78704 real estateHomes for sale in 78704 zip code in South Austin had a fairly easy time finding buyers in 2012.  The number of homes sold was up 16%, and the length of time it took to sell dropped by a couple of weeks on average.  In fact, 64% of listings in neighborhoods like Bouldin, Travis Heights, South Lamar, Zilker and Barton Hills sold in less than 17 days.

 south austin homes for sale

  78704 is one of the hottest areas for Austin real estate.  There is a shortage of homes for sale and the median sales price of a 78704 home increased by 20% in 2012.  Updated vintage homes fly off the market and new construction is sprinkled throughout the neighborhoods, much of it being of modern architectural design. 

I was able to sell a Travis Heights pocket listing by word of mouth, without the benefit of MLS, in a matter of days.  The buyers are out there in force!

South Congress shops and restaurants buzz on the weekends along with food trailers and artisan markets on the sidewalks.  South Lamar is filling up with new apartment, condo and retail developments too, as Austin's urban core proves it's desirability. 

 

 

The median price of single family homes in South Austin 78704 was $398,000 in 2012 vs. $338,000 in 2011.  Homes sell for an average of 97% of list price, though 32% of South Austin homes sold at or above asking price in 2012.

Call me to FIND YOUR NEW SOUTH AUSTIN HOME or condominium, or if you are ready to sell in 78704.  There are lots of buyers out there! 

Every Austin home search should start with a preapproval.  I can help with a fast, free on- line Austin mortgage application and approval and low rates.

Direct line:  512-917-8142

 

Jeff Harris   

Realtor/ Broker/ Mortgage Banker

www.trueaustinhomes.com

www.trueAustinluxury.com

www.myTXhomeloan.com

Jeff Harris Austin Real Estate Page

 

Tarrytown- Pemberton- West Austin Home Sales Update
01/23/2013
share
West Austin includes the neighborhoods of Tarrytown, Pemberton Heights, Clarksville, Herman Brown, Brykerwood and Old West Austin In 2012, home sales in these neighborhoods, mostly in the 78703 zip code, were up by 16% vs. 2011. Average prices… more
Austin Home Sales Data Shows Positive 2012 Trends
01/23/2013
share
The Austin real estate market showed many positive signs in 2012 as we escaped the worst of the national housing "crisis". Sales of single family homes and condominiums were up in 2012 vs. 2011. Condo sales saw the biggest leap with a 28% increase… more
South Austin 78704 Real Estate Update
06/21/2012
share
With all the talk about an improved housing market, especially in Central Austin neighborhoods, I decided to take a look at the stats for always popular 78704--the neighborhoods of Travis Heights, Bouldin, Zilker and others farther south. Even… more
Austin Mortgage Money Tree has Lowest Rates Ever!
05/18/2012
share
With all the gyrations in world financial markets investors have moved back to the relative safety of bonds. What that means is that Austin, Texas mortgage rates have floated back to historic lows Pluck some bucks off the money tree and you'll… more
Austin Market Favors Buy vs. Rent
04/30/2012
share
Occassionally I help folks find a home to rent in Austin The rental market is very tight and few homes come available. Often, there is competition for Austin rental homes and landlords get multiple rental applications especially for the more… more
Austin Luxury Home For Sale in Tarrytown
02/29/2012
share
Feel the influence of Spanish architecture and design in this one of a kind Austin Luxury Home for sale. Room to spread out with 5 living areas including open kitchen/great room, formals, gameroom, media, office and separate studio for gym, office… more
Austin Home Sales Higher in 2011
01/19/2012
share
Austin, Texas home sales were up about 7% area wide in 2011 vs. 2010. Some Austin neighborhoods saw even bigger sales increases. Austin condos had a 1% sales increase Many price segments and neighborhoods saw prices higher vs. 2010, while some… more
We've Lost Millions!
12/20/2011
share
In Austin and Texas, the Texas Forest Service says the severe drought has cost us millions of trees across the state. Between 100 million and 500 million Texas trees have not survived record high temperatures and record low rainfall. This is… more
W Residences Downtown Austin Tour and Update
10/21/2011
share
I have written before about the new W Residence condos in Downtown Austin. Yesterday, The W hosted a select group of 80 Austin Realtors to tour the property and enjoy a reception by the resident pool. I really like this property! The finish out is… more
 
Mynewpic Rainmaker_large

Jeff Harris Broker| Austin Expert Since 1994

Austin, TX

More about me…

Address: 401 Congress Ave. , Suite 1540, Austin, TX, 78701

Office Phone: (512) 323-5626

Cell Phone: (512) 917-8142

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog

Find TX real estate agents and Austin real estate on ActiveRain.