August 2016 Real Estate Activity for Austin-Round Rock MSA

By
Real Estate Agent with Coldwell Banker United Realtors® ~ 512.750.6899
https://activerain.com/droplet/4WhZ

The Austin Board of Realtors® recently released good news that the summer selling season ended on a strong note in August 2016! The area continues to be a magnet for jobs and new business across multiple industries. Job creation continues to keep housing demand at an all-time high and inventory at near record lows despite an increase in the number of listings in the market.

August single family homes sales rose 5.3% and median price increased 9.4% across the Austin-Round Rock Metropolitan Statistical Area (MSA). Inventory rose to 2.8 months only changed by 1% and average days on market literally unchanged at 42 days.

Hays County took home the prize of the largest annual gain in August home sales where home sales jumped 23.2 percent driven by home sales in Buda and San Marcos where home sales experienced a 45.8% increase!

Single family homes sales in Williamson County and City of Austin remained flat. Buyers are moving out to find affordable housing and they love new construction homes! As new housing stock becomes available buyers are quickly scooping up the inventory.

Counties surrounding Austin are growing by leaps and bounds. The land may be flat and not in the hill country but homes there are affordable and all these new residents have to live somewhere! As in any growing city the outlining areas are choices that many new residents are considering. Development of these areas is crucial to satisfying the housing needs of so many. Builders can’t get on line with their product fast enough! Stay tuned to see how September numbers come in!

As always, Austin real estate information is brought to you as a courtesy by Dorie Dillard of Coldwell Banker United; your NW Austin Real Estate Consultant.

If you are a homeowner thinking of selling, a prospective buyer or just curious about real estate in NW Austin; I welcome the opportunity to discuss our market. Feel free to contact me at 512-346-1799 or dillard@reloaustin.com.

Search for homes in NW Austin

 

Save

Posted by

Follow me on Google+

 

 

                                      Follow Me on Pinterest button

                                        

 

 

             

   

                    

Don't forget to visit my website:                      

 Follow my real estate posts on:             

   
                   


 

 

Save

 

Save

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Texas Travis County Austin
Groups:
Texas Real Estate
All Thing's Texas
Local Expert
Market Reports
Addicted to Active Rain
Tags:
austin texas
austin board of realtors
round rock tx
austinround rock metropolitan statistical area
august home sales austin tx

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
1,485,851
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Dorie Dillard Thank you for taking the time to prepare and share this.  This is perfect for buyers and sellers trying to get a better grasp on current market trends.

Sep 28, 2016 11:26 PM #1
Rainmaker
3,333,194
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Good morning, Dorie --- your infographic creates a strong impact.  When it comes to the nuances of Austin - Round Rock real estate, you're the choice for savvy buyers and sellers.     

Sep 29, 2016 12:00 AM #2
Rainmaker
1,217,072
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Dorie Dillard - I love your inforgraphics. I do use infographics but mine are way to busy. I learned something today! Thank You!  Your picture is absolutely stunning as well.  It draws you in.

Sep 29, 2016 12:56 AM #3
Rainmaker
147,508
Kathryn J.
Rentec Direct - Grants Pass, OR
Rentec Direct

We love seeing those arrows pointing upward...showing successful growth!  Cheers to you in Austin TX!

Sep 29, 2016 03:33 AM #4
Rainmaker
1,120,444
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Dorie Dillard - The numbers show buyers they can't afford to wait on their buying decisions with only 2.8 months of inventory!  Another great real estate market update for the Austin Round Rock MSA!  

Sep 29, 2016 06:01 AM #5
Ambassador
3,800,973
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Dorie you guys have been a strong market for a long time now.  Which I could say the same for CT

Sep 29, 2016 10:27 AM #6
Rainmaker
4,797,311
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Dorie.  Thanks for the information and update for the Austin-Round Rock real estate market activity.

Sep 29, 2016 09:18 PM #7
Rainmaker
5,380,298
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Home sellers and home buyers will be in very good hands when they use your professional real estate services.

Sep 30, 2016 12:22 AM #8
Rainmaker
1,792,271
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Dorie, thank you for sharing the Austin real estate info...jobs make real estate go round & up and Austin has done a fine job in all realms!

Sep 30, 2016 01:26 AM #9
Ambassador
3,987,020
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Hi Dorie

Love this easy to read and understand infographic. It's a nice addition to your market updat on the Austin-Round Rock area. Nice to see you market has remained strong!

Have a great weekend!

Jeff

Sep 30, 2016 02:37 AM #10
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
3,814,500

Dorie Dillard CRS GRI ABR

Serving Buyers & Sellers in NW Austin Real Estate
Ask Dorie a question..
*
*
*
*
Spam prevention

Additional Information