Austin Real Estate News

New Cedar Park Quick Searches

Written by sreilly in Austin Home Listings News  |  Add Comment »

We just added Anderson Mill West, Bella Vista, and Bellamy Garden Homes to our neighborhood quick searches. Check out these popular Cedar Park communities by using the “Select a Neighborhood” quick search box on any of our search pages, or click a link below:

Anderson Mill West

Bella Vista

Bellamy Garden Homes



Austin in Top 5

Written by sreilly in Austin Economy, Austin News  |  Add Comment »

Austin continues to make lists of great places to live, this time appearing in Yahoo!’s “5 Places with Good Jobs and Cheap Housing”.  The author gathered data from the U.S. Office of Management and Budget, the U.S. Bureau of Labor Statistics, Forbes, CNN, and Sperling’s Best Places to create the list.  Read the full article on Yahoo! at http://tinyurl.com/3t87vvc.



Pflugerville ISD in Quick Search

Written by sreilly in Austin Home Listings News  |  Add Comment »

We just updated the quick searches across our site to include schools in the Pflugerville Independent School District. You’ll find the quick search on the home page overlaying the rotating images, and on every search page. To search by school using the quick search, just select the “Select a School” drop down, find the district in which you are interested (they are listed alphabetically), and select a school or district to search. You have always been able to search by Pflugerville ISD, but we hope that by adding it to our quick search we’ve just made it easier!

If you want to see a home in the Austin area, please call us at 512.600.1800. One of our experienced agent would love to assist you!



Austin Home Sales Data February 2011

Written by sreilly in Austin Home Sales Stats  |  Add Comment »

The Austin Board of Realtors (ABOR) recently released info from the MLS about the Austin housing market. Here are the details:

  • Active Listings: 8,605 homes on the market in February 2011; 9,335 homes on the market in February 2010 (down 8%)
  • Median Home Price: $193,000 in February 2011; $190,000 in February 2010 (up 1.6%)
  • Average Sales Price: $$244,382 in February 2011; $$244,220 in February 2010 (statistically unchanged)
  • Homes Sold: 1,112 homes sold in February 2011; 1,115 sold in February 2010 (statistically unchanged)

The report from ABOR also notes that there are 24% fewer new listings and 11% fewer pending sales in February 2011 as compared to February 2010. These numbers mean buyers have fewer homes from which to choose, and sellers will have to be patient for their buyer with homes spending an average of 98 days on the market. We expect activity to pick up as we are getting into the typically busy Spring and Summer selling seasons.

For more information about the Austin real estate market, please call Reilly Realtors at 512.600.1800. We would love to give you our insight into the Austin market and help you with your home sale or purchase in the area.



Austin Home Sales Up 14%!

Written by sreilly in Austin Home Sales Stats, Housing Market  |  Add Comment »

Today’s Austin American Statesman reports that “Austin-area existing home sales were up 14 percent last month compared to a year earlier” (see Home Sales Improving). Over the last two months, our brokerage has seen the increase, and we’ve noticed fewer homes than normal on the market. The improvement in the economy and the popular Spring buying season lead us to believe sales will continue to increase. These factors also mean that great deals are disappearing quickly, so buyers need to know the market and act fast when a potential home becomes available.

Having a Reilly Realtor on your side in a tightening market could mean finding THE house before others do. And if you are considering selling, let our marketing and sales skills go to work for you. Call us at 512.600.1800 and let us know how we can be of service!



New Look for AustinHomeListings.com!

Written by sreilly in Austin Home Listings News  |  Add Comment »

Welcome to the new AustinHomeListings.com! We just completed an udpate to the look and feel of AustinHomeListings.com and hope you like it!

AustinHomeListings.com is still a service of Reilly Realtors, a local Austin residential real estate firm. The site also still provides you with the same great search tool and neighborhood information – with no changes to the saved searches and user information you may have created using our site. We have simply updated the look and added a few extra pages.

Let us know if you have comments…we would love to hear from you!



Austin Makes the WSJ Weekend

Written by reillyrealtors in Austin News  |  Add Comment »

We love hearing about Austin in the news, and this weekend the Wall Street Journal published a nice view of Austin on the front page of its Life and Culture section. SoCo, the Broken Spoke, Allen’s Boots, Jo’s Coffee, Fonda San Miguel – all were mentioned in this hour by hour look at spending a long weekend in our favorite city. Read it here: Take Monday Off: Austin. What we liked most was the lead-in:  “The Brookings Institution recently found the capital of Texas to be the country’s most popular destination for the 25-34 demographic.” Not that age matters – we just like seeing that people all over love our city…that’s good for all sorts of Austin businesses, it’s good for Austin home sales, and it’s proof that Austin has it going on. Love that.

Interested in making Austin home? Let us know. Call Reilly Realtors at 512.600.1800 and we’ll help you get to know our great city…or if you already live here, we’ll make your home sale or purchase a great experience.



Belvedere Lots Going Fast!

Written by reillyrealtors in Austin Neighborhoods  |  Add Comment »

We’ve written about the gorgeous Belvedere neighborhood off Hamilton Pool Road in the past and are still impressed with this well run community minutes from the thriving Bee Cave/Lakeway area. With a total of 223 home sites (some already have houses on them), this master planned luxury community has acreage home sites starting at around $125K and homes from the $800s to almost $2 million. And while other luxury neighborhoods in Austin are slowing down in sales, Belvedere is going strong! Sales this year include 8 homes and 15 home sites, with 3 lots currently under contract. Note that these numbers don’t include lots sold directly from the developer since they are not listed in the MLS, so actual sales of Belvedere real estate is even higher.

We have a great home site available in Belvedere right now at a great price. At $139K, the home site at 18009 Flagler Drive is a flat 1.2 acres with a greenbelt view. “Flat” is key since it means every bit of the home site is usable, and foundation costs will not kill your custom home budget. Learn more about the property at Belvedere Lot for Sale or tour the property with a home site expert at Reilly Realtors by calling Michael Reilly at 512.600.1800.



Austin Among Most Dynamic in World

Written by reillyrealtors in Austin Economy, Austin News  |  Add Comment »

A recent article on The Atlantic website lists the “30 Most Dynamic Cities in the World” and Austin makes the list. In fact, Austin was the only American city to make the list and only one of three cities in the developed world to rank. Reasons? Austin has not been hit as hard as most places by the recession and the housing market here is still strong. Austin benefits from being the seat of the Texas government, home to the University of Texas (and therefore home to jobs in education and research), and a draw for high-tech businesses.

That’s good news for us…and another reason why buying and/or selling Austin real estate may be a great move for you. Let Reilly Realtors know if you are ready to buy or sell in the Austin area. Our expert Realtors would love to hear from you. Call us at 512.600.1800 today!



New Neighborhood in Bee Cave Area

Written by reillyrealtors in Austin Home Listings News, Austin Neighborhoods, New Homes  |  Add Comment »

A new neighborhood off Hamilton Pool Road in West Austin’s Bee Cave / Lakeway area is now open for sales – learn more about the community on our new Rocky Creek Neighborhood Profile page. Here’s a quick overview of the community:

  • All new construction
  • Current builders are Highland Homes and Drees Homes
  • Prices range from the low $300s to just under $600,000
  • Home sites are 70 feet, 80 feet, or 110 feet wide
  • Around 150 sites are now available, ultimately Rocky Creek will have about 400 homes
  • 4.5 miles down Hamilton Pool Road, making it about 6 minutes from the Hill Country Galleria, and 25-30 minutes to downtown Austin
  • Community Pool scheduled to open Summer 2011

Reilly Realtors has completed one of the first contracts for a new home in Rocky Creek, so we know the neighborhood and builders quite well. Our experience with new construction is unparalleled, so give us a call at 512.600.1800 to learn more about Rocky Creek.