Market Update: Let’s talk numbers!

Real Estate and Lifestyle

While January proved to be a strong start to the new year, the real estate market has since gained momentum at a lightning fast speed! In the last seven days, I’ve written four offers– three of which were in multiple offer situations, and we are only entering the busy season.

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It’s a good thing I don’t mind living, breathing and sleeping real estate, because I’ve literally been dreaming of client meetings and winning out crazy multiple-offer bids whilst jaunting around town making dreams come true by slingin’ real estate!

We are still waiting on the full analysis of February’s numbers from the Austin Board of Realtors, but January looked a little something like this:

Jan15_2

  • 1,547- single-family homes sold
  • $240k- median price for single-family homes
  • $310k- the average price for single-family homes
  • $480 million- total dollar volume of single-family properties sold, up 27% from January of 2014 (WOW!)shutterstock_130101671

With job & population growth still on the rise, it is a very exciting time for buyers to be investing in Austin real estate!

Until next time, I’ll be running around like a crazy person trying to accommodate all of my buyers and maybe fitting in some SXSW fun too!

XO,

Hope

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