Austin Market Report 2020 First Quarter January - March 2020
AUSTIN MARKET REPORT 2020 FIRST QUARTER
About the Data The study includes all residential home sales in the towns indicated in the report by the Austin Board of Realtors Multiple Listing Service. Including single family and condominiums. Does not include townhouses, land, commercial, rentals, or off-market transactions Each area is a separate area designated by the ABOR MLS but is highlighted with a dominate city or neighborhood for reference. The smaller amount of transactions data for some areas can lead to large swings that do not necessarily point to a trend in one directions or another. All information provided is deemed reliable, but has not been verified & we do not guarantee it.
Š 2020 Troy Schlicker
Subject to Errors and Omissions
Source: ABOR MLS
CONTENTS
MARKET REPORT 2020 FIRST QUARTER
Allandale/Crestview/Highland
Mueller/Windsor Park
Barton Creek/Southwest Austin
North Central Austin
Barton Hills/Zilker
Northeast Austin
Cedar Park
Northwest Austin/Anderson Mill
Circle C Ranch/Oak Hill
Northwest Hills
Downtown
Onion Creek/Southeast Austin
Dripping Springs/Bear Creek
Pflugerville
East Austin
River Place/Steiner Ranch
Georgetown East
Riverside/Montopolis
Georgetown West
Rollingwood/West Lake Hills
Great Hills/Jester/Riata
Rosedale/North Loop/Hyde Park
Lago Vista/Jonestown/Volente
Round Rock East
Lake Austin Waterfront
Round Rock West
Lake Travis Waterfront North
South Austin
Lake Travis Waterfront South
Sunset Valley/South Congress
Lakeway/Bee Cave
Tarrytown/Clarkville
Leander
Travis Heights/South Lamar
Liberty Hill
University of Texas
Lost Creek/Rob Roy/Senna Hills Wells Branch/Scofield
COMMENTARY MARKET REPORT 2020 FIRST QUARTER
The Austin housing market remained strong during the first quarter of 2020. The number of home sales increased over the same period in 2019 as did the average home price, while days on market decreased. There were no impacts to the Austin housing market due to the COVID-19 global pandemic in the first quarter. We have seen a slow down in the number of homes being sold in the early part of the second quarter but home prices have remained steady or continued to increase in all areas of Austin. We may start to see larger impacts to the housing market throughout the second quarter which could even keep home prices level. However due to the extreme limited inventory of homes there is a very realistic chance of having a sharp increase in home prices if many of the buyers who have put their searches on hold come back into the market over the spring and summer. The data shows that Austin is still a very strong housing market, and our local economy and housing market have handled the global health crisis better than many parts of the county.
Troy Schlicker Troy Schlicker
FIRST QUARTER REVIEW TRAVIS & WILLIAMSON COUNTY
SINGLE FAMILY & CONDO Total Sales – YTD
6361 (+6% change from 2019)
Sales Price Average
$411,971 (+6% change from 2019)
Sales Price Median
$335,000 (+9% change from 2019)
Median Days On Market
26 (-37% change from 2019)
ALLANDALE/CRESTVIEW/ HIGHLAND SINGLE FAMILY & CONDO Total Sales – YTD
117 Sales Price Average
$497,392 Sales Price Median
$465,000 Median Days On Market
11
BARTON CREEK/ SOUTHWEST AUSTIN SINGLE FAMILY & CONDO Total Sales – YTD
79 Sales Price Average
$669,070 Sales Price Median
$509,000 Median Days On Market
15
BARTON HILLS/ZILKER
SINGLE FAMILY & CONDO Total Sales – YTD
48 Sales Price Average
$830,994 Sales Price Median
$735,000 Median Days On Market
22
CEDAR PARK
SINGLE FAMILY & CONDO Total Sales – YTD
194 Sales Price Average
$375,745 Sales Price Median
$358,500 Median Days On Market
5
CIRCLE C RANCH/OAK HILL
SINGLE FAMILY & CONDO Total Sales – YTD
104 Sales Price Average
$500,194 Sales Price Median
$464,250 Median Days On Market
5
DOWNTOWN
SINGLE FAMILY & CONDO Total Sales – YTD
68 Sales Price Average
$780,877 Sales Price Median
$582,500 Median Days On Market
49
DRIPPING SPRINGS/BEAR CREEK
SINGLE FAMILY & CONDO Total Sales – YTD
171 Sales Price Average
$559,624 Sales Price Median
$524,444 Median Days On Market
64
EAST AUSTIN
SINGLE FAMILY & CONDO Total Sales – YTD
188 Sales Price Average
$480,283 Sales Price Median
$450,000 Median Days On Market
22
GEORGETOWN EAST
SINGLE FAMILY & CONDO Total Sales – YTD
194 Sales Price Average
$275,266 Sales Price Median
$251,513 Median Days On Market
49
GEORGETOWN WEST
SINGLE FAMILY & CONDO Total Sales – YTD
448 Sales Price Average
$367,062 Sales Price Median
$340,950 Median Days On Market
73
GREAT HILLS/JESTER/RIATA
SINGLE FAMILY & CONDO Total Sales – YTD
83 Sales Price Average
$490,288 Sales Price Median
$470,000 Median Days On Market
5
LAGO VISTA/JONESTOWN/ VOLENTE SINGLE FAMILY & CONDO Total Sales – YTD
138 Sales Price Average
$404,403 Sales Price Median
$305,000 Median Days On Market
121
2105 Island Wood 7 Bedroom | 6.5 Bathroom | $11,895,000
LAKE AUSTIN WATERFRONT PROPERTIES
SINGLE FAMILY & CONDO Total Sales – YTD
4 Sales Price Average
$4,267,625 Sales Price Median
$3,902,500 Median Days On Market
277
LAKE TRAVIS NORTH WATERFRONT PROPERTIES
SINGLE FAMILY & CONDO Total Sales – YTD
14 Sales Price Average
$591,521 Sales Price Median
$582,500 Median Days On Market
129
LAKE TRAVIS SOUTH WATERFRONT PROPERTIES
SINGLE FAMILY & CONDO Total Sales – YTD
12 Sales Price Average
$1,050,417 Sales Price Median
$935,000 Median Days On Market
87
5900 Laguna Cliff 5 Bedroom | 4.5 Bathroom | $997,500
LAKEWAY/BEE CAVE
SINGLE FAMILY & CONDO Total Sales – YTD
327 Sales Price Average
$635,552 Sales Price Median
$535,000 Median Days On Market
52
LEANDER
SINGLE FAMILY & CONDO Total Sales – YTD
606 Sales Price Average
$326,317 Sales Price Median
$282,774 Median Days On Market
48
LIBERTY HILL
SINGLE FAMILY & CONDO Total Sales – YTD
131 Sales Price Average
$371,343 Sales Price Median
$320,000 Median Days On Market
80
3845 Hunterwood Point 5 Bedroom | 5.5 Bathroom | $2,795,000
LOST CREEK/ROB ROY/ SENNA HILLS SINGLE FAMILY & CONDO Total Sales – YTD
39 Sales Price Average
$983,299 Sales Price Median
$850,000 Median Days On Market
12
MUELLER/WINDSOR PARK
SINGLE FAMILY & CONDO Total Sales – YTD
108 Sales Price Average
$428,717 Sales Price Median
$402,500 Median Days On Market
21
NORTH CENTRAL AUSTIN
SINGLE FAMILY & CONDO Total Sales – YTD
76 Sales Price Average
$321,238 Sales Price Median
$323,050 Median Days On Market
6
1417 Kramer Lane #23 3 Bedroom | 3.5 Bathroom | $429,900
NORTHEAST AUSTIN
SINGLE FAMILY & CONDO Total Sales – YTD
99 Sales Price Average
$281,820 Sales Price Median
$275,000 Median Days On Market
11
NORTHWEST AUSTIN/ ANDERSON MILL SINGLE FAMILY & CONDO Total Sales – YTD
139 Sales Price Average
$430,143 Sales Price Median
$370,000 Median Days On Market
6
NORTHWEST HILLS
SINGLE FAMILY & CONDO Total Sales – YTD
71
Sales Price Average
$644,741 Sales Price Median
$685,000 Median Days On Market
7
ONION CREEK/SOUTHEAST AUSTIN
SINGLE FAMILY & CONDO Total Sales – YTD
168 Sales Price Average
$303,883 Sales Price Median
$290,500 Median Days On Market
19
PFLUGERVILLE
SINGLE FAMILY & CONDO Total Sales – YTD
435 Sales Price Average
$295,812 Sales Price Median
$292,990 Median Days On Market
18
7921 Big View 5 Bedroom | 5.5 Bathroom | $2,950,000
RIVER PLACE/STEINER RANCH
SINGLE FAMILY & CONDO Total Sales – YTD
105 Sales Price Average
$687,134 Sales Price Median
$575,000 Median Days On Market
18
904 Vasquez Street Unit #B 2 Bedroom | 2.5 Bathroom | $329,000
RIVERSIDE/MONTOPOLIS
SINGLE FAMILY & CONDO Total Sales – YTD
60 Sales Price Average
$342,331 Sales Price Median
$311,550 Median Days On Market
13
4400 River Garden Trail 5 Bedroom | 6.5 Bathroom | $5,495,000
ROLLINGWOOD/WEST LAKE HILLS
SINGLE FAMILY & CONDO Total Sales – YTD
44 Sales Price Average
$1,551,810 Sales Price Median
$1,325,000 Median Days On Market
63
ROSEDALE/NORTH LOOP/ HYDE PARK SINGLE FAMILY & CONDO Total Sales – YTD
81 Sales Price Average
$596,790 Sales Price Median
$546,350 Median Days On Market
21
ROUND ROCK EAST
SINGLE FAMILY & CONDO Total Sales – YTD
316 Sales Price Average
$311,489 Sales Price Median
$280,750 Median Days On Market
14
ROUND ROCK WEST
SINGLE FAMILY & CONDO Total Sales – YTD
167 Sales Price Average
$418,385 Sales Price Median
$395,000 Median Days On Market
5
SOUTH AUSTIN
SINGLE FAMILY & CONDO Total Sales – YTD
434 Sales Price Average
$363,367 Sales Price Median
$345,349 Median Days On Market
12
SUNSET VALLEY/ SOUTH CONGRESS SINGLE FAMILY & CONDO Total Sales – YTD
124 Sales Price Average
$383,469 Sales Price Median
$370,750 Median Days On Market
15
TARRYTOWN/CLARKSVILLE
SINGLE FAMILY & CONDO Total Sales – YTD
81 Sales Price Average
$1,019,680 Sales Price Median
$825,000 Median Days On Market
42
Providence Condominums 2-3 Bedroom | 2-4 Bathroom | $900,000+
TRAVIS HEIGHTS/SOUTH LAMAR
SINGLE FAMILY & CONDO Total Sales – YTD
150 Sales Price Average
$607,073 Sales Price Median
$587,500 Median Days On Market
23
UNIVERSITY OF TEXAS
SINGLE FAMILY & CONDO Total Sales – YTD
37 Sales Price Average
$366,058 Sales Price Median
$310,000 Median Days On Market
45
WELLS BRANCH/SCHOFIELD
SINGLE FAMILY & CONDO Total Sales – YTD
69 Sales Price Average
$353,963 Sales Price Median
$340,000 Median Days On Market
4
MISSION Real estate is about more than a home, it's about a lifestyle. Every client’s situation is unique and providing outstanding individualized service is my top priority. That doesn’t just mean negotiating a successful deal but also helping to provide the lifestyle that clients and families are seeking. My goal is to link individuals and families with their real estate aspirations to help build wealth, dreams and memories.
Troy Schlicker
Troy Schlicker 512.809.6166 troy.schlicker@evrealestate.com
