Austin Real Estate

Austin Referral Realty (ARR) welcomes you to AustinRealEstateMarket.com! We look forward to assisting you with your Central Texas real estate needs. Whether you are in the market for a new home or need to sell your existing home, we are here to help!

Home Search Tools

Our site provides you with home search tools that allow you to search using Google Maps, Central Texas school districts, zip codes, foreclosure/bank-owned properties or by specific Austin MLS number.

Austin Real Estate Search -- We recommend using our site to do your MLS search. You can search through thousands of Austin homes for sale and can do so while using a familiar tool, Google Maps. When searching, you will be able to use Google Maps for an aerial view of each home for sale.

MLS listings on AustinRealEstateMarket.com are listed through the Austin MLS. Using a technology called IDX (“Internet Data eXchange” or otherwise known as Broker Reciprocity) the whole city is at your finger tips. IDX makes it easy for Austin Realtors and MLS members to cooperate and help facilitate buying and selling of Austin area properties by letting all Realtors and their clients see all the houses available on the market.

Brokerage Services

ARR is a full service real estate company and offers broker representation for both buyers and sellers in Austin, Texas and surrounding communities. Our Realtors service area includes Travis County, Williamson County & Hays County. We do not represent every seller and MLS listing on this site. If a property for sale is not listing by ARR, we can offer free buyer representation. This is true for any new or resale home in the Greater Austin Area.

Our independent, local brokerage consists of founder-owner Ronnie Bredahl and a team of Austin real estate agents dedicated to providing excellent representation for our clients. ARR has represented buyers, sellers and investors from all over the country. Our specialty is online home searches and 75% of our clients found us through our web sites. We are always looking to begin new relationships. When you, or someone you know, has a real estate need in the Austin area, call 512.892.0708 to find out what ARR can do for you.

Austin Home Evaluation

If you are considering selling your home, all our highly-trained real estate professionals can provide you a free, no obligation market analysis. We will determine your home’s value based on recent comparable sales in your area.. Simply fill out our Home Evaluation Form and we will get to work for you!

Keep in mind, this is a rough estimate and is no substitute for a personal meeting at the property. Please provide a good phone number so we can call with any questions. Every home is unique and, more often than not, there will be more information we need on your property to better assist you with a true market value.

Austin-area Home Sales Volume and Median Price Up in March 2012

Austin Board of REALTORS® releases real estate statistics for March 2012

Source: ABoR

AUSTIN, Texas – April 19, 2012 - According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, 1,852 single-family homes were sold in the Austin area in March 2012, which is 15 percent more than March 2011. During the same time period, the median price for Austin-area homes was $200,000, or eight percent more than the same month of the prior year.

Leonard Guerrero, Chairman of the Austin Board of REALTORS®, commented, “This marks the tenth month in a row Austin has seen year-over-year increases in sales volume. In addition, another healthy increase in the median price indicates competition is increasing among buyers as the inventory of homes continues to shrink.”

In March 2012, the Austin market had 4.4 months of inventory, 1.8 months less than March 2011. In addition, the market featured four percent fewer new listings, 21 percent fewer active listings and 16 percent more pending sales in March 2012 compared to the prior year. On average, homes spent 84 days on the market in March 2012, or 12 days less than March 2011.

March 2012 Statistics

• 1,852– Single-family homes sold, 15 percent more than March 2011.
• $200,000– Median price for single-family homes, eight percent more than March 2011.
• 84 – Average number of days that single-family homes spent on the market, 12 days less than March 2011.
• 3,350– New single-family home listings on the market, four percent less than March 2011.
• 7,274– Active single-family home listings on the market, 21 percent less than March 2011.
• 2,331– Pending sales for single-family homes, 16 percent more than March 2011.
• 4.4 – Months of inventory* of single-family homes, 1.8 months less than March 2011.
• $480,471,768– Total dollar volume of single-family properties sold, 22 percent more than March 2011.

The following sections describe trends in other sectors of the Austin real estate market.

Townhouses & Condominiums

The volume of townhouses and condominiums (condos) purchased in the Austin area in March 2012 was 212, which is 37 percent more than March 2011. In the same time period, the median price for condos was $189,450, or 15 percent more than March 2011. When compared to the same month of the prior year, these properties spent 28 percent less time on the market, or an average of 89 days.

Leasing

In March 2012, 1,129 properties were leased in the Austin area, which is five percent less than January 2011. During the same time period, the median price for Austin-area leases was $1,250, nine percent higher than the same month of the prior year.

The Austin Board of REALTORS® is a non-profit, voluntary organization representing more than 8,500 licensed REALTORS® in Central Texas.

Austin Homes for Sale | Austin Real Estate Search | Austin Homes by Map | Real Estate