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2018: Texas Condominium Sales Slightly Down, Townhome Sales Up

August 16, 2018

Texas condominium sales dropped 2.1 percent from July 2017 to June 2018, while townhome sales increased 6.3 percent, according to the Texas Association of REALTORS® 2018 Texas Condominium Sales Report. “Despite the slight decrease in sales, the Texas condominium and townhome market remains one of the most popular segments of the Texas housing market,” saidRead More

Aerial view of downtown Austin

Austin, Texas Real Estate Market Update and Statistics August 2018

August 16, 2018

Austin-area Experiences Highest Volume of Homes Sold Since 2011, Highest Median Price Ever In July 2018, Austin-area real estate reached its highest home sales volume since July 2011, according to the Austin Board of REALTORS® July 2018 Central Texas Housing Market Report. Median price in the Austin area hit its highest point ever, with aRead More

July 2018 Austin Real Estate Market Stats Infographic

WalletHub: Austin is Third Best U.S. City

August 16, 2018

WalletHub named Austin, Texas the third best big city to live in within the United States. Seattle, Washington and Virginia Beach, Virginia took the top two spots, while San Francisco, San Diego, and Honolulu rounded out the top five. The top three scores were very close, with scores of 63.63, 63.27, and 63.24. There wasRead More

Sunset over downtown Austin, Texas, with Greenbelt in foreground

Texas Economic Expansion Continues

July 22, 2018

Increases in energy and manufacturing activity led to a continued expansion in the Texas economy for May 2018, according to the Real Estate Center at Texas A&M University. Workers also are being drawn back into the workforce, due to low unemployment. The Dallas Fed’s Business-Cycle Index rose 5.5 percent, to its highest level since 2014.Read More

U.S. Home Outlook Steady in Second Quarter of 2018

July 22, 2018

Seventy-five percent of Americans believe it’s a good time to sell a house, according to recent findings from the National Association of Realtors® and released in its Housing Opportunities and Market Experience (HOME) survey. Sixty-eight percent of Americans think now is a good time to buy a house. The survey also found that most consumers think pricesRead More

Austin, Texas Real Estate Market Update and Statistics July 2018

July 18, 2018

June 2018 Austin-area Home Sales Slow but Still on Track for Record Austin-area home sales slowed in June 2018, with a 2.7 percent dip compared to June 2017, according to the Austin Board of REALTORS® June & Midyear 2018 Central Texas Housing Market Report. Despite this, the area “experienced strong and steady growth in theRead More

Austin luxury home sales up 25%, prices down 15% in Eanes ISD so far in 2018

July 4, 2018

We ran the Austin luxury home sale statistics and the results are quite interesting and noteworthy. Please note that we are defining luxury home sales as residential properties of all types (single-family, condos, townhomes, etc.) that sold for $1M or above. We are comparing Jan 1 to June 15 of 2017 compared to the sameRead More

First Quarter 2018 Texas Housing: Sales Up, Prices Up

June 18, 2018

For the first quarter of 2018, Texas home sales and Texas home prices both increased, while inventory and active listings decreased, according to the Texas Association of REALTORS® Texas Quarterly Housing Report. “The momentum from the end of 2017 has moved into 2018, as Texas homes continue to be in high demand,” said TAR ChairmanRead More

Texas Small Land Sales Increase

June 18, 2018

Small land sales in Texas increased 8.5 percent to 7,588 sales in 2017, the fifth straight year for an increase, according to the Texas Association of REALTORS® Texas Small Land Sales Report. Sales total dollar volume topped $1 billion for the first time. However, the average price per acre experienced a 2.2 percent decline toRead More

Austin, Texas Real Estate Market Update and Statistics June 2018

June 15, 2018

Austin Housing Prices Up, Inventory Down Historic highs and historic lows are now the norm in Austin real estate, with record-breaking median home prices and consistently low inventory levels. According to the Austin Board of REALTORS® May 2018 Central Texas Housing Market Report, the median price for an Austin home reached an all-time high ofRead More

May 2018 Austin Real Estate Market Stats Infographic