The JBGoodwin team perusing over the Austin real estate MLS statistics

January 2018 real estate statistics for Austin are in. It looks like Austin can expect continued real estate appreciation, despite a few dips in average home sale costs from the same month last year.

The average cost of sold homes in January dropped from $293,200 in 2017 to $289,500 this year. However, December 2017 sales were up 11% from the previous year, emphasizing the continued average growth of home values in the area.

Other highlights:

  • Inventory is up 3% from last January
  • Total units sold is up 9% from last year
  • Inventory is still down from 2010's supply highs

Want to learn more about the Austin real estate market? Get in touch with the JB Goodwin team today!

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JBGoodwin team crunching Austin real estate statistics

The JBGoodwin Team Does It Again...

JB Goodwin successfully gets homes leased faster than the MLS again for another month as demand remains level and the supply of properties in Austin gains nearly 500 more properties over 2017’s numbers.

Take a look at some of the key statistics below:

  • The total number of properties for lease is up a dramatic 20% over 2017.
  • The total number of leases closed however dropped three percent, which means that it could be more difficult for prospective landlords to lease their property out as quickly as the past.
  • There are 27% more single-family detached homes that are available for lease than there was in February 2017.
  • The price per square foot for apartments and other properties dropped 6 cents per…

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Today we're celebrating a new milestone at JB Goodwin: the launch of our new website!

Our priority is to help people. We do this by focusing on the buyers and sellers we work with, putting their needs first and foremost. This priority is no different when it comes to building new technology, and our clients were the inspiration that fueled this project.

We're proud of the new site and think you're going to love it as much as we do. It's bright and colorful, super easy to use, and will help you find the info you're looking for in just a couple clicks.

Let's talk about a few of our goals with this new design:

Save time with streamlined navigation and user experience

First and foremost, looking up real estate should be easy! We want you to be…

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San Antonio real estate views

It’s the start of another great year in Alamo City.

In 2018, San Antonio home values are appreciating and the allures of owning Central Texas real estate keep getting better and better. Our food scene is booming and the culture in San Antonio is more vibrant than ever.

If you’re considering a move to San Antonio in 2018, there are several things you may want to consider as you look to buy or lease in the area. We put together a San Antonio real estate preparation blog to kick off all this year’s real estate decisions.

It’s impossible to predict exactly what the real estate market will do in 2018, but by using aggregated information--and our own internal data-- you can equip yourself for real estate success and stability.

Here’s what you should know about San…

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JB Goodwin Realtors combing through Austin rental statistics

2018 has started off with a bang for property leases in Austin with the total number of available properties rising, largely due to an almost insatiable demand from the market.

The properties that are being leased in December 2017 are larger compared to those available in December 2016, which has led the overall price per square foot to decline slightly.

That shouldn't come as a surprise, however. The number of new construction apartments that were available at the tail-end of 2017 was at a low not seen since 2013 but the number of single-family homes for rent in Austin had grown by 19%.

JB Goodwin's leasing specialists were strong again, with the average listing renting out 2 days faster than the MLS median. Take a look at the full leasing…

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Well, December 2017 was another wild ride according to the Austin Leasing Statistics.

Between June 2013 and June 2017, the number of apartments that are occupied has dropped four percent exactly. But this is almost definitely because of additional supply coming on to the market.

In fact, between 2016 and 2017, the market saw 600 more units become available for lease, which must have been like music to those searching for a lease as their number grew by a whopping 9%, which was more than double of 2016’s numbers. The trend for those who listed their leasehold property with JB Goodwin REALTORS continued too, with a JB Goodwin property being occupied and closed four days faster than the average property on the MLS.

See more of the Austin Leasing…

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2017 Has Been Good for Austin Real Estate Growth

Although demand has continued to dip throughout 2017 and inventory throughout the year has continued to climb, the median price of a home in Austin has steadily gained traction. In fact, the median price of a home in Austin has steadily climbed since 2013.

However, after years of continued growth in the 7-9% region, the market price has slowed to just 5% between 2016 and 2017.

Whether you're thinking of buying a home in Austin or are looking to sell your home in Austin, contact the experts at JB Goodwin.

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Austin Leasing Statistics

November 2017

Despite demand more than doubling between 2016 and 2017, the base price for a lease in Austin has remained relatively flat, which is great for both renters and landlords. Since 2013 the rate of apartment occupancy has been on a steady decrease, which is a trend that continued in 2017. That being said, landlords can expect that listing their apartment for lease with JB Goodwin means that their property has the greatest opportunity to be occupied.

    • Demand has risen 8.5% in 2017
    • Price has remained steady for 2017
    • JB Goodwin listings have been on the market 5 days less than the MLS average
    • 3,000 fewer apartments between 2016 and 2017 (to date)

Are you a landlord looking to have your…

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The Austin real estate market is one of the most explosive markets in America. Austin's growing reputation as one of the most livable cities in America has luxury-seekers flocking to the city, looking to become a part of this hot trend. This has led to an increase in luxury condos for sale in Austin—designed to impress even the most discerning buyers.

Austin, TX condos for sale are in some of the best buildings in the country. These world-class structures provide hundreds of residents with top-notch services and state-of-the-art features and fixtures within each iconic unit. It is not just the penthouse suites that have the best interior space and views. Careful thought was put into every inch of these towers to maximize the experience for the…

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