compared to September of last year, according to the September 2016 Central Texas Housing Market Report by the Austin Board of REALTORS®. Home sales in the Austin-area rose 1.3Read More

What’s the Least Expensive Month to Buy a Home in Austin?

October 13, 2016

Home buying in January might land buyers a much better deal. This is according to Nerd Wallet, which used Realtor.com data to determine that the least expensive month to buy a home in Austin, Texas is in January. And it’s no small matter: based on a two-year average of median sales prices, buying a median-rangeRead More

Austin Number Two in Nation for Net Migration

October 7, 2016

Austin takes the number two spot in the nation among large metro areas for its net migration, according to U.S. News and World Report’s list of the “The 20 Best Places People Are Moving to in the U.S.” Austin, which also has been named the #2 best place to live in the U.S. by U.S.Read More