Austin Real Estate Market to Remain Strong
February 20, 2020 by West Austin Properties · Leave a Comment
“We do not see anything getting in the way of another robust year in our industry in 2020,” said Eldon Rude, principal of 360 Real Estate Analytics, to the Austin Home Builders Association, in January of 2020. To meet demand for housing in 2020 builders will need to deliver another 18,000 to 20,000 lots in […]
January 2020 Market Report Overview – Home Prices Increasing
January 8, 2020 by West Austin Properties · Leave a Comment
Overview of January 2020 Market Report2,674 homes sold in December. 16% more than last year. This is the second highest December sales in Austin history, slightly less than the record year 2018.There are 3,217 homes Pending. This is 24% more than one year ago! This is the second highest in Austin history, slightly less than […]
December 2019 WAP Market Report
December 18, 2019 by West Austin Properties · Leave a Comment
West Austin Properties Market Report for December 20191) 9% more homes sold last month, than one years ago. Most ever for Austin November sales. Compared to 5 years ago, total sales are up 27%2) 9% more homes are Pending, compared to one year ago. Compared to 5 years ago, current Pendings are up 26%3) 10% less homes are for sale […]
Housing Market Normalizes in Austin Area
November 17, 2017 by Laura Duggan · Leave a Comment
For the first time in 5 years the OVERALL Austin market has moved from an Extreme Seller’s Market (less than 3 months of inventory) to a Normal Seller’s Market (3 to 6 months of inventory). The reason for the movement is the increase in inventory. There are more homes for sale now this November than […]