Mary "B"'s Austin Real Estate Blog

I am starting to store more and more files and photos on my Flash Drive; it's very convenient. Recently though, I lost all the information on my flashdrive in the blink of an eye.  My mistake was that I simply pulled the flashdrive out when I was done.  I felt terrible, so I thought I'd pass alon...

I have spent a day hearing about an oil company losing 2 Billion for the quarter and blaming it on falling oil prices.  I've heard about upwards of 900 Billion in bailout money being released to help banks and large companies.  I have missed the news about the consumer that got some relief. We ne...

The overall Austin market: -        Compared to this time last year, the number of single-family homes sold in the Austin area dropped by 20%.  The average sales price for single family homes is stable at $247,924. The median price, however, is up 3% to $190,000 over last year. -        The total...

This year, 30 properties have sold in Oak Forest Subdivision. The sales ranged from $196,900 to $355,000 with the average being $273,383 or $136.69 per sq. ft. Currently, there are six homes on the market for an average price of $286,617 or $138.67 per square foot. During 2007, 49 properties sold...

This year, 9 properties have sold in Windridge Subdivision. The sales ranged from $320,000 to $525,000 with the average being $385,067 or $145.62 per sq. ft. Currently, there is one home on the market for $335,000. During 2007, 6 properties had sold for an average price of $369,500 which was $149...

This year, 25 properties have sold in Barrington Oaks Subdivision. The sales ranged from $173,630 to $290,000 with the average being $219,974 or $125.99 per sq. ft. Currently, there are 4 homes on the market for an average price of $236,833 or $129.03 per sq. ft. During 2007, 32 properties had so...

This year, 4 properties have sold in Balcones Oaks Subdivision.  The sales ranged from $210,000 to $305,000 with the average being $272,500 or $138.77 per sq. ft.  Currently, there are no homes on the market. During 2007, 6 properties had sold for an average price of $293,400 which is $120.84 per...

The Round Rock Real Estate Market: The average price in the Round Rock area is up 2% from a year ago to $215,616. Single-family home sales are down 18% when compared to this time last year. The months of inventory is down slightly to 4.6; I feel that a balanced market is 4 months, so currently th...

The Cedar Park & Leander Real Estate Market:   The average price in this area is up 4% from last year to $207,036.  Single family home sales have decreased 17% for the year and the months of inventory has dropped slightly to 4.6 months, which slightly favors buyers.  The number of active listings...

The North & Northwest Market:   The average price in North and Northwest Austin for November 2008 compared to 2007 is down 5% to $310,738.  Single family home sales in this area are off 24% compared to last year.   Active listings are up 35% from a year ago to 373 units; this represents 3.7 month...