June 2018 Austin Market Report

We've just passed the halfway point of 2018, and Austin's real estate market is continuing to be one of the busiest in the country. Most counties in Central Texas saw a decrease in single-family home sales, with the Austin-Round Rock area down 3% to 3,299 homes sold while the median home price rose 5% to $326,000. Despite the continuous rise in prices, pending sales for June increased by 8%. The month of June also yielded an increase in total dollar sales volume to $1.4 billion. The home inventory level for the Austin area saw a slight decrease with 2.9 months of inventory available. Check out the newest numbers from the Austin Board of REALTORS® for June:

June 2018 Austin Area Market Statistics

  • 3,299 single-family homes were sold this June -

Best Parks in the Austin Area

It's a great time of year to get out and explore all that Austin has to offer! From small neighborhood parks to parks that span several hundred acres, there is no shortage of outdoor fun in the Austin area. Check out our list of the best parks in and around Austin and what exactly makes them so special.

Park Location Why You'll Love It
Bee Cave Central Park Bee Cave Multiple play structures, walking trails, and basketball courts all provide endless fun near other Bee Cave features like the Hill Country Galleria and Bee Cave Sculpture Park.
Dick Nichols District Park Southwest Austin From the pool, tennis courts, to the splash pad, there's a little something for everyone here. The playscape is also covered by a

4th of July Austin Fireworks

One of the most exciting ways to celebrate Independence Day is watching fireworks light up the sky. From Kyle to Georgetown, residents will have plenty of opportunities to catch a dazzling fireworks display this July 4th; you may be able to see some right from your own backyard! In addition to fireworks, many Austin area celebrations will offer carnival games, food, live music, and parades to celebrate the 4th of July. While most of the events on our list are hosted on Wednesday, July 4th, a few will start the celebrations early on Tuesday, July 3rd.

Here's where you can see fireworks in the Austin area this July 4th:

Austin

HEB Austin Symphony July 4th Concert and Fireworks - Celebrate Independence Day at Austin's longest-running fireworks

Things to Do in Austin in July


There are tons of fun things to do this month in Austin! Zilker Park's annual summer musical begins on July 6th with an 8:15 pm performance of All Shook Up and continues through the month. Enjoy a free concert every Sunday at The Long Center, and head to Circuit of the Americas on July 14th to sip a cup of coffee at the car show. If you want to stay cool, NLand Surf Park is hosting a 4th of July celebration, or you can take a dip in the pool at the East Communities YMCA on July 28th. Don't forget to check our blog on 4th of July fireworks in Austin for even more fun things to do!

Event Date Location / Time
Website
Free First Sundays at Bullock Texas State History Museum July 1 Bullock Texas State History Museum / Sunday

Reasons to Buy a Home in Summer

The days are getting longer and the Austin real estate market is certainly getting hotter! Summer is the most popular time to buy and sell homes - so why buy now rather than waiting for the weather (and the competition) to cool down? See below for our top 3 reasons you should buy a home in Austin during the summer!

More inventory to choose from. With many sellers choosing summer to list their homes, this is the time when you'll have the most to choose from! Especially in the hot Austin real estate market, it's not unusual for there to be upwards of 10,000 new listings per month (check out our Austin home sales stats for even more info). You may even be able to score a deal from a more motivated seller looking to beat all the competition.

Get to

We're One of the Best Places to Work in Austin - Again!

We are excited to announce we are ranked among the top three best places to work in Austin by the Austin Business Journal for the fourth year in a row! REILLY, REALTORS® was named the #2 for medium-sized companies, which consists of businesses with 50 to 249 employees. Hundreds of companies were originally surveyed, and the winners were chosen based exclusively on anonymous feedback from their employees. We’re exceedingly grateful to our amazing team for their commendations that made this achievement possible!

We believe what sets us apart from the competition is the commitment we have to our agents. Our dedicated Agent Services team is always available to our agents for assistance, training, tech support, and marketing services, to name a few.

May 2018 Austin Market Report

With increases nearly across the board, Austin's real estate market is nearing its busiest time of the year. Most counties in Central Texas saw an increase in single-family home sales, with the Austin-Round Rock area up 4% to 3,210 homes sold while the median home price rose 5% to $325,000. Despite the continuous rise in prices, pending sales for May increased by 7%. The month of May also yielded an increase in total dollar sales volume to $1.3 billion. The home inventory level for the Austin area saw a slight decrease with 2.7 months of inventory available. Check out the newest numbers from the Austin Board of REALTORS® for May:

May 2018 Austin Area Market Statistics

  • 3,210 single-family homes were sold this May - 4% more than May 2017
  • The

What to Keep After Buying a Home

It's easy to become overwhelmed by all the tasks that need to be completed before buying a home, like paperwork, appraisal and inspection, and finally moving. Once all is said and done, it can be tempting to start with a clean slate - but there are some important things you should be keeping at your new home that will help you be a successful homeowner. Check out our recommendations for what to keep after closing below, and also be sure to visit our Contract to Close Checklist and New Homeowner's Checklist for even more tips!

Real Estate Documents - While your closing company is required to keep a record of your closing documents, it's still a good idea to hold onto your own copy and keep them somewhere safe. Your buyer's agent agreement, purchase