The Austin real estate market is still hot, hot, hot. You can see that 2022 is following the trends of 2019 and 2021 (excluding the freeze in February 2021), though the numbers are lower, primarily driven by limited inventory. Year-to-date transactions are lagging 2021 at this point, down roughly -4.5%. Lower priced homes are lagging […]
2021 has come to a close and there is now fairly complete Austin real estate market data for the year before, the year of, and the year after the outbreak of the Covid-19 pandemic. It has been an eventful three years. There has been a steady shift toward higher price points that accelerated dramatically in […]
$1,300,000 That is the entry-level price point in the Austin luxury market. There are a number of definitions floating around for “luxury market”. The definition I prefer (and many brokerages use) is “the top 10% of the market”. Looking historically at the Austin real estate market, the top 10% has seen steady, single-digit appreciation over […]
I’ve been tracking real estate performance for Austin as a whole during the pandemic. You can read my previous posts (I update my analysis monthly), and below are updated graphs to reflect the latest data, but the story remains the same. The market has picked up but is held back by a lack of inventory, […]
Here is an update to my print article reflecting another 2 weeks of data through the end of May. The data below indicates a slower pace on transactions, but pricing is much stronger. List and sold prices and $ / sq ft are all up significantly from the same period last year. And days on […]
Last month I posted an update looking at Austin MLS transactions and how the pandemic was impacting the real estate market here. At that time I noted that, due to the lag between homes going under contract and actually selling, we had not yet seen the full impact show up in sales numbers. Last week, […]
At the end of the summer I like to provide a comparison of the summer buying season with past years. I use the dates corresponding to the AISD summer schedule, which this year lasted from May 25th – August 19th. Here are some highlights as well as table and graph for a sense of the […]
A year ago I wrote about the record low number of active Tarrytown listings in MLS to kick off 2018. Last year in January there were 34 active listings, which was the lowest number of active listings in any month going back to 2004. Remarkably, in January of 2019 we set a new record low […]
I put this together last February and got good feedback on it so am updating to show 2018 numbers and show the trends in different price ranges. Some highlights: The sub-500K market is almost completely gone in Tarrytown, but did register 4 sales earlier in the year, all of which were snapped up quickly The […]
The New Austin Central Library My wife and I checked out the new library on Saturday at its grand opening. What an impressive facility and an inspiring spot to read a book. Amazing architecture with lots of natural light and open spaces. It sits right on the west bank of Shoal Creek and I am […]
