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Austin Real Estate Market Data

November 22nd, 2011

I have selected randam subdivisions in the greater Austin area and listed their current real estate market data. Average Days on Market below 3 months are considered Seller’s markets, because homes are moving quickly. Neighborhoods with homes on the market between 3 and 6 months are considered neutral.

The data below is specific to single family homes. If there is an area you want me to spotlight -please let me know.

Austin Market Spotlights

Legend Oaks (Southwest Austin)
Number of Active Houses on the Market: 10
Average Days on Market: 45
Median List Price: $ 266,025

Cherry Creek (South Austin)
Number of Active Houses on the Market: 16
Average Days on Market: 98
Median List Price: $ 184,970

Plum Creek (Kyle)
Number of Active Houses on the Market: 25
Average Days on Market: 89
Median List Price: $ 179,250

City of West Lake Hills
Number of Active Houses on the Market: 27
Average Days on Market: 122
Median List Price: $ 1,295,000

Barton Creek West (West Austin)
Number of Active Houses on the Market: 3
Average Days on Market: 60
Median List Price: $ 585,000

Cat Mountain (North Austin)
Number of Active Houses on the Market: 7
Average Days on Market: 85
Median List Price: $ 450,000

Bouldin (Central Austin)
Number of Active Houses on the Market: 6
Average Days on Market: 79
Median List Price: $ 447,000

Travis Heights (Central Austin)
Number of Active Houses on the Market: 17
Average Days on Market: 99
Median List Price: $ 575,000

Categories Buying a home, Selling a home
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Austin Market Spotlights

by Doreen Zelma

October 13th, 2011

I have selected subdivisions in the greater Austin area and listed their current real estate market data. My selection is based on the communities I have visited over the last 3 weeks. This also happens to be my 100th blog post!

The data below is specific to single family houses, unless otherwise indicated. If there is an area you want me to spotlight -please let me know.

Tarry Town (Central)
Number of Active Houses on the Market: 16

Average Days on Market: 81

Median List Price: $ $606,500

Elliott Ranch (Buda)
Number of Active Houses on the Market: 12

Average Days on Market: 99

Median List Price: $ $432,400

Whispering Hollow (Buda) Still Developing
Number of Active Houses on the Market: 17

Average Days on Market: 59

Median List Price: $218,835

Garlic Creek (Buda) Sill Developing
Number of Active Houses on the Market: 16

Average Days on Market : 76

Median List Price: $199,106

Austins Colony (East)
Number of Active Houses on the Market: 18

Average Days on Market: 86

Median List Price: $109,950

Pemberton Heights (Central)
Number of Active Houses on the Market: 6

Average Days on Market: 71

Median List Price: $ $1,535,750

Towers of Town Lake (Downtown Condominium Community)

Number of Active Condos on the Market: 9

Average Days on Market: 74

Median List Price: $289,500

Categories Buying a home, Selling a home
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Subdivisions by the Numbers

by Doreen Zelma

April 14th, 2011

How many homes are for sale in an Austin subdivision near you? What are the median list prices? Let’s explore some random subdivisions look at the numbers. Note these numbers are by specific subdivision name, not by local market area. There may certainly be more homes available nearby.

When Austin real estate buyers are looking in a general area, like Spicewood or Northwest Hills, I typically set up a map search. Older neighborhoods are made up of many micro-subdivisions as the land was and is developed.

The subdivision list below is random. It will give you an overall idea of what to expect in terms of available inventory and price points. If there is a particular subdivision or neighborhood you would like me to highlight in the future, please ask.

Milwood

Number of homes for sale 57

Median List Price $187,500

Where is Austin? North

Categories Buying a home, Selling a home
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Hot Rods Hit SoCo

by Doreen Zelma

April 6th, 2011

Last weekend, South Congress Avenue was once again transported back in time for the 10^th Annual Lonestar Round Up. The event brings visitors from all over world, and hot rods, classic and custom cars from all over the country.

The SoCo area in Austin, already exuding a 50’s vibe, becomes a hot spot as car enthusiasts line the streets to view the cars and take in some live music.

SoCo Real Estate Market

Let’s take a look around the SoCo area of South Congress, which will include the Travis Heights and Bouldin areas.

The picture shows a ½ mile radius setting Doc’s Bar & Grill and Jo’s in the middle. There are currently 14 homes for sale. Available houses for purchase in this area range in age from 90 years to newly built. List prices range from a $299,000 for a tear down/needs TLC, to $717,500 for new construction. Average time on the market, is currently 77 days.

I support local Austin, after all I think it’s only neighborly.

Categories Buying a home, Events, Selling a home
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