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DAYS ON MARKET – Across the Austin area the average days on market dropped from 44 days to 14 days year over year in June and down from 58% from 51 to 21 days year to date.Â
How long can it LAST?
In highly desirable, central Austin areas, this is probably the new normal – there will likely be multiple offers and price escalation in great neighborhoods for the foreseeable future. I also see increased competition and price escalation continuing for acreage properties and lake area sales.Â
Independence Title Statistics June 2021
216 W. Overlook Mountain | Elliot RanchÂ
2.24 Acres | 3602 Sq Ft | $1,199,999
800 Embassy Drive #312 | Tyndall
1 bed, Study| 865 Sq Ft | $455,000
2300 Sandra Lane
2.43 acres | Workshop | $750,000
1100 Augusta Bend | Star Ranch
Multiple Offers | 10 Day Close | Cash
2827 Manor Road #1207
Roseville on Manor
10909 Tortuga Racing Trail
Multiple Offers | Buyer Representation
Grapeseed Cove | Sweetwater
New Construction | Buyer Representation
419 Ringtail | Serene Hills
New Construction | Buyer Representation
300 Bowie #3801 | Spring Tower
Offered at $1,500,000
5408 Alonso Drive | Sweetwater
You can count on Courtney’s in-depth local knowledge, deep relationships and industry expertise to give you a competitive edge when it matters most, NOW!
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The information contained herein does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. All of the financial projections and/or conclusions are provided for illustration purposes only. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This represents an estimated sale price for this property. It is not the same as an opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.
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