Austin Real Estate News

We’ve added another neighborhood profile to our Austin Neighborhoods Guide: Northwest Hills Austin. Although people often consider Northwest Hills to be the area that includes the neighborhoods of Cat Mountain, North Cat Mountain, Highland Hills, Lakewood, and Meadow Mountain, Northwest Hills is actually it’s own neighborhood. As its name implies, Northwest Hills is located just northwest of central Austin, south of Spicewood Springs Road and West of Mopac. An established neighborhood in a great location, Northwest Hills is family friendly with popular schools and parks nearby.

Learn more on our Northwest Hills Neighborhood Profile, or call our Realtors at 512.600.1800. Great Austin Properties would love to assist you in your Austin Home Search.

The Austin Board of Realtors (ABOR) compiles monthly statistics for the Austin real estate market. Below is a chart from ABOR showing data for the month of June 2009 as well as the summary posted by the Board.

July 20, 2009 – According to the June 2009 Multiple Listing Service report by the Austin Board of REALTORS®, the volume of single-family home sales in June 2009 was 2,135, down four percent from June 2008, and the median price was $199,900, unchanged from June 2008.

“We’ve seen the year-over-year gap in sales volume close steadily throughout 2009 and that momentum continues this month,” said Jay Gohil, Chairman of the Austin Board of REALTORS®.

Home prices in the Austin area have also continued to gain momentum from the beginning of the year. Over the first two quarters of 2009 (January 2009 to June 2009), the average sale price for a single-family Austin home has increased $20,824, while median sales price has increased $24,400.

Also, from January 2009, sales volume is up 61 percent and active listings are up 14 percent. “This signifies a healthy Central Texas real estate market and good news for both local home buyers and sellers,” said Gohil.

June 2009 Statistics
$537,981,570 was the dollar volume of single-family properties sold

$199,900 was the median price, unchanged from one year ago

2,135 was the number of homes sold, a 4 percent decrease compared to June 2008

The Austin Board of REALTORS® is a non-profit, voluntary organization representing more than 8,000 licensed REALTORS® in Central Texas.

Located at the corner of 2222 and MoPac, Highland Hills is a desirable Northwest Austin neighborhood thanks to its great location and established homes on tree-lined streets. We just created a new neighborhood profile for Highland Hills Austin where you can learn more about the community.

We hope to help you find a home in Highland Hills or in another Austin area neighborhood. The Realtors at Great Austin Properties are ready to serve you! Call us at 512.600.1800 to learn more and start touring homes today.

Davenport Ranch and Davenport West are two neighborhoods in West Austin that are popular for their great location off 360 near the Austin Country Club, as well as their beautiful surroundings and great school district. You can learn more about these great Austin neighborhoods by reading our just published Davenport Ranch Neighborhood profile and Davenport West Neighborhood profile. From our profile pages you can search for available homes in a specific neighborhood, or use the QuickSearch at the top right of any page on our site to search for homes in hundreds of Austin subdivisions.

Let us know how we can help you find or sell an Austin area home. Our full service Realtors are ready to help! Call Great Austin Properties at 512.600.1800 today!

We’ve just added three new Circle C Neighborhood Profiles: Circle Alta Mira, The Enclave at Circle C, and Circle C Vintage Place. As you may know, Circle C in Southwest Austin is one of Austin’s most prized master planned communities. As of this writing, there are 13 Circle C neighborhoods within the community, with future development still planned.

We also added two new Quick Search links for Circle C: Fairway Estates and Enclave Estates, though at this time there are no active listings for Enclave Estates.

Visit our Circle C Neighborhood Profile for an overview of the community, or call us at 512.600.1800 to see homes in the area.

Our search tool is always improving, so we thought we would let you know about the latest change we’ve implemented to make your Austin home search easier! You can now search by # of stories. From any of the Search Listings pages (see the main navigation on every page of our site), you’ll find “Stories:” under the Property Features area (see image below) where you can select No Minimum, 1 Story, 2 Story, 3 Story, or Multi-level.

We love how technology is making it easier for consumers to find homes to purchase, or understand the value of their current home. However, we hope you will also call on our experience as professional Realtors when you are ready to buy or sell. As Realtors with Great Austin Properties, we are constantly watching the market and are diligent in our efforts to help you find the best deal on an Austin home. Call us at 512.600.1800 – we would love to help make your next Austin real estate experience a rewarding process!

School is almost back in session, and if living in one of the nation’s top rated school districts is important to you, a home in Barton Creek West may be just what you are after. Located just off scenic Bee Caves Road, between the cities of Westlake and Bee Cave, Barton Creek West is a great, family friendly hill country community in the acclaimed Eanes Independent School District. Learn more by reading our new Barton Creek West Neighborhood Profile, and search for Barton Creek West homes for sale using our quick search on the profile page, or from any page on our site (see the top right corner).

Other neighborhoods in Eanes located near Barton Creek West Austin include Senna Hills, Palomino Ridge, Angelwylde, Crystal Mountain, and Seven Oaks.

Please let us know if we can help you find a home in Austin, or sell your current Austin area home. Our team of real estate professionals at Great Austin Properties is ready to serve you. Call us today at 512.600.1800!

For those of you interested in West Austin, we just created two new neighborhood profiles. Learn about Parkstone and The Woods of Westlake on our new neighborhood pages. Both communities are off Hwy 360 near the Lost Creek neighborhood, and kids from both neighborhoods attend Eanes ISD schools. This part of Austin is a beautiful place to call home with great shopping and restaurants nearby.

Let us know if we can help you buy or sell in Parkstone Austin, the Woods of Westlake Austin, or any other Austin area neighborhood! Call Great Austin Properties at 512.600.1800 today!

If you are looking for a home, location is no doubt an important factor in your decision making process. In fact, according to a study by Harris Interactive commissioned by Move, Inc., proximity to daily conveniences is one of the top three most important factors in choosing where to live.

Taking “proximity to daily conveniences” a step further is Walkscore.com, a great website that ranks the largest 40 US cities (and the neighborhoods within those cities) to help people find walkable places to live. While Austin overall ranks #29 out of #40, we do have plenty of walkable communities in our city. According to Walkscore.com, “18% of Austin residents have a Walk Score of 70 or above. 51% have a Walk Score of at least 50—and 49% live in Car-Dependent neighborhoods.”

So if walking just about everywhere you need to go is important to you, look for a neighborhood with a walkscore over 70. For example, Northloop is an extremely walkable neighborhood and ranks #14 out of 60 neighborhoods in Austin ranked by Walkscore. We just happen to have a great Northloop listing to give you an idea of a property with a great walkscore. Check out 5505 Avenue G at Walkscore.com. This charming bungalow has a Walkscore of 74 out of 100 making it “Very Walkable”. Check out a few photos of the property below, or see the full listing at here. We just dropped the price on this listing by $10K, so if Northloop looks like a great place to call home, be sure to check out 5505 Avenue G! From this home, you can walk to the hip shops and restaurants at The Triangle and in the Northloop neighborhood. Call us at 512.600.1800 to schedule a showing and learn more about walkable Austin neighborhoods like Northloop at Walkscore.com.