Compass Went Public!
Photo Location: New York Stock Exchange | Photo Credit: Compass
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Happy Thursday, Y’all! If you've been paying any attention at all, you know 2021 has been record-breaking for Austin real estate. With the latest jumps in home prices, many people are curious about their current home value. I want you to know that this is something I can always help you with, even if you're not planning to sell anytime soon. The first option is that I can prepare a Home Valuation report for you, which includes details about recent sales and my opinion about what your home could sell for in the current market. The other thing I can do is create a Collection on Compass.com that enables you to monitor the home sales activity in your neighborhood. I'm a big believer in knowing the value of your home and any other asset you own, for that matter. You can consider me your resource when it comes to staying current with your real estate values. Text or email if you or someone you care about would like either of these options! See the link below for my contact info.
I hope you have a lovely holiday weekend if you celebrate Easter or that you already had a lovely weekend last weekend if you celebrate Passover! Please remember to enjoy this gorgeous weather to the fullest before those pesky mosquitos start buzzing!
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Austin Homes Sell for More Over Asking Price Than Any Major U.S. City, Report Says
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No April Fool’s jokes here — Austin’s housing market remains hotter than ever, and according to a new report from Redfin, Austin homebuyers are willing to pay the highest premium of all U.S. metro areas analyzed in the past month.
A recent article by KXAN discusses this further, stating that “according to the report, homes are selling for 7% over asking price. An average Austin home listed at $400,000 sold for $428,000 from Feb. 14 to March 14. A year ago, homes in Austin were selling nearly 1% below asking price, the report says.”
The major influx of people moving to Austin has certainly made a direct impact on these market numbers.
“The average person looking to move to Austin has a $852,500 home-buying budget, Redfin’s report says, and that’s 32% more than current Austin residents looking to buy a home.”
Click here for the full coverage on this Redfin report from KXAN.
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Want to learn how to succeed in this crazy Austin housing market? I can help you achieve your real estate goals. Reach out!
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Your Guide to All Things
New & Noteworthy
in Austin
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New South Austin Community Unlocks Doors to Tiny Homes for $1,500 a Month
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With home prices in the city of Austin approaching $500,000, local residents are clamoring for affordable housing. An Austin startup thinks it has devised an inventive alternative: a community in South Austin with dozens of microhomes available for rent. The startup, Casata, has started construction"
... keep reading.
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'Dazed and Confused' Cast Reunion Will Hit Alamo Drafthouse Screens
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Name a movie that is more indicative of Austin than local Richard Linklater's "Dazed and Confused." We'll wait.
Celebrating nearly 30 years of iconic one-liners and historic sights on the big screen, Alamo Drafthouse is bringing "Dazed and Confused" back to the big screen
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... keep reading.
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Top Picks for Things to Do
April 2-4
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Neill-Cochran House Museum Presents Annual Easter Egg Dye-O-Rama
Enjoy some good ol’ Easter family fun at The Neill-Cochran House Museum this weekend! They are hosting an exciting outdoor holiday event full of Easter egg dying, scavenger hunts, self-paced tours, lawn games and more. Visitors can also go inside the museum to check out their new “Hope for Spring” exhibit. Get the full details here.
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Long Live Music Series
Enjoy the magic of live music once again! Long Center for the Performing Arts and Luck Reunion are presenting a “Long Live Music” series, which aims to bring back the excitement of Austin’s amazing live music scene in a socially-distanced format. This weekend, musical artists Nikki Lane & Jade Bird with Sir Woman and the Blind Boys of Alabama will be performing! Learn more here.
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Compass Ranks High!
We are so proud to announce that Compass has been named #1 independent and #2 overall brokerage in the U.S. by sales volume! We are honored to be a part of such an amazing and innovative brokerage company that truly strives to help everyone find their place in the world. We are excited and look forward to what the future holds for both Ellevé and Compass!
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Cheers to our clients! Their gorgeous North Austin home recently went under contract with multiple offers AND $200,000+ over asking price! Incredible! We are thrilled we could help our clients exceed their real estate goals right here in Austin.
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4 Bed | 3 Bath
Representing Seller
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© Compass 2021 ¦ 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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