Austin Market Report 2020 Second Quarter January - June 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 SECOND 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 SECOND QUARTER
The second quarter saw unique events that impacted the Austin housing market. A global health pandemic, shelter in place orders and a shutdown of the world economy brought questions and concerns. The initial impact saw a sharp decline in the number of transactions as sales in April fell 26% from the same time in 2019. By June we had returned to 2019 sales levels and throughout all the turbulence home price have continued to rise albeit at a more modest clip. The largest concern Austin currently faces is a lack of inventory. This has been a concern the past couple of years but has been expounded as potential sellers have held back putting their homes on the market over concerns with the pandemic and economy. The decrease in supply has seen the days on market reach all time lows as quality properties sell within days of hitting the market The data shows that Austin is rebounding very well. While their is uncertainty over the next few months Austin is poised to remain one of the strongest housing markets in the country.
Troy Schlicker Troy Schlicker
SECOND QUARTER REVIEW TRAVIS & WILLIAMSON COUNTY
SINGLE FAMILY & CONDO Total Sales – YTD
13,761 (-9% change from 2019)
Sales Price Average
$421,407 (+3.4% change from 2019)
Sales Price Median
$340,000 (+5% change from 2019)
Median Days On Market
17 (-23% change from 2019)
ALLANDALE/CRESTVIEW/ HIGHLAND SINGLE FAMILY & CONDO Total Sales – YTD
262 Sales Price Average
$499,547 Sales Price Median
$475,000 Median Days On Market
7
BARTON CREEK/ SOUTHWEST AUSTIN SINGLE FAMILY & CONDO Total Sales – YTD
162 Sales Price Average
$704,281 Sales Price Median
$529,325 Median Days On Market
11
BARTON HILLS/ZILKER
SINGLE FAMILY & CONDO Total Sales – YTD
96 Sales Price Average
$818,720 Sales Price Median
$675,000 Median Days On Market
34
CEDAR PARK
SINGLE FAMILY & CONDO Total Sales – YTD
443 Sales Price Average
$383,042 Sales Price Median
$360,000 Median Days On Market
5
CIRCLE C RANCH/OAK HILL
SINGLE FAMILY & CONDO Total Sales – YTD
229 Sales Price Average
$498,864 Sales Price Median
$479,900 Median Days On Market
4
DOWNTOWN
SINGLE FAMILY & CONDO Total Sales – YTD
118 Sales Price Average
$834,931 Sales Price Median
$595,000 Median Days On Market
47
DRIPPING SPRINGS/BEAR CREEK
SINGLE FAMILY & CONDO Total Sales – YTD
431 Sales Price Average
$550,173 Sales Price Median
$519,500 Median Days On Market
44
EAST AUSTIN
SINGLE FAMILY & CONDO Total Sales – YTD
339 Sales Price Average
$480,152 Sales Price Median
$450,000 Median Days On Market
13
GEORGETOWN EAST
SINGLE FAMILY & CONDO Total Sales – YTD
438 Sales Price Average
$283,051 Sales Price Median
$261,545 Median Days On Market
39
GEORGETOWN WEST
SINGLE FAMILY & CONDO Total Sales – YTD
1000 Sales Price Average
$370,527 Sales Price Median
$335,840 Median Days On Market
56
GREAT HILLS/JESTER/RIATA
SINGLE FAMILY & CONDO Total Sales – YTD
200 Sales Price Average
$501,514 Sales Price Median
$471,000 Median Days On Market
4
LAGO VISTA/JONESTOWN/ VOLENTE SINGLE FAMILY & CONDO Total Sales – YTD
346 Sales Price Average
$425,277 Sales Price Median
$330,000 Median Days On Market
70
2105 Island Wood 7 Bedroom | 6.5 Bathroom | $11,895,000
LAKE AUSTIN WATERFRONT PROPERTIES
SINGLE FAMILY & CONDO Total Sales – YTD
13 Sales Price Average
$3,414,423 Sales Price Median
$3,180,000 Median Days On Market
201
LAKE TRAVIS NORTH WATERFRONT PROPERTIES
SINGLE FAMILY & CONDO Total Sales – YTD
38 Sales Price Average
$636,102 Sales Price Median
$412,500 Median Days On Market
57
LAKE TRAVIS SOUTH WATERFRONT PROPERTIES
SINGLE FAMILY & CONDO Total Sales – YTD
27 Sales Price Average
$1,208,707 Sales Price Median
$1,090,000 Median Days On Market
102
15812 Fontaine Ave. 6 Bedroom | 7.5 Bathroom | $1,895,000
LAKEWAY/BEE CAVE
SINGLE FAMILY & CONDO Total Sales – YTD
733 Sales Price Average
$649,601 Sales Price Median
$550,000 Median Days On Market
36
LEANDER
SINGLE FAMILY & CONDO Total Sales – YTD
1281 Sales Price Average
$338,587 Sales Price Median
$294,295 Median Days On Market
25
LIBERTY HILL
SINGLE FAMILY & CONDO Total Sales – YTD
296 Sales Price Average
$366,946 Sales Price Median
$309,565 Median Days On Market
62
3845 Hunterwood Point 5 Bedroom | 5.5 Bathroom | $2,795,000
LOST CREEK/ROB ROY/ SENNA HILLS SINGLE FAMILY & CONDO Total Sales – YTD
91 Sales Price Average
$1,102,560 Sales Price Median
$915,000 Median Days On Market
8
MUELLER/WINDSOR PARK
SINGLE FAMILY & CONDO Total Sales – YTD
242 Sales Price Average
$451,169 Sales Price Median
$445,000 Median Days On Market
10
NORTH CENTRAL AUSTIN
SINGLE FAMILY & CONDO Total Sales – YTD
156 Sales Price Average
$330,863 Sales Price Median
$331,975 Median Days On Market
7
NORTHEAST AUSTIN
SINGLE FAMILY & CONDO Total Sales – YTD
217 Sales Price Average
$283,670 Sales Price Median
$275,000 Median Days On Market
9
NORTHWEST AUSTIN/ ANDERSON MILL SINGLE FAMILY & CONDO Total Sales – YTD
277 Sales Price Average
$423,448 Sales Price Median
$378,000 Median Days On Market
5
7937 Mesa Trail Circle 3 Bedroom | 2.5 Bathroom | $849,000
NORTHWEST HILLS
SINGLE FAMILY & CONDO Total Sales – YTD
169 Sales Price Average
$689,047 Sales Price Median
$718,938 Median Days On Market
6
ONION CREEK/SOUTHEAST AUSTIN
SINGLE FAMILY & CONDO Total Sales – YTD
377 Sales Price Average
$315,015 Sales Price Median
$295,000 Median Days On Market
12
PFLUGERVILLE
SINGLE FAMILY & CONDO Total Sales – YTD
935 Sales Price Average
$300,075 Sales Price Median
$290,350 Median Days On Market
10
4000 Love Bird Lane 4 Bedroom | 3.5 Bathroom | $1,485,00
RIVER PLACE/STEINER RANCH
SINGLE FAMILY & CONDO Total Sales – YTD
265 Sales Price Average
$735,117 Sales Price Median
$590,000 Median Days On Market
12
RIVERSIDE/MONTOPOLIS
SINGLE FAMILY & CONDO Total Sales – YTD
123 Sales Price Average
$344,877 Sales Price Median
$318,900 Median Days On Market
13
ROLLINGWOOD/WEST LAKE HILLS
SINGLE FAMILY & CONDO Total Sales – YTD
95 Sales Price Average
$1,518,691 Sales Price Median
$1,325,000 Median Days On Market
42
202 Goodnight Dr. 4 Bedroom | 3.5 Bathroom | $1,295,000
ROSEDALE/NORTH LOOP/ HYDE PARK SINGLE FAMILY & CONDO Total Sales – YTD
186 Sales Price Average
$602,180 Sales Price Median
$546,739 Median Days On Market
18
ROUND ROCK EAST
SINGLE FAMILY & CONDO Total Sales – YTD
694 Sales Price Average
$318,043 Sales Price Median
$289,900 Median Days On Market
11
ROUND ROCK WEST
SINGLE FAMILY & CONDO Total Sales – YTD
427 Sales Price Average
$416,853 Sales Price Median
$385,000 Median Days On Market
5
SOUTH AUSTIN
SINGLE FAMILY & CONDO Total Sales – YTD
832 Sales Price Average
$370,083 Sales Price Median
$351,240 Median Days On Market
7
SUNSET VALLEY/ SOUTH CONGRESS SINGLE FAMILY & CONDO Total Sales – YTD
282 Sales Price Average
$393,491 Sales Price Median
$380,000 Median Days On Market
10
4402 Island Cove #23 4 Bedroom | 4 Bathroom | $3,850,000
TARRYTOWN/CLARKSVILLE
SINGLE FAMILY & CONDO Total Sales – YTD
160 Sales Price Average
$1,093,473 Sales Price Median
$894,500 Median Days On Market
30
804 W Johanna St #B 2 Bedroom | 2 Bathroom | $788,000
TRAVIS HEIGHTS/SOUTH LAMAR
SINGLE FAMILY & CONDO Total Sales – YTD
268 Sales Price Average
$639,383 Sales Price Median
$600,000 Median Days On Market
15
UNIVERSITY OF TEXAS
SINGLE FAMILY & CONDO Total Sales – YTD
68 Sales Price Average
$435,462 Sales Price Median
$333,500 Median Days On Market
35
WELLS BRANCH/SCHOFIELD
SINGLE FAMILY & CONDO Total Sales – YTD
169 Sales Price Average
$359,021 Sales Price Median
$351,000 Median Days On Market
5
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@reserverealty.com
