April Austin Housing Market Report

The hot Austin real estate market saw signs of cooling down in April, but we could say that’s like calling a 95º day cool compared to 100º here in Texas — still pretty hot! 

With a dramatic 52% year-over-year increase in active inventory (when compared to April 2021), the Austin real estate market is seeing signs of a slightly softening market, which is a welcome relief for buyers who have become exhausted with bidding wars. 

April residential home sales declined across the Austin-Round Rock MSA for the second month in a row according to the Austin Board of REALTORS® (ABoR) April 2022 Central Texas Housing Market Report. Even with a slight dip, the Austin-Round Rock Metropolitan Statistical Area (MSA) was only 216 homes short of breaking the record…

May Austin Housing Market Report

AUSTIN, TX — Home sales in Austin continue to reach all-time highs for any month on record with the median home price inching closer to half a million. 3,976 homes were sold in the Austin area with inventory nearing zero at 0.5 months. Homes continue to sell over asking price, which raises the median home prices to a new record of $465,000, a 48% year-over-year increase.

“Austin’s housing market has become one of the most competitive markets in the U.S.,” says Susan Horton, 2021 ABoR President. “As new companies relocate to Austin and the city’s popularity draws in new residents, the sheer demand for housing has created a critical inventory shortage, reinforcing that affordability and accessibility to housing across our region is a real concern and…

June Austin Housing Market Report

The Austin Board of REALTORS (ABOR) reported that a record-setting number of June transactions contributed to a 16.5% increase in home sales during the first half of 2021. A record of 4,369 Austin homes was sold in the month of June, an 8.6% increase year over year.

Home prices continue to skyrocket, as the median price increased 43% to $482,364—an all-time record. Sales dollar volume jumped 55.7% to $2,621,271,158, as pending sales slightly decreased 1.8% to 4,419.

Housing inventory declined 1.1 months to 0.6 months of inventory. Although the market is tight and competitive, ABOR reports that more homes are being sold than in previous years.

“Our market has established its own new normal, as median prices climb while inventory remains low,” says Susan…

Unique Austin Homes For Sale

Austin, TX – Austin is known for keeping it weird and quirky, extending to real estate. There are a variety of homes for sale in Austin that are far from the average cookie-cutter property. If you’re looking for a home that is outside of the ordinary, look no further! Take a look at a few unique Austin homes for sale and view all Austin-area homes for sale at RealtyAustin.com.

3206 WESTHILL DRIVE 

Sophisticated fixtures, unique finishes, and spacious living areas create a warm and welcoming atmosphere. The main floor includes an expansive living/dining/kitchen area that opens onto a large patio with sliding glass doors. An entertainer’s dream, complete with top-of-the-line Thermador appliances. Plenty of…

Realty Austin Reinvents Home Search Experience with New Mobile-Friendly, Map-Centric Website

AUSTIN, TX—Realty Austin, the #1 independent residential real estate brokerage in Austin, is excited to announce the launch of their completely redesigned and most advanced home search website, realtyaustin.com. For the last 2 years, the brokerage has reimagined the home search experience into a new modern, mobile-friendly, and map-centric website designed to help clients, their co-buyer(s) and agents collaborate on favorite listings to find their dream home faster than ever before.

Reinvent Your Home Search Experience

Explore More Than 7,000 Neighborhoods

Detailed market statistics, sold prices, and school ratings for more than 7,000 neighborhoods and schools.

Create…

Living the Downtown Life in Austin

It's pretty easy to see that Austin and its surrounding areas are among the most rapidly expanding cities in the US. Round Rock, Pflugerville, Georgetown, and the small towns surrounding Austin are experiencing major growth. If you're one of the many people who work in downtown Austin, you may have considered moving to one of these towns and commuting to work, but what you may not realize is that downtown Austin is quite livable and offers a distinct sense of community. Here are 5 reasons to love the downtown Austin lifestyle.

Convenience

One of the big myths about living in downtown Austin is that it is a pain to get around. The truth is twofold—first, you don't need to get around as much when everything you want is within a 4 block radius of your…

Fall Festivals in Austin

Austinites enjoy their festivals as frequently as they enjoy their breakfast tacos and BBQ…Every. Single. Day. Fall is the perfect season to get back outside and enjoy the outdoors without the heat and humidity that comes with summer. Austin Festivals cover every niche from live music and film, to Formula One race cars. They are a huge part of Austin’s eclectic culture, so make plans to attend one of Realty Austin’s top picks for Fall festivals.

September Festivals

Fantastic Fest

September 19- September 26
1120 S Lamar Blvd, Austin, TX 78704

Experience the world of sci-fi, horror, and gore at Alamo Drafthouse’s annual film festival. Fantastic Fest is the largest film festival in the U.S. that specializes in the genres of horror, fantasy, sci-fi, and…

The Best Trails for Kids in Austin

There is plenty of hiking to be done in Austin, but it can be intimidating to venture out onto a trail without knowing how deep into the woods it goes. Good trails for kids usually range from 1 to 3 miles, so you don’t tire them out too much, and should be accessible by walking, running, and biking. Give the kids something to do this weekend and get them outside for some healthy exercise. These good trails for kids can be found throughout Austin!

Lady Bird Lake Trail

One of the easiest and prettiest trails in the whole city is the Boardwalk on Lady Bird Lake, a modernized structure that weaves along the riverbank with amazing views of Austin. You and the kids can easily bike, rollerblade, walk, or run along Lady Bird Lake by way of the Boardwalk for…

Economic Outlook for Central Texas

HOW IS COVID-19 IMPACTING THE AUSTIN HOUSING MARKET?

AUSTIN, TX— Watch as Realty Austin’s co-founder and Chief Technology Officer, Jonathan Boatwright, interviews nationally recognized real estate economist, Dr. Mark Dotzour. Learn what to expect for mortgage rates, home prices, job growth, the stock market, and more. Read a summary of the Q&A topics covered below!

Q & A

How will unemployment in Central Texas compare to the U.S.?

The state of Texas’ economy has such a positive business environment. People can’t wait to move here from other parts of the country that are not as business-friendly. Considering this, the state of Texas is going to fare well on a relative basis when compared to the U.S. Each city in…