Austin Mural Photo Credit: Kerbey Lane Cafe
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Happy Thursday, Y’all! For my fellow Austinites, I hope you all have been staying warm with this cold weather… only in Texas can it go from 80 degrees to 30 degrees in ONE day! While temps are lower, the demand for inventory in the area is getting even higher. The real estate market remains hot and economic growth isn’t stopping anytime soon, which in turn means we will keep seeing increased housing interest. ABOR’s latest market stats for January year-over-year are here, so please see below for these stats and more detail about what’s happening in the current market!
We know a lot of potential buyers and/or sellers have many questions right now on how to navigate Austin real estate, and my team and I would like to help and be a trusted resource! With this, I’m excited to announce that starting next week, Ellevé will be doing a 30-minute “Lunch with Lauren” Zoom series covering the most pressing real estate topics. We'll be sharing our insider knowledge and expertise on all aspects of the home buying and selling process. We want our clients and followers to feel confident and competent in their real estate ventures, and our hope is to make these Zoom sessions a beneficial resource to all!
So next Tuesday, March 1st, at 12:30 p.m., will be our first “Lunch with Lauren” session, and the topic will be, “How to make a cash offer… even when you don’t have any!” We’ll be sharing our strategies, and feel free to attend and just listen or also ask any questions.
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The Latest Austin
Market Report is Here!
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The the latest Austin housing market stats for January are here, showing the latest year-over-year (YOY) housing insight for the city of Austin.
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In the city of Austin, the median home price rose 20.9% year over year to $550,000 — a record for the
month of January. Home sales decreased 10.6% to 711 sales, while sales dollar volume increased 2.6% to
$465,738,899.
During the same period, new listings decreased 18.3% to 784 listings, active listings dropped
37.7% to 362 listings, while pending sales also dipped 7.2% to 960 pending sales. Monthly housing inventory
decreased 0.2 months year over year to 0.3 months of inventory.
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Want to discuss these market numbers further, including the best expert strategies for buying and/or selling around Austin at this time? Reach out!
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Your Guide to All Things
New & Noteworthy
in Austin
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Austin Praised as One of America’s Friendliest Cities by Condé Nast Traveler
"T
ourists are giving a well-deserved tip of the hat to the Capital City.
Austin just squeaks onto a new ranking of the 10 friendliest U.S. cities based on responses to Condé Nast Traveler’s 34th annual Readers’ Choice Awards survey, landing at No. 10.
Condé Nast Traveler praises Austin residents for its
" ... keep reading.
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TikTok to Join Other Tech Giants with Move into Downtown Austin Tower
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TikTok is the latest social media platform building roots in Austin. The Austin Business Journal reports that the video-sharing app has signed a lease for 125,000 square feet of downtown office space.
With this move into 300 Colorado St., TikTok is set to join Meta and Google with a downtown
"
... keep reading.
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Top Picks for Things to Do
Feb. 25-27
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Landmarks Presents Songs in the Skyspace
ZACH Theatre will present a weekly concert series, Songs Under the Stars on The People’s Plaza. This weekend, for
Feb. 26-27, the show will be Disney Through the Decades (performance at 2:30 pm) and for
Feb. 25-26, an '80s Dance Party (performance at 7:30 pm) Learn more and get your tickets
here.
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Bloody Mary Festival
The largest event of its kind, The Bloody Mary Festival brings together the most innovative and crafty Bloody Mary mixes, curated by its team of Bloody Mary aficionados and made by local bars and restaurants. Guests will have the opportunity to taste them all before voting. Proceeds will benefit The Boneshaker Project. Learn more here.
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Meet our newest team member, Ashley Czech! She will be taking over as our Team Executive Assistant, helping to strengthen our internal processes and client relationships. Here's a little more about Ashley:
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Ashley, who was previously an Ellevé client, was raised in Texas and spent the last several years in the Hospitality and Management industry and in Facility Management and Operations. Outside of work, she enjoys spending time with her husband and kids, and she loves cooking and horseback riding! Ashley's the perfect fit for this role, and we're so excited to have her on the team!
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... And We're Hiring, Too!
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As Ellevé continues to grow, we are currently looking for a Licensed Realtor to join our dynamic team! We appreciate our relationships with all of our clients and followers, so we would love to hear from any of you who might know someone that would be interested in this role and would be a great fit for our team!
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Cheers to our amazing clients! They just closed on a gorgeous 4-bedroom brick home in Pflugerville! We are so excited for these clients and are thrilled to have been able to help them snag this beauty.
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2813 Kickapoo Cavern Drive
4 Bed | 2 Bath
Representing Buyer
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© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC
The information contained herein does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. All of the financial projections and/or conclusions are provided for illustration purposes only. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This represents an estimated sale price for this property. It is not the same as an opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.
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