Homes 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.
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
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