Staying informed about the Austin housing market is crucial whether you're looking to buy or sell. With fluctuating mortgage rates, changing inventory levels, and shifting buyer demand, making informed decisions is essential in this dynamic environment. In this blog, we'll dive into the latest trends, analyze key indicators, and discuss what these changes mean for you.

The Austin-Round Rock-San Marcos housing market highlighted stability and seasonal changes in October. Median home prices dipped 3% year-over-year to $430,000, while pending sales rose 13%, reflecting continued buyer interest despite cooler fall activity. With 5.1 months of inventory and over 11,000 homes on the market, opportunities abound for home buyers and sellers. Here’s a closer…

Staying informed about the Austin housing market is crucial whether you're looking to buy or sell. With fluctuating mortgage rates, changing inventory levels, and shifting buyer demand, making informed decisions is essential in this dynamic environment. In this blog, we'll dive into the latest trends, analyze key indicators, and discuss what these changes mean for you.

In September, the median home price in the Austin-Round Rock-San Marcos housing market dropped by 6% to $425,000, while pending sales surged by 20% year-over-year, according to Unlock MLS’ September 2024 Central Texas Housing Report. With inventory reaching 5.9 months, the market is now a buyers market, though affordability remains a challenge. The increase in pending sales is likely…

Staying informed about the Austin housing market is crucial whether you're looking to buy or sell. With fluctuating mortgage rates, changing inventory levels, and shifting buyer demand, making informed decisions is essential in this dynamic environment. In this blog, we'll dive into the latest trends, analyze key indicators, and discuss what these changes mean for you.

As we move into fall, Austin’s real estate market is seeing a surge in available homes and a drop in prices. With the number of homes for sale up 15% and median prices down 4% compared to last year, buyers are gaining more options and negotiating power. Homes are also staying on the market longer, averaging 70 days, putting added pressure on sellers to price competitively and offer…

Housing markets across the nation are experiencing a transition back toward the range of pre-pandemic levels for buyer demand and home sales. This transition is not a bad thing. The pandemic years were not sustainable. 

You may be wondering if now is a good time to act. As Central Texas' #1 independent brokerage, we obsess over keeping our clients informed. This is why we analyze the data, speak with experts, and curate content answering your most pressing questions. Keep reading as we break down mid-year projections and share what we are seeing in our local residential real estate market.

Housing inventory levels in the Austin-Round Rock area pushed over two months of inventory in June for the first time since 2019. Higher mortgage interest rates…

Staying informed about the Austin housing market is crucial whether you're looking to buy or sell. With fluctuating mortgage rates, changing inventory levels, and shifting buyer demand, making informed decisions is essential in this dynamic environment. In this blog, we'll dive into the latest trends, analyze key indicators, and discuss what these changes mean for you.

Mortgage rates have dropped significantly from nearly 8% last fall to around 6.4%—the lowest in over a year. This decline has unlocked purchasing power for buyers, sparking renewed interest in the market. As mortgage rates decrease, buyers could save significantly on monthly payments. Though this could also increase competition if rates continue to decline. For sellers, this dip in…

When you have a skilled professional by your side, it changes everything. This expert isn't just there to handle transactions; they become your trusted advisor, strategic ally, and tireless advocate for achieving your goals.

In the first half of 2024, the Austin-Round Rock-San Marcos housing market has seen a 1.8% decline in residential home sales compared to the first half of 2023, with the median price dropping slightly to $450K. However, new home listings have surged by 15%, and active listings have increased by 15%, providing buyers with more options. Despite a slight dip in the total dollar volume of homes sold, the market remains dynamic, with pending sales up by 1.6% more than the first half of 2023. These shifts highlight the importance of…

When you have a skilled professional by your side, it changes everything. This expert isn't just there to handle transactions; they become your trusted advisor, strategic ally, and tireless advocate for achieving your goals.

In May, the Austin-Round Rock-Georgetown area saw its highest housing inventory in 13 years, offering buyers more options and the ability to be more selective. However, higher mortgage rates have balanced the market, impacting buyers' purchasing power. Sellers are navigating a complex market where strategic pricing and understanding buyer behavior are more crucial than ever as home prices remain flat and housing inventory rises.

“While the rise in inventory typically suggests a buyer's market, sellers can still achieve…

When you have a skilled professional by your side, someone deeply knowledgeable about the ins and outs of the real estate market and equipped with a wealth of expertise to guide you toward success, it changes everything. This expert isn't just there to handle transactions; they become your trusted advisor, strategic ally, and tireless advocate for achieving your goals.

In April, the Austin housing market saw a 5.9% year-over-year increase in home sales, alongside a modest 1% uptick in the median home price, now at $469K. Insights from the Austin Board of REALTORS® suggest a prevailing atmosphere of confidence and optimism among buyers and sellers alike. 

Let's take a closer look at the latest trends and what they mean for you:

• Home price gains…

When you have a skilled professional by your side, someone deeply knowledgeable about the ins and outs of the real estate market, equipped with a wealth of expertise to guide you toward success, it changes everything. This expert isn't just there to handle transactions; they become your trusted advisor, strategic ally, and tireless advocate for achieving your goals.

In March 2024, the Austin area experienced a 10% increase in new home listings from the previous year. According to the Central Texas Housing Report, this uptick has led to several regional markets boasting four months of available inventory. This provides more options for home buyers and helps stabilize prices. Sellers benefit from increased confidence in the market, with more…