The nation may be tightening its economic belt but real estate is still selling in Austin Texas. Lets take a moment to see what is being bought and sold in the area.
Currently most of the homes that are selling are priced at $399,999. or less. Most homes are in newer subdivisions and are located within 10 miles of the downtown metro area.
There are many high-end homes on the Austin market that are also selling. Eleven homes of $1 million dollars or more went under contract from Jan. 5-11. The majority of these homes were either in northwest Travis County or the Westlake area.
On the low-end of the real estate spectrum, the least expensive home sold in early January was a fixer-upper priced at $24,900. Most of the low-end homes on the markets were condominiums in Williamson, Hayes and Caldwell counties.
Get out there and discover the value and even bargains that can be found in this challenging housing market.
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As always, we hope you Let Us Show You the Fine Art of Austin Real Estate. Let one of our experienced, trained professionals assist you with your next real estate transaction. We’d be honored to be of service. "Friend" us on FaceBook, visit us online at www.FineAustinLiving.com or give us a call at 512.402.9800 today.
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Investing in real estate involves being among the first to spot wholesale properties that are bargains and being able to recognize those bargains. http://austinluxuryhomesblog.com/
Investing in real estate involves being among the first to spot wholesale properties that are bargains and being able to recognize those bargains.
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