Residential Market Cools Off in August

Average home sale price rose another 2% in August, causing year-to-date sales volume to surpass that of August 2019 by almost $162MM.

Julianna Scruggs September 25, 2020

Average Home Price Grows 7% in July

Low inventory in July drove a 7% average increase in housing prices. We’ll likely see higher inventory and even higher prices in August. COVID-19 is exacerbating Austin’s housing affordability crisis. Learn more about how you can handle this as a current or future homeowner.

Julianna Scruggs August 28, 2020

How to Sell Your House During a Pandemic

Austin is in one of the most extreme seller’s markets the city has ever seen. Due to the unusual circumstances surrounding Covid-19, a lot of people are hesitant to sell their homes right now. Fortunately, this creates an excellent time for sellers to sell their house, not only quickly, but often above the asking price.

Aaron Scruggs August 20, 2020

July 2020 Market Report

June saw a major recovery with over $588MM total sales volume, just -2.5% YoY. Look for continued recovery in July, as pending sales were up 15% YoY in June. There was a jump in existing single-family home prices while prices of all other types of homes went down.

Julianna Scruggs July 25, 2020