December 2018

Found 2 blog entries for December 2018.

why millenials moving to austin

Austin’s skyline has evolved quickly in the last decade. New businesses and residential high rises show the remarkable speed at which our infrastructure is changing.

Perhaps the only thing growing faster than our buildings is our population.

Austin is one of the fastest growing cities in the country, with 170 new residents moving here every day. But one demographic is moving here faster than others: the Millennial generation.

Millennials constitute the generation born between 1981 - 1996 and make up most of today’s workforce.

So why is Austin such a magnet for this population? We have some ideas:

Careers in Austin

Cities with competitive employment opportunities offer an obvious selling point to the largest generation in the modern

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The stats are in, and October brought more of the same to the Austin real estate market. You can read over the full Austin MLS® sold stats below!

Inventory continues to fall, even as demand continues to rise. Compared to last month, the total number of properties available for sale is down, but still up 7.8% compared to 2017. Sales in October were up 4% compared to the same time last year.

Here are the key stats to look for:

  • Total inventory in Austin is only 2.9 months
  • Median home price is $305,700, compared to $293,200 in 2017
  • So far in 2018, 29,334 units have been sold
Have more questions about the Austin real estate market? Please don't hesitate to contact JB Goodwin REALTORS® online today!

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