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.

Overall, the Austin market is strong.  Areas averaging 3 months or less are considered to be seller’s markets.  Four to six months are considered neutral markets.  Six months or more time on the market is considered to be buyer’s markets.  The exceptions to this are:   luxury properties over $800,000, because there are less buyers and new construction where the projects are actively marketed before or during building.

Austin Condominiums

78704 Condos

Number of Active Condos on the Market:  113

Average Days on Market:  138

(new construction projects make the average days high)

Median Home Price:  $ 275,000

Downtown Condos

Number of Active Condos on the Market:  151

Average Days on Market:  127

Median Home Price:  $ 349,500

Austin Single Family Homes

Circle C Ranch

Number of Active Homes on the Market:  33

Average Days on Market:  67

Median Home Price:  $ 314,900

Travis Heights

Number of Active Homes on the Market:  15

Average Days on Market:  115

Median Home Price:   $ 499,000

City of West Lake Hills

Number of Active Houses on the Market:  29

Average Days on Market:  136

Median Home Price:    $1,220,000

Shady Hollow

Number of Active Houses on the Market:  26

Average Days on Market:  108

Median Home Price:    $284,450

Cat Mountain

Number of Active Houses on the Market:  21

Average Days on Market:  134

Median Home Price:    $520,000

Barton Creek West

Number of Active Houses on the Market:  8

Average Days on Market:  58

Median Home Price:    $562,363

Travis Heights area classic bungalow styled home originally built in 1935 offers classic details and updated features.  Home has 3 bedrooms, 2 baths and is 1,394 square feet (tax record.)  The house sits on a large corner lot with live oaks trees and carport with storage.

Local area attractions include Stacey Pool and the SoCo (S. Congress) shopping and retail area of Austin. Travis Heights is located about 2 miles south of downtown, Austin.

Updates include:

• kitchen
• bathrooms
• siding
• HV/AC
• roof
• plumbing
• electric

Additional features include:

• fenced backyard
• hardwood floors
• built-in shelves and storage

This is a quintessential Travis Heights updated classic. Rare carport and off street parking! Large backyard with plenty of shade.

Visit Doreen in Travis Heights on Saturday from 12 – 3, August 7th

or call for a private showing

Directions to 500 E Mary:  From Congress go east on Annie, then rt on Newning, then left on Mary. On corner of Newning and East Mary -where it deadends in to Eastside Drive @ Stacey Park.

Doreen Zelma
REALTOR, GRI
Sky Realty Austin
E: doreen@SupportLocalAustin.com
W: www.SupportLocalAustin.com
T: 512-761-0567

Last week I went on a tour of homes in zip code 78704.  The tour covered Travis Heights to Barton Hills.  I saw some pretty interesting properties including a 1904 farmhouse which was moved here from Trall, Texas.  If you like older homes, it was absolutely amazing from the beaded trim on the doors, to the soaring ceilings.  It is truly something special.  Here is the link, along with some of the other properties I viewed.

On Sunday, June 27th, I will be holding one of the homes open on the tour, from 1 – 4pm.  500 E Mary street is located in the Travis Heights area of Austin, and has 3 bedrooms, 2 baths and is 1,394 square feet (tax record.)  The house sits on a large corner lot with live oaks trees and carport. Click the tour link above for more details.

How healthy is the Austin Real Estate market?  From the looks of the data below, I would say very healthy.  Inventory is low, average days homes have been actively on the market is 3 months or less.  I have selected some random neighborhoods in Austin below and listed some current real estate market data.

Understand this data is specific to single family houses.  Some of these areas certainly have duplexes, triplexes, and of course, condominiums.  I like to separate condominium and investor markets, because they are different and should be explored on their own.

If there is an area you want me to spotlight -please let me know.

Hyde Park

Number of Active Homes on the Market: 31

Average Days on Market: 94

Median Home Price: $ 385,000

Travis Heights

Number of Active Homes on the Market: 23

Average Days on Market: 69

Median Home Price: $ 538,000

Tarrytown

Number of Active Homes on the Market: 29

Average Days on Market: 81

Median Home Price: $ 779,000

City of West Lake Hills

Number of Active Houses on the Market: 28

Average Days on Market: 60

Median Home Price: $ 987,000

Mueller

Number of Active Houses on the Market: 17

Average Days on Market: 44

Median Home Price: $ 448,605

Northwest Hills

Number of Active Houses on the Market: 33

Average Days on Market: 81

Median Home Price: $ 598,500

I have selected some random areas in Austin,
and listed some current real estate market data.

If there is an area you want me to spotlight -please let me know.

Tarrytown

Number of Active Homes on the Market: 23

Average Days on Market: 116

Median Home Price: $589,000

Travis Heights

Number of Active Homes on the Market: 25

Average Days on Market: 108

Median Home Price: $489,000

West Lake Hills

Number of Active Houses on the Market: 13

Average Days on Market: 225 (# is high due to 2 homes active over 600 days)

Median Home Price: $1,249,000

Mueller

Number of Active Houses on the Market: 13

Average Days on Market: 104

Median Home Price: $ 475,635

Northwest Hills

Number of Active Houses on the Market: 18

Average Days on Market: 66

Median Home Price: $ 606,500