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About Austin's Balcones Woods

Just over 6 Months of Inventory in Austin real estate market

03-26-10
Ryan Kucera
Ryan Kucera: Real Estate - Other in Austin, TX

Just over 6 Months of Inventory in Austin real estate market

Here is a perspective to help your Austin Home Search for the Austin Housing Market:

TEXAS' EXISTING HOME SALES DOWN, PRICES UP IN FEBRUARY TEXAS (Real Estate Center, Reuters, CNNMoney.com) – A total of 13,064 existing single-family homes were sold in Texas last month, a 2 percent drop from February 2009, according to MLS data compiled by the Real Estate Center at Texas A&M University. The median price was up 2 percent to $141,100 during the same period, and the state finished the month with a 6.9-month inventory of existing homes. Here is how select Texas cities fared in February (data current as of March 25, 2010):
Sales Change from Last Year Median Price Change from Last Year Months' Inventory
Austin 1,276 up 7% $182,000 down 3% 6.2

Today's Newest Austin Single Family Homes

Balcones and Spicewood Estates Neighborhood

Great Hills Neighborhood, Austin, TX

Today's Newest Austin Condos

First Time Home Buyer $8000 Tax Credit

Mortgage Rates and Austin, TX

-- Ryan Kucera ryan@AustinRealEstateEye.com www.AustinRealEstateEye.com 512-589-7308


Is the Stimulus Program Working?

Robin Scott - Broker CRS ABR SRS  Austin Texas REALTOR® : Real Estate Agent in Austin, TX

You may or may not agree with the federal stimulus program but, according to National Association of REALTORS® (NAR), the federal government stimulus program in the form of a first-time homebuyers tax credit up to $8,000 along with low interest rates could generate 900,000 additional home sales in 2009. This is good news for buyers and sellers.

To find out more about the first-time homebuyers tax credit, contact me.

Robin Scott, BROKER. Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. Amelia Bullock Realtors. 512.589.7988.

BALCONES WOOD - market statistics for April

Robin Scott - Broker CRS ABR SRS  Austin Texas REALTOR® : Real Estate Agent in Austin, TX


There is currently only 1 active listings in this area with a price of $275,000.
In April 2 homes sold:
average price - $268,288
average price per sq.ft. - $125.20
average days on market - 125

Robin Scott, Broker. Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. Amelia Bullock Realtors. 512.589.7988.

Remodeling Report

Robin Scott - Broker CRS ABR SRS  Austin Texas REALTOR® : Real Estate Agent in Austin, TX

You should be happy in your own home so if you want to update, upgrade, remodel, add on or redecorate, enjoy the results.

It's sometimes necessary to make improvements if you are planning on selling a house so that you will be competitive in the market. When it comes to making decisions about which improvements to make, you should consult a REALTOR because REALTORS are in the market place every day and know what buyers want and what they will pay.

According to a study by Remodeling magazine, exterior home projects bring the biggest return on investment.

80% of costs are recovered on wood deck additions and siding replacement

76% were recovered on window replacements

76% were recovered on major midrange kitchen remodels

79.5% were recovered on minor kitchen remodels

74.4% were recovered on midrange bathroom remodels

Home offices, Sunroom additions and backup power generators were the least profitable.

Click to subscribe to my AR Blog

Robin Scott, Broker. Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. Amelia Bullock Realtors. 512.589.7988.

Home Sold Stats for 2007 Balcones Woods-Austin Texas

12-16-08
Sky Realty
Sky Realty: Real Estate Brokerage in Austin, TX

Market Analysis Report Balcones Woods Real Estate-Austin Texas

Property Type: Residential Status: Sold Number of Properties: 26
BedsBathsSqFtListing PriceLP/SqFtSelling PriceSP/SqFtSP/LPSP/OLPDOM High Low Average Median
4 2 2,567 $335,500 $171.18 $335,500 $164.57 102.34% 102.34% 56
3 2 1,536 $239,000 $116.29 $199,000 $116.29 83.26% 83.26% 0
3 2 1,945 $278,879 $144.29 $274,758 $142.02 98.45% 97.3% 18
3 2 1,950 $274,950 $144.19 $270,000 $142.61 98.63% 98.54% 10

Search Criteria for Balcones Woods-Austin Texas
Status S
Property Type HOUSE
Subdivision contains Balcones woods
Sold/Lease Date between 1/1/2007 - 12/31/2007

Report time: 12/16/2008 12:15 PM

All information deemed reliable but not guaranteed Verify all information

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