JBGoodwin REALTORS® - Austin & San Antonio Real Estate Blog

Austin real estate MLS stats - November 2018

Happy new year! Here are the latest stats direct from the Austin MLS® for November of 2018. You can read JB Goodwin's full analysis of the month's sold data below.

Despite a seasonal slowdown, inventory is actually up with 700 additional units hitting the marketplace. With the year nearing its close, Austin's total inventory sits at 7,750 units. Even with this increase, the total inventory is still quite low, with a supply of just 2.7 months total.

Here are the key stats, compared to 2017 figures:

  • The median price of a home is $305,000, up 4% from 2017
  • Total inventory is up 10% from 2017
  • 31, 789 units have been sold this year to date, up 3% from 2017
Have more questions about the Austin real estate market? Please don't…
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happy Central Texas home owners - father and a young child

Search Home Tips To Help With Your 2019 Resolution

1. Eating Healthily

2. Spending Time With Family

3. Saving Money

4. Stop Procrastinating

5. Keeping Organized

The fireworks have burst into the sky to welcome the New Year, and the Christmas decorations are coming down. Most of us are returning to work after vacation.

As you return home from holiday travels or finish the last of that leftover turkey, it’s time to mull over what you hope to create in 2019. As a Texan, your dreams can be as large as the state itself.

New Year’s resolutions are easiest to fulfill when your home fosters an environment that pushes you toward those goals. Here are some ways to prepare your home for making the most of 2019:

1. Robust kitchen =

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As your kids are out of school for the next two weeks, you may find yourself looking for San Antonio holiday activities and events. Whether you want to celebrate with children or entertain visiting relatives, we’ve got you covered:

Things to Do in San Antonio for the Holidays - 2018

1. Light the Way - Holiday Festival

Location: The University of the Incarnate Word

Now through Jan. 6th

The holiday lights turn on nightly at 6:30pm

Check out our Food Truck Yard, Kids’ Corner (take selfies with Santa!), munch on free cookies + cocoa, and try new activities from our friends at the DoSeum.

Learn more.

2. Santa’s Ranch Christmas Display

Location: 9561 I-35 North New Braunfels, TX 78130

Now through Dec. 30th

Nightly, 6pm-10pm

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small san antonio towns

Down around San Antonio, the hill country brings rich character to small town life.

Perhaps it’s all due to the combination of gorgeous nature and celebrated small-town history. Many of these towns still have buildings that date back to the early years of the last century. German settlements in these homestead towns left roots that linger to this day.

There’s a little something for everyone in the Texas hill country. Here are four quaint small towns around San Antonio:

Kerrville

One of the most wonderful aspects of any small town on our list is the rich outdoors.

Kerrville perhaps stands out the most. Known by some as the capital of the Texas Hill Country, Kerrville rests alongside the Guadalupe River, with many beautiful parks, trails,

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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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So, how is the rental market in Austin faring? Well, we're glad you asked. Read up on the latest from the Austin leasing market, direct from the MLS®!

Supply remains quite low at just 300 units, so it's a great time to lease out that property you've been considering. With high demand and low supply, you can get top dollar for your rental. Remember, the average days on market for a rental in Austin is currently 34 days, but you can get that property filled 4 days faster with a JB Goodwin rental specialist.

The essential stats to look out for:

  • Total leases are up 4%
  • Home leases are up 6%
  • Property & single-family home leases are both down 10% respectively
  • The median price of a single-family home rental is $1,750, or approximately
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New Fortune 100 Company HQ Coming to Austin: What This Means for Local STEM Opportunities

In January 2018, WalletHub ranked Austin, Texas the fourth best metro area in the country for STEM (Science, Technology, Engineering, and Mathematics) professionals.

When it comes to STEM opportunities, publications like WalletHub look for cities where big companies in technical fields are expanding. Those expansions translate into job opportunities.

Austin Business Journal recently announced that Resideo Technologies (REZI), a Honeywell spinoff and Fortune 100 company, has chosen Austin for its future headquarters.

Resideo manufactures residential indoor-environmental control and security systems. They are the “leading wholesale distributor of security and low-voltage products,” and a top manufacturer of smart home products.

What will

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san antonio, tx famous riverwalk

Every time we walk a first-time homebuyer through the process of finding and purchasing a new home, it’s cause for celebration.

At JB Goodwin, we recognize purchasing a home is a big commitment — and a very exciting decision. There are so many factors to consider including location, number of bedrooms, style of home, price range, amenities, forecasted rates of appreciation, property taxes, and more.

If San Antonio is your choice for a first home, expect to enjoy a blend of affordable city-living with a deep Texas pride connected to one of its most popular locations. Alamo City is definitely up-and-coming, with new restaurants and developments being added every day.

First-time homebuyers in San Antonio have a lot to think about. The property

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Hot off the press! The JB Goodwin Team is proud to present the latest Austin MLS® stats for the month of September 2018!

Upward is the predominant trend across several different statistics. In a shift over last month, inventory is up 5% compared to 2017 figures, as are the median price of homes and the total units sold year to date.

Supply is up 400 units compared this same time last year, but still lags far behind eight years ago when there were 2,500 more units available for sale.

Key stats:

  • Median home prices are up 4.3% over last year
  • Despite an increase, inventory remains low at just 3 months
  • Demand is up 3%
Have more questions about the Austin real estate market? Don't hesitate to contact us online today!

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