The latest and greatest stats for Austin’s central neighborhoods.

78703 / 78704 / 78731 / 78746

The latest and greatest stats for Austin’s central neighborhoods.

78703 / 78704 / 78731 / 78746

Looking at our stats, they provide a slightly mixed bag. Year-over-year median sales prices for most of the central neighborhoods (sorry Westlake) are up. Some signficantly! (See 78703.) Days on market and months of inventory are both up from the same time last year. So what's really going on in the market? I know …

The latest and greatest stats for Austin’s central neighborhoods.

78703 / 78704 / 78731 / 78746

2023 ended with more of a fizzle than a bang. It was a rough year for the real estate market as most neighborhoods saw prices come down compared to the previous year. Higher interest rates had the dual effect of keeping buyers and sellers out of the market. Well, there are better times ahead.

Join me for a step-by-step walk-through on listing 4900 Westfield Drive. This case study takes a “beginning to end” look at what went into getting this house ready to sell. From the updates that were needed, to the staging, to listing, and finally, closing on it.

The latest and greatest stats for Austin’s central neighborhoods.

78703 / 78704 / 78731 / 78746

In the Austin-Round Rock MSA, housing inventory reached 4.0 months of inventory, the highest level in more than eight years, according to the Austin Board of REALTORS® September 2023 Central Texas Housing Market Report.

Nestled in the heart of Austin, the Rosedale neighborhood embodies the perfect blend of old-world charm and contemporary convenience. Established in the 1920s and 1930s, this historic neighborhood boasts a rich architectural offering and a range of amenities that cater to diverse lifestyles.

All the stats you need to stay up to date on the Highland Park West and Balcones Park neighborhood!

Nestled just west of downtown Austin, the historic Clarksville neighborhood exudes a timeless charm that's as vibrant today as it was when it was founded over a century ago. Known for its rich history, diverse architectural styles, and tight-knit community, Clarksville is a cherished corner of Austin.

Nestled in the heart of Austin, Texas, the historic Pemberton Heights neighborhood exudes a unique blend of classic charm and modern convenience. Established in the early 20th century, this affluent enclave showcases a range of architectural styles, including Colonial Revival, Tudor, and Mediterranean, providing a picturesque streetscape that seamlessly merges the old with the new.

Tarrytown is a highly sought after neighborhood located just west of downtown Austin. Known for its upscale charm and proximity to the heart of the city, Tarrytown offers a variety of homes in different architectural styles, reflecting its history and development over the years.

When buying a home, there are a number of expenses that both the seller and the buyer will incur. The specific allocation of these expenses can vary depending on factors such as local customs, negotiations between the buyer and seller, and the terms agreed upon in the purchase contract.

So March numbers look a lot like February numbers. Not a whole lot of progress either way. Yes, we’re down compared to the same time last year – that’s not a surprise because that’s when the Austin market peeked.

It’s extremely hard to find both – so you are going to have to choose between one or the other. What are your goals? Do you need income from your rental properties on a regular basis? Or maybe you don’t need the regular income and you’re alright waiting for the larger payoff when you sell the property years down the road.

If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years.

Short Term Rentals are a hot topic of conversation these days. What exactly are they? In the simplest terms, it is a residential dwelling unit that is rented for less than 30 consecutive days. Think Airbnb and VRBO.

If you haven’t already, you will be receiving your property tax notice from your respective county appraisal office. After you pick your mouth up off the floor, it’s good to understand what exactly is going on with each of the values in that notice.

You have three values …

Pre-pandemic, they would range from a couple hundred dollars to possibly $1000 if it was a competitive situation. Now, they range anywhere from $1,000 to $25,000.