Current Housing Market In Austin, Texas

Some of the most frequently-asked questions for Goldwasser Real Estate agents, David Schneider and Philip Myers, revolve around the topics: “How is the current housing market in Austin, Texas?” and “When is a good time to sell my home?”

Although the home sellers’ market is improving across the rest of the country, Austin experienced another good year of continuous growth. Moving to the Capital City of Texas is simply too nice an opportunity to pass up.

On average, over 150-175 folks move to Austin every single day. Music, Technology, gorgeous weather, world-class restaurants, a beautiful way of living, and – jobs! Austin has it all.  Greater Austin created 35,000 new jobs from 11/11 to 11/12.

Philip Myers says: “It is a GREAT time to sell your home!”

Interest rates remain low right now, and most forecasters believe that they will begin to inch higher throughout the year, but continue to hover at historical lows.  Inventory is very low and the home price across the state have increased for eight consecutive months according to Mark Dotzour Chief Economist of the Texas A & M Real Estate Center.

Consider these stats for Shady Hollow area home sellers:

• 37 - median days on the market
• $283K – median sales price
• 96.5% – median sales to list price

Watch the following 2 videos where David and Philip give you some insights on the current housing market in Austin. Then call either one of them for more information and expert advice.

David Schneider (512) 638-6585
Philip Myers (512) 567-9541