In August I updated my analysis of the west side of the Mopac Corridor, and in September I provided a summary of the summer buying season. This month I’m refreshing the “year-to-date” view of Tarrytown real estate performance, compared to prior years (through September 15th). Highlights:
- Median and average list and sold prices are all relatively flat with 2017, though average list prices are up ~13% and average list price / sq ft is up ~5%
- Median and list and sold price / sq ft is flat or slightly down compared to 2017
- Days on market continue to reflect strong demand, with median days on market for sold homes at roughly 3 weeks.
The number of transactions is still behind the pace of record year 2013, consistent with the trend I discussed in the July article. The lack of available inventory continues to be a factor. Nearby is an updated graph that shows active listings by month, 2018 YTD, last year and then 2013 (the most active year for transactions in the last 10).
If you want to make sense of what’s going on in the market, or would like a better understanding of what your own home is worth, please contact me and I’d be happy to help you. You can also find additional analysis and updates to this article on treymcwhorter.com.
Note: All data comes from the Austin Board of Realtors’ MLS report, reflecting activity through September 30, 2018.