Welcome to the latest Austin real estate market update from the local MLS®, courtesy of your friends at JB Goodwin REALTORS®.

The city of Austin is still a red-hot housing market, but signs are continuing to point to a slight cooling off. Total units sold for the year stand at 17,988 units, an increase of 3% compared to last year - inventory, however, has also dropped by 3%.

The median price of homes continues to rise with a 2% uptick!

Key stats to look out for:

• Inventory across Austin remains low at just 2.7 months
• Demand continues to rise, with a 3% increase overall compared to last year

Would you like your house to be the coolest on the block without feeling like you’re donating your paycheck to the local utilities company?

Then read on as we cover some tips and tricks to lower your home air-conditioning bill during the blazing Texas summer!

Let’s start with the lowest-cost, fastest options first:

1. Keep the Blinds Closed

Did you know closing the blinds can save you up to 7% on your electric bill and lower temperatures in your home by up to 20 degrees, according to website Family Handyman?

While you’ve probably felt the difference this makes at some point in your life, it’s nice to know what kind of return you can expect for your efforts here! For added savings, install neutral-colored blackout curtains to the south- and

On the heels of another record-setting year for real estate sales in 2018, San Antonio looks poised for continued – if slowing – expansion due to job growth and affordable home options.

Let’s run down what the experts are forecasting for the Alamo City as we approach 2020:

San Antonio Express News: "Not Enough SALT In High-Value Markets – Homeowners in high-dollar, high-tax markets will feel the effects of the late 2017 tax bill that limits deductions on state and local taxes (SALT) to $10,000 – a number easy to surpass in property taxes in some markets. Buyers in high-end markets may face regrets when tax time arrives."

San Antonio Board of Realtors [via CultureMap.com]: "Though the numbers are climbing, SABOR says this shouldn't dissuade

Take a look at the leasing statistics for July 2019 brought to you by the Austin MLS® - courtesy of the JB Goodwin Team.

This month brings good news for renters! Although the overall supply of rentals is still down from 2018, the number of units available have doubled since May 2019. Austin’s competitive market has certainly eased up this month with the demand for rentals down 2%.

Here are the key statistics for this month’s leasing report:

• Total leases are down 2%
• Total home leases are down 2%
• Median prices are level
• Single-family home leases are down 12%

Hot off the press! Read up on the latest happenings in Austin's charged real estate market courtesy of your friends at JB Goodwin! We've collected the latest statistics directly from the Austin MLS® - we've the done homework so you don't have to.

Signs point toward a bit of cooling of Austin's red hot housing market. Both median home prices and inventory remain level compared to 2018 figures. Total units sold are still up - 4% over May 2018.

Key Stats to Look Out For:

• Inventory remains low at a mere 2.6 months supply
• Demand continues to climb, up 4% compared to last year

Utilizing renewable energy is a great way to both lower your bills and reduce stress on the environment. Through some high and no-so-high-tech methods, there are more and more ways to efficiently save and even create energy.

1. Residential Solar Panels

As the efficiency of solar power technology increases and costs of installation decrease, more homeowners are adding electricity-producing panels on their roofs. Doing so often allows users to sell their surplus power back to their utility company and recoup their panel investment even faster.

With government entities sweetening the deal with tax credits and subsidized rebates, many homeowners are saying ‘yes’ to producing their own power.

2. Smart Energy

Thanks to technologies like

Join us as we dive into the latest leasing stats, direct from the Austin MLS® - courtesy of the JB Goodwin Team.

Supply is down and demand continues to rise - up 4.5% so far in 2019. Listing prices remain remarkedly level. If you're a homeowner looking to rent out your property, market conditions couldn't be more positive! There are roughly 200 units available across the city, and keep in mind JB Goodwin can get your rental filled 5 days faster!

Key stats to look out for:

• Total leases are up 4.5%
• Home leases are up 3%
• Property leases are down 6%
• Single-family home leases are down 3%

Take a look at the latest leasing report for April 2018, coming to you from the JB Goodwin Team!

Attention property owners! With supply down and demand up, it's still an incredible time to lease out that space. There are approximately 200 available units across the city, with occupancy sitting at around 93%. Keep in mind, if you are lookning to fill your rental space, we can find a tenant an average of 3 days sooner!

Key stats to look out for:

• Total leases are up 4%
• Home leases are level
• Property leases are down 7%
• Single-family homes leases are down 7%

Join us as we examine the latest developments in the Austin real estate market, using stats direct from the Austin MLS®. You can see the entire market trends for the month of March in the infographic below!

The median price of a home in the city is up slightly at $295,300, compared to $304,500 this same time last year. Demand remains level with supply on the rise. Despite an increase of 500 units over last year, overall supply remains at a low 2.4 months.

Key stats to look out for:

• 7,194 units have been sold, up 1.2% from last year
• 6,600 units are currently on the market, up 17% from last year

Have you heard the news… Austin is growing?

Local news station KXAN is now reporting that 27 new construction projects are currently in the works in downtown Austin alone!

According to KXAN, this includes:

• Six new high rises on Cesar Chavez, including a 46-story skyscraper overlooking Republic Square
• Along Waller Creek: A medical research facility that’s part of the Dell Seton Medical Complex and a 5,000-seat amphitheater at Waterloo Park
• Eight new hotels, including a 32-story tower off Cesar Chavez featuring a hotel and apartments, a new Marriott west of the Austin Convention Center and a 42-room boutique hotel in east Austin

They are even reporting that a new condo on Rainey Street is being budgeted at a cool BILLION