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This tag is associated with 59 posts

Price Variation Around Austin

In 2017 Outlook I promised to provide more information about how much home prices can vary from one area to another around the Greater Austin area.  I won’t get down to neighborhood-specific market activity in this post, but looking at the 5-county metropolitan area in pieces will paint a fairly complete picture. As a starting … Continue reading

2015 Market Summary

The real world of our fast-paced real estate market in Austin makes this post a couple of weeks later than I planned, but following up on my recent summary of Angelou Economics view of our community, I want to add a quick look at the residential market specifically. If you have attention to local media … Continue reading

Case-Shiller and Market Bubbles

I’m convinced that Austin’s growth and home value appreciation are happening for the right reasons — real demand supported by economic growth and employment opportunity. I do not see reasons to fear a market bubble that is so much on some people’s minds after the painful recession we’re all still pulling out of. Continue reading

What’s a house worth in Austin? It depends …

This data shows why the average price of about $278,000 in “Austin” is not especially helpful in more specific discussions of property values. You can also see why my answer to “What’s the price per square foot in Austin?” is always, “It depends.” Continue reading

2012 In Review

In Austin, there are no mixed signals. Living and working here, you can feel the growth. The pace of the real estate market feels like 2006 again, and maybe even a little more frenetic! My Austin Market Dashboard helps to explain 2012, and gives us a glimpse into 2013. Continue reading

Open Letter from RE/MAX Chairman — Housing Is Important For All

An open letter from RE/MAX chair to presidential candidates …. Continue reading

More about home prices around town

Looking at all sales adds high and low price extremes that were not in the sample a few days ago of sales near $200,000. This data shows even more clearly the huge variations around the metro area — Sold Price/SF in today’s sample ranges from $13 to $992! Continue reading

What do you get for the “median price”?

I am often asked, “What’s the average price per square foot in Austin?” Here’s the REAL answer! Continue reading

What price ranges are selling in Austin?

Sales between $120,000 and $160,000 represented less than 10% of market activity in 2011 and 2012. At the same time, sales between $200,000 and $400,000 have become well-established contributors to our market over the past few years, representing 34% of sales in 2011 and 36% of sales so far in 2012! Continue reading

Happy Halloween! Haunted houses for sale …

From RISMedia: Top 10 Haunted Homes For Sale Trick or Treat!  Have a great day!