Austin MLS Trends » Central Austin Home Prices

North Central Austin Home Sale Data

admin — Thu, 21 May 2009 21:37:59 +0000

Austin’s MLS Area 4 includes Hyde Park and Patterson Heights. Here’s a run down of how many homes sell in each month (over the last 5 years). The graph charts the contract date (when the offer is accepted) for single family homes with a list price between $300,000 and $400,000.

Monthly Home Sales

The chart shows sales in 5 full years. As you can see, the most activity happens in March, April and May.

Conversely, there is typically less competition in other parts of the year.

North Central Austin Home Sales: 78756

admin — Fri, 01 May 2009 20:40:05 +0000

Austin MLS prices

Austin’s 78756 is a vibrant area containing the Rosewood neighborhood.

There are a number of historic, locally owned businesses on Burnet Road and Northloop whose iconic signs define the area.

There are condos and houses in the area in a vast swathe of pricing – from efficiency condos below $80,000 to houses about $700,000. There are also a few duplexes in the neighborhood.

The median sales price in the last 12 months for single family homes is $337,000, with an average price per square foot in 78756 of $221.

What is your chance of selling your home in 78756? That really depends on which Rosedale Realtor you use.

Statistically, more homes have failed to sell in 78756 than have successfully sold in the last 12 months. This is shown below.

Rosedale Home Sales Data

Looking at the amount of homes for sale in 78756 right now, there are around 6 months of inventory in the Austin MLS.

East Austin Home Prices: Mueller Airport

MuellerRealtor — Thu, 12 Feb 2009 20:45:50 +0000

Homes at the Mueller Airport in Austin, TX have available since the end of 2007, with most residents moving in 2008 or later. To date, around 340 homes are occupied, with a total of 10,000 residents planned. Here’s the market stats for the market rates homes in Mueller to date:

Average # of bedrooms / bathrooms: 4/3

Average size of a home at Mueller: 2383 sqft

Average days on market for a house at Mueller : 95 days

Average list price: $419,678

Average list price to sales price for a home at Mueller: Please contact for details.

The affordable program at the Mueller Airport is not included in these statistics, nor the statistics for the town homes or condos that are available at Mueller Austin.

Some homes at Mueller aren’t available on the MLS. For example Standard Pacific Homes at Mueller only keep one of each of their available floorplans listed on the Austin MLS, while they have 7 in inventory.

Useful links:

Central Austin Home Prices: Tarrytown

MuellerRealtor — Thu, 29 Jan 2009 19:43:36 +0000

Tarrytown Annual House Listings

Tarrytown is a prestigious neighborhood in Central Austin with a wide range of home prices from $150,000 and up.

The chart on the left shows that a relatively high proportion of homes do not sell, which is partly a factor of the higher sales prices in Tarrytown.

Sales volume declined sharply in 2008, and the ratio of unsold homes went up, as it did in most areas of Austin. Homes worst affected were at the higher end of the market there.

Tarrytown Average Sales Price

The average sales price for a single family house in Tarrytown actually dropped in 2008 by about 3% over 2007.

Tarrytown remains a desirable location in Central Austin, and while interest rates are low, I expect move-up buyers to take advantage of the market in Tarrytown.

More information about the Tarrytown neighborhood
see Tarrytown Homes For Sale
An updated market snapshot of Tarrytown

Central Austin Home Prices: Hyde Park

MuellerRealtor — Wed, 21 Jan 2009 16:59:14 +0000

Hyde Park is a favored spot in Austin for its closeness to UT and wide range of housing options. The number of Hyde Park homes sold in 2008 was lower than in the previous five years. Less than half the number of single family homes sold in 2008 than did in 2006 or 2003.

How have house prices held up in the last few years in Hyde Park? Find out at the Central Austin and East Austin homes blog.

Useful links:

Central Austin Home Prices: Brentwood

MuellerRealtor — Sun, 18 Jan 2009 16:55:51 +0000

Brentwood Annual Home Sales

Brentwood is a thriving neighborhood in North Central Austin containing a great park and some original Austin landmarks like Threadgills.

Here are some statistics which show trends in the housing market for single family homes in Brentwood.

Over the last two years, home sales have slowed with sales in 2008 less than half of those in 2006. The number of listings which didn’t sell (either expired or withdrawn) has increased dramatically, and the ratio of unsuccessful listings (those that don’t sell) to successful listings (those that sell) has risen from 16% in 2006 to 110% in 2008.

Statistically in 2008 your single family home sale was more likely to fail than succeed.

Brentwood Average Home Prices

So where’s the good news? The Brentwood homes that did sell in 2008 sold with an average time on market of 38 days, which is the fastest in 5 years. So the homes that were priced, staged and marketed correctly achieved sales quickly.

The other good news is that average selling prices are still rising in Brentwood as show above.

Useful links:

Read more about the Brentwood Neighborhood
see Brentwood Homes For Sale
An updated market snapshot of Brentwood