George Wang
Broker/ Realtor®
Texas Fortune Realty
P O Box 160371
Austin, TX 78716
Phone: (512)694-6060
WeChat: GeorgeWangAustin
Email: GeorgeWang3@gmail.com
TREC #605970
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AUSTIN, Texas – The greater Austin area posted record-breaking gains in May, as the median home price reached an all-time high—for any month on record—of $465,000, while both home sales and sales dollar volume skyrocketed, according to The Austin Board of REALTORS® May 2021 Central Texas Housing Report.
“Austin’s housing market has become one of the most competitive markets in the U.S.,” Susan Horton, 2021 ABoR President, said. “As new companies relocate to Austin and the city’s popularity draws in new residents, the sheer demand for housing has created a critical inventory shortage, reinforcing that affordability and accessibility to housing across our region is a real concern and should be a top priority for local leaders.”
Residential home sales in the Austin Round-Rock MSA once again hit a record for the month of May, increasing 48% year over year to 3,976 sales, while the median sales price jumped 42.2% year over year to an all-time-high of $465,000. At the same time, sales dollar volume increased 116.2% year over year to $2,355,132,804. Monthly housing inventory
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AUSTIN, Texas – The booming Austin-area housing market continued to demonstrate strength in April, with soaring double-digit growth in both home sales volume and median price growth. The Austin Board of REALTORS® April 2021 Central Texas Housing Report is the first market report to provide a direct comparison to the housing market during the COVID-19 pandemic.
“One year ago, shelter-in-place orders effectively ground real estate transactions to a halt, leaving uncertainty in the market,” Susan Horton, 2021 ABoR President, said. “Although striking at face value, last month’s housing market activity demonstrates not only a strong recovery since last spring, but significant growth beyond that recovery.”
Residential home sales in the Austin Round-Rock MSA hit a record for the month of April, increasing 37.2% year over year to 3,604 sales, while median sales price rose 41.6% year over year to an all-time-high of $460,000. As a result, sales dollar volume topped two billion in April, skyrocketing 95.5% year over year to $2,065,570,878. Homes spent an average of 17 days on market, or 28 fewer days than in April 2020.
John Schutze, regional director and senior home loan officer at Texas Loan Experts,
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AUSTIN, Texas – As Austin experiences growing pains associated with a city transitioning into a large metropolitan area, the Austin-Round Rock MSA continues to set housing records. According to the Austin Board of REALTORS®’ latest Central Texas Housing Report, sales volume lost due to the February storms was recovered in March and the median price for a home in the MSA rose by 28.8% compared to last year, hitting an all-time high of $425,000.
Across the five-county MSA in March, home sales increased 13.1% year over year to 3,603—a record for the month of March. At the same time, active listings plummeted 78.3% to 1,202 listings, keeping housing inventory at a record-low 0.4 months of inventory, or 1.4 fewer months than in March 2020.
“The Austin-Round Rock MSA is one of the fastest growing in the country, people want to live here, and job creators see opportunity to be successful here,” Susan Horton, 2021 ABoR President, said.
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AUSTIN, Texas – Following the devastating Texas winter storms that thwarted housing market activity for nearly two weeks, Austin-Round Rock MSA home sales dipped for the first time since June 2020. According to the latest Central Texas Housing Market Report released by the Austin Board of REALTORS® (ABoR), Austin-area home sales declined 8% to 2,389 sales in February.
During the same time, market demand drove housing inventory down 1.2 months to a record-low 0.4 months of inventory and the median home price up 22.5% to an all-time high of $395,000.
“Although the winter storms slowed activity in February, this does not indicate a market slowdown. We’re still very much in a sellers’ market,” Susan Horton, 2021 ABoR president, said. “Across the region, a high quantity of offers, cash offers, and requests to waive appraisals or option fees are increasingly commonplace. Transaction contracts are complex with negotiations that require the expertise of a REALTOR® to navigate.”
Across the five-county MSA, home sales dollar volume jumped 15.9% to $1,207,218,785, while pending sales fell 15.5% to
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AUSTIN, Texas – Austin-Round Rock MSA home sales jumped 23.9% to 2,523 sales in January, according to the latest Central Texas Housing Market Report by the Austin Board of REALTORS® (ABoR).
“The last week has shown us, once again, that our homes are more important than ever,” Susan Horton, 2021 ABoR president, said. “Austin REALTORS® are not just local market experts in buying or selling a home but we can also provide guidance and resources for home repairs if your current home has been impacted by the winter storms. If you are currently in process of buying or selling a home, talk to your REALTOR® about how recent events might impact your closing timeline and what the appropriate next steps should be – this can include insurance policy terms or additional inspections that may be required.”
Across the five-county MSA, home sales dollar volume skyrocketed 53.5% to $1,161,692,362 while pending sales increased 15.9% to 3,365 in January. Despite 2,878 new listings in January—an 11% decline from
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Builders for new construction homes at Addie at Westlake/Eanes have published the home features list:
EXTERIOR: • Roof – Synthetic Slate Roof in Slate Gray • Brick – Old Texas Brick, Paint Color – Mid Century White • Stucco – Sherwin Williams Snowbound SW7004 • Windows – Black/Black Clad Exterior / Pine Interior, Low E High Performance SmartSun / Insulated (Energy Star) • Front Door – Custom Iron Door with Chrome Handle set • Garage Door – 8’ Tall Modern Steel, Color – Black, 2 openers • Front Porch Lighting – Black Sconce Light (per plan) • Back Porch Lighting – LED Recessed Can Lights • Professionally Designed Landscape Package
PAINT: • Manufacturer – Sherwin Williams • Wall Texture – Light Orange Peel • Low VOC paints with Flat Finish INTERIOR TRIM: • Baseboards – 1 x 4” Painted • Door Casing – 1x 2” Painted • Solid
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Resting in the heart of Westlake, Legacy Communities presents The Addie — a collection of 46 new peak performance lifestyle homes in a gated lock-and-leave neighborhood close enough to downtown Austin, yet far enough away in a residential oasis surrounded by the Texas Hill Country.
The Addie is revolutionizing this well sought-after area with thoughtfully designed home offerings, masterfully crafted for functionality and minimal maintenance. Diverse architecture rests behind the gates of the only new neighborhood in Westlake offering luxury homes enveloped by breathtaking views at an enticing price point. Experience a new way of life at The Addie.
INCLUDED FEATURES: Quartz countertopsSlate RoofSolid Core DoorsFrameless ShowersPre-wired for Solar EnergyEnergy Star Black Framed WindowsModern Freestanding Master Bath TubStainless Steel Wolf Appliances
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Good news for home buyer who is looking for new construction homes at Westlake high school/Eanes ISD. Westlake’s newest gated community, The Addie, has officially launched and is now selling two and three story luxury homes boasting Modern-European style architecture, designer finishes & scenic Hill Country views. While there are only 46 homes in this boutique community, The Addie is surrounded by 12 acres of open space to explore. New construction in the renowned City of Westlake is rare. Call today to be a part of this unique opportunity to own a new home at The Addie at Westlake!
Builders are experiencing significant interest based on The Addie’s proximity to downtown Austin and natural surroundings of the Texas Hill Country. Upon completion, The Addie will be a private neighborhood with gated entry, featuring lock & leave access, ensuring peace of mind with nominal maintenance. At this time builders are just taking reservations with a fully refundable $10K deposit held with
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The Lakes edge community info details as of July 2017:
Community Utilities Austin Energy (Electric) 512-494-9400 Alliant 877-532-5427 W. Travis Co. Public Utility Agency 512-263-0125 Septic Managed by HOA (wastewater) Time Warner Cable /Spectrum 512-485-5555 AT&T 800-288-2020
Property Tax Rate Travis County 0.383800 Eanes ISD 1.212500 Travis Hlth Dist 0.110541 Travis ESD #10 0.10000 City Bee Cave 0.0200 Total Tax Rate 1.826841%
Schools Eanes Independent School District https://www.eanesisd.net Barton Creek Elementary School 1314 Patterson Rd, Austin TX 78733 West Ridge Middle School 9201 Scenic Bluff Dr, Austin TX 78733 Westlake High School 4100 Westbank Dr, Austin TX 78746
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Two builders, Ashton Woods and Trendmaker Homes will start to presale lot and floorplan in the brand new, gated community Lakes Edge soon (as early as July 2017). The community is currently being developed and roads are being put in as quick as possible. Model homes will be constructed in there in the coming months.
Lakes edge is part of the prestigious, national ranked Eanes Independent School District, and will only have 118 home sites with beautiful views, greenbelt. The community is near Lake Pointe off Ashley Worth Blvd close to the Hill Country Galleria, Lake Travis and Lake Austin.
When presale starts, builders will schedule appointments for those who are seriously interested and want to meet with a professional to put a deposit down on a lot. This will be done on a first-come first-served basis. If you are considering Lake Edge community, I recommend you go to both
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