Austin Real Estate Market: Balcones Woods Neighborhood
Posted by Dan Burstain on
Did you hear that BOOM? No, that wasn’t a transformer blowing. That was Balcones Woods crashing through another price barrier. We are into the $200/sqft arena now and, in my opinion, any house in our neighborhood could sell for over $300,000, many closer to $400,000 and above. The Austin real estate market is booming all over and with our neighborhood's great schools, access to 183 and MoPac, proximity to the Domain and lots of new employers like Apple, we are smack dab in the middle of a high demand area.
So why all the craziness in the housing market?
It really is quite simple. Demand is significantly exceeding supply. For the past decade, the Austin Chamber of Commerce has been actively recruiting businesses to move to Austin, focusing…
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