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Considering Buying a Home in Pflugerville? This is the time to buy, and I have data!

By
Real Estate Broker/Owner with Austin Texas Homes, LLC 453249

I have lived in Pflugerville since 1995, when my wife and I bought our first home here.  In 2002, we opted to buy our second (much larger) home in this area, too.  What made us choose to stay?

  • Affordability - we have a home that would likely cost at least twice as much in central Austin
  • Convenience - with the advent of the toll roads in 2006, we can get just about anywhere in 15 minutes, including the Prime Outlets/IKEA area, Georgetown, Mopac/Spicewood, etc.
  • It's quiet
  • It's safe

I would talk about the schools, but we haven't had first-hand experience with this, since our kids are homeschooled. 

 Real Estate Market Chart by Altos Research www.altosresearch.com

This chart illustrates that the median listing prices out here haven't changed much over the course of 2008, holding in a pretty tight range between $180k and 182k, despite what the media would have you believe.  It looks like inventory levels are starting to drop again, meaning that the choices are tightening up a bit. 

Some might attribute the inventory drop to the holidays, but it's still a bit too early for this, and we have seen a surge in activity that came with dropping gas prices and the end of the Presidential election season.

If you are considering a purchase in the Pflugerville/Austin area, feel free to call or email me anytime.  I hope to have the opportunity to help you find the right place!  You can search the entire database of Austin homes on my website at www.austintexashomes.com.  Thanks!

 

Posted by

 

If you're looking for a home in the Austin area, you can also visit my primary website at www.austintexashomes.com.  Thanks!

Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Jason, the turn looks like Sept. 1st, but sellers could have also pulled homes off the market till the next selling season. The price rebound is good to see.

Nov 15, 2008 01:47 PM
Lisa Hill
Florida Property Experts - Daytona Beach, FL
Daytona Beach Real Estate

Awesome! Good news and a user-friendly chart. I'm going to have to experiment with that kind of chart.

Nov 15, 2008 02:52 PM
Sharon Richards
Kirsten Realty Tampa Florida - Tampa, FL

Jason,

Great news, I love the chart - it tells the story better than words.  Our inventory is also starting to drop which is good news.  From all your posts on Austin, looks like I will have to make a stop next time, I am in Texas.

Nov 15, 2008 03:27 PM
Sun City Grand Homes Surprise AZ Real Estate Leolinda Bowers Designated Broker Leolinda Realty
Leolinda Realty - Surprise, AZ
Sun City Grand in Surprise Arizona

Jason, It appears that your market may have already hit the bottom and is rebounding.  Great to see that all goes well in your neck of the country.

Nov 15, 2008 04:22 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I like the chart. Good information for consumers. Nice post.

Nov 16, 2008 12:03 AM
Valerie Spaulding
Windermere Peninsula Properties~Allyn~Belfair~WA - Belfair, WA
Allyn-Belfair-Hood Canal-Local Expertise!

I too like your chart. We are seeing a similar pattern. Sept and October posted more sales and inventory is starting to drop - It is good to see and with charts like yours hopefully it will educate the buyers in making their move! Opportunity awaits!

Nov 16, 2008 02:55 AM
Joel McDonald
Joel McDonald -- www.AutomatedHomefinder.com - Castle Pines North, CO

Nice post Jason!  Way to inform buyers in your area of this great opportunity.

I've never been a "now is the time to buy" kinda guy until now, and your chart CLEARLY shows that it's very well a "once in a few decades opportunity" to buy in Pflugerville.  I'm sure you'll find your clients some great deals in the area!

Nov 16, 2008 09:50 AM
Scott Barr
Pacific Sotheby's international Realty - Newport Beach, CA
Realtor

This is a good way to market to numbers type buyers. When the numbers make sence then it easy to ask for the sale.

Nov 16, 2008 03:26 PM
Tony DeLuke
Markley Realty - Cuyahoga Falls, OH
ABR, GRI, SFR

Jason,

I also love the chart. What program did you use to create the chart? Great post as always!

 

Nov 16, 2008 03:44 PM
Charlie Harden
Columbia, SC

Jason, a nice look at things in the marketplace.  Looks like the value is there now!

Nov 16, 2008 11:56 PM
Tim Ludemann
Ochopee, FL

Jason

Great Positive news out of Texas...it seems things are beginning to turn around slowly but surely...keep the positive messages coming

Nov 17, 2008 12:56 AM
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Nov 17, 2008 12:13 PM
#12
Anonymous
Not Yet Licensed

This chart illustrates that the median listing prices out here haven't changed much over the course of 2008, holding in a pretty tight range between $180k and 182k, despite what the media would have you believe. 

Hey Jason,

The media is not interested in steady performance.

A headline that reads:  "Home Prices In Pflugerville Are ROCK SOLID" does not sell newspapers!  :)

Nov 17, 2008 02:33 PM
#13
Anonymous
Peach

Great news, I love the chart - it tells the story better than words.  Our inventory is also starting to drop which is good news.

motel

Nov 18, 2008 04:19 PM
#14