Austin Mural Location: 90 Rainey Street Photo Credit: Austin.com
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Happy Thursday, Y’all! March has been so eventful – from SXSW to Daylight Saving Time and rodeo season, it’s been a great month. And it got even better for my team this past week, as our brokerage company, Compass was just declared the #1 largest brokerage in the United States in terms of closed sales! In less than 10 years, Compass has swiftly made its way to the top in the industry, and I couldn’t be more proud!
I can confidently say our referral network is officially the best in the U.S., and with access to Compass’s cutting-edge technology and exclusive resources, my team and I are able to provide the best support possible for our clients. We look forward to continued success ahead!
And while we are looking ahead, the popular springtime buying season is just revving up. I've included the latest market stats for Austin below, and if you have any real estate questions or want to discuss what’s happening in the current market further, then let me know! I’m always here to help.
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The Latest Austin Housing Market Stats
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The the latest Austin housing market stats for February are here, showing the latest year-over-year (YOY) housing insight for the city of Austin.
In February, home sales increased 2.5% to 834 sales, while sales dollar volume increased 20.2% to $578,876,715. At the same time, median price rose 15% to $565,000, a record for the month of February. Last month, new listings increased 10.2% to 887 listings, active listings dropped 26.8% to 371 listings, while pending sales also rose by 6.6% to 873 pending sales. Monthly housing inventory decreased 0.1 months year over year to 0.3 months of inventory.
See below for a quick snapshot of these latest stats.
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As for the job market, Austin's market is still going strong and is ranked as one of the top-performing metro cities for jobs and job availability in the U.S. Interested in learning more? Get the full stats on the latest job market from Austin Chamber here.
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Want to discuss these 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 Deemed One of the Country’s 25 Best Cities to Live in for 2022
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Austin is garnering some flattery for a fact locals embrace: It’s one of the best cities to settle down in in the country.
Website Niche.com’s new ranking of the best U.S. cities to live in puts the Austin metro area at the No. 25 spot with an overall grade of A. Nearby Round Rock scored the
"... keep reading.
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Anticipation Around Gigafactory Grand Opening Grows with Tickets on Sale for Tesla Con Texas
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Tickets are on sale for Tesla Con Texas, an event Tesla enthusiasts are hosting alongside the April 7 grand opening of the gigafactory in southeast Travis County.
The Tesla Owners Club Austin announced last month that the event will be held April 5-8. The main event will be from noon to 6 p.m.
"
... keep reading.
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Top Picks for Things to Do
March 25-27
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Austin Spring Home & Garden Show
The Austin Spring Home & Garden Show will welcome back homeowners and garden enthusiasts and invite them to meet with and learn from the top home and garden industry experts in Texas. With over 200 booths to explore and several unique feature displays to enjoy, this is a valuable event for all Austin homeowners. Click here for tickets!
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Round Rock Arts and Culture Presents Round Rock PopUp Art Show
Visitors can shop for unique and original artwork by local and area fine artists at the Round Rock PopUp Art Show this Saturday! The event will feature over 12 artists, who create original artworks in a variety of mediums. Some of them will also be doing demonstrations of their art-making. Click here for more info.
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151 Blushing Drive, Buda, Texas
4 Beds | 4 Baths | 2,739 SF | $629,900
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Gorgeous 4-bed, 4-bath home in fast-growing Buda! This stunning turnkey home is highly spacious, with a grand staircase entrance, vaulted ceilings and an open concept main floor with wood plank tiling that brings in tons of natural light throughout.
The sizable and open kitchen is a dream for cooking and entertaining and features a big kitchen island, quartz countertops, a pristine white tile backsplash, generous gray shaker cabinets, a desirable gas range stove and stainless-steel appliances.
Click here for the full listing and virtual tour, and contact me if you'd like to schedule a tour!
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Congrats to our clients for going under contract on a stunning and spacious new home in Austin! We are so thrilled we could help them find and secure this beauty, and we can't for them to enjoy their new home for years to come!
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12100 Hanging Valley Drive
4 Bed | 3.5 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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