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STILL SELLER’S MARKET
STRONG JOB NUMBERS
Employment numbers influence Wall Street, are predictive of economic health, and impact the real estate market – we track jobs closely. Of course we watch big companies like Dell, Oracle, Meta, Tesla & Google. However that’s just one segment of the jobs being created in Austin – the start up ecosystem is valued at $1.9 Billion! Our venture capital funding rivals any place in world. This is a place where new businesses create jobs and THRIVE!
We’ve all watched Austin prices skyrocket over the last 24 months, but we remain more affordable than other markets with high-paying tech jobs and a great quality of life. According to the Norada article, the median sale price for a Bay Area home last month was $1.54 million and Los Angeles County close to $1M. In the City of Austin the median closed sale price May 2022 was $685,000.
DEMAND FOR AUSTIN IS STRONG
5413 Meg Brauer Way
Village of Western Oaks | 3 BD| 2 BA | 1624 SF
3602 S. 2nd Street
Galindo | 3 BD| 2 BA | 1399 SF | $925,00
908 Nueces #28 | Celia’s Court
2 BD | 2 BA | 1249 SF | $775,000
Custom Home Lots
Southwest Austin | 2.5 to 3 Acres | Unrestricted
2516 Simond Ave #A | Mueller
Buyer Representation | New Construction
5 Things for Dad 💙 this Week
Celebrate Father’s Day downtown at The Peacock Mediterranean Grill and bar. Savor over flavorsome brunch specials paired with classic cocktails.
When: June 19, 2022 | 7:00 am – 3:00
Where: 600 W 2nd Street, Austin, TX 78701
FATHER’S DAY SPECIALS
Dad deserves a sweet treat like the ones they’ve baked at Sugar Mama’s. Try a Dad Box – The #2 includes Cupcakes (Guinness chocolate cake, chocolate whiskey pastry cream filled, Irish cream cream cheese frosting) 2 Bourbon Chocolate Pecan Bars 4 oz bag of Sightseer “Dad Bod” roast coffee beans! ORDER
Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States, debuted on the Fortune 500. Founded in 2012, Compass is among the youngest companies ever to make the Fortune 500.” Compass joining the Fortune 500 so early in our journey was made possible by the tens of thousands of Compass agents and employees who believed that together we can build the future of real estate,” said Compass Chairman, Founder and CEO Robert Reffkin.”
AUSTIN AREA MARKET STATS: For those who love a good spreadsheet, here are latest Austin market stats broken down by month and zip code. APRIL 2022 MARKET DATA
BUYER GUIDE: It’s not easy buying in a market with rising prices and limited inventory. We can help you through the process. BUYER GUIDE
SELLER GUIDE: How do you make sure you get the most money for your home? From pricing to marketing, we’ll customize a plan to ensure you get the most money for your home. SELLER GUIDE
© Compass 2022 | All Rights Reserved by Compass | Made in NYC
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.