You're likely eager to sell your home quickly and may be curious about the expected timeframe. One effective approach? Collaborate with a local real estate agent.

These professionals possess the knowledge to inform you about the current pace of home sales in your area and the factors influencing the market. This expertise allows you to set realistic expectations and craft a strategy that aligns with the present market conditions.

Here’s a closer look at the key factors that impact how long it takes to sell and why partnering with an experienced agent makes all the difference.

Understanding Inventory Impact on Your Home Sale

Austin’s housing market has seen inventory climb to 6.1 months of supply this summer — the highest level since 2011.…

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.

Private Exclusives at Realty Austin Compass offer a strategic advantage by listing your property privately before it hits the public market. This approach helps generate early interest, allows for premium pricing trials, and maintains low days on the market, ensuring your property sells smoothly and successfully. Here's how leveraging Private Exclusives can benefit you as a seller.

What are Private Exclusives?

Private Exclusives allow your property to be showcased to a select group of serious buyers before becoming available…

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…

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.

As spring arrives, the Austin housing market is entering its busiest season, presenting opportunities for buyers and sellers. Sellers can benefit from increased median sales prices and homes selling close to their list price. Meanwhile, buyers have more negotiating power. Homes are taking an average of 83 days to sell, and new listings are up 45% year-over-year, which provides more options…

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 Austin, housing inventory has climbed meaningfully compared to last year. As of November, there are 11,926 active listings, an increase of 11% year-over-year, even as seasonal slowdowns reduced new activity month-over-month. Homes are no longer disappearing as quickly as they once did, and that shift is reshaping how both buyers and sellers approach decisions.

Inventory Is Creating More Choice And More Separation

Austin is currently operating with 6.3 months of inventory, up from both last year and earlier this fall. This…

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.

As we step into 2024, the Austin housing market is buzzing with activity and optimism. Recent data reveals a 4% increase in closed sales and a 3% rise in pending sales compared to last year. Although median prices saw a slight dip to $430K year-over-year, there's optimism fueled by mortgage rates down from their 8% peak last year, making homes more affordable. With fifteen consecutive…

Navigating Austin’s housing market requires staying informed about the latest trends and market conditions. Whether you're buying or selling, teaming up with experienced agents and understanding the data helps you make smart decisions for your future. 

After a slower-than-normal 2023 and a relatively quiet December, the market is gaining momentum as we enter 2024. Mortgage applications are on the rise, multiple offers are becoming more common, and there's a noticeable decrease in withdrawn listings. Home prices experienced a slight drop of 1% to $433K, and housing inventory saw a modest increase to 3.0 months. The market's confidence is reinforced by a notable surge in new and pending listings, setting a positive tone for the year ahead.

Let's…