Austin Texas 2015 Update: 2014 was another banner year in central Texas housing markets. The uptick in housing prices in the Austin and surrounding areas was unprecedented. The extreme shortage of inventory in the “affordable” near-town residences continues, with no real change on the horizon. Median sold price for all areas combined in December is up to $244,950. While the $400,000+ […]Continue Reading →
Existing homes sales in the Austin MSA decreased 5.7% in May 2015 compared to the same month last year. However, median price rose almost 10% from May 2014, and overall YTD existing home sales are up 2.3% compared to the same period (Jan – May) in 2014.Continue Reading →
Austin-area home sales top 3,000, $1 billion in volume in June 2015, prices remain high
Austin Board of REALTORS® releases real estate statistics for June 2015 and mid-year 2015 AUSTIN, Texas July 21, 2015 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), Austin-area home […]Continue Reading →
Prop 1 will save you money by increasing your homestead exemption from $15,000 to $25,000. This is great news for Texas homeowners because it lets you keep more of your hard-earned money. Prop 1 also helps seniors and people with disabilities by giving them much-needed tax relief, and providing them a lower property tax cap, […]Continue Reading →
Austin-area single-family home sales remained high in August, increasing 8% to 2,943 home sales year-over-year. Single-family median home prices, for both sales and leasing, set a record for the month of August. Median home sales prices increased by 8% year-over-year to $265,000, while median home lease payments increased by 7% to $1,600. Read the […]Continue Reading →
Most experts, both nationally and locally, project 2015 to continue to be a sellers market in Austin, with continued improvement in the markets throughout Texas and the USA. Particularly the below $500,000 level, although we’ll probably see a bit of a slowing down in those homes above that level.
Now that building new […]Continue Reading →