Austin Real Estate Market Report - May 2017


In the video above, Garry and Jennifer at GoodLife Luxury report on Austin's real estate market stats from May 2017.

The average sales price of homes sold in May of last year was 1.5 million. However, the average price in May of this year was 1.76 million!

This statistic is showing us that the Austin Luxury Home Market is still strong and selling!

The average days on market went from 91 in May of 2016 to 102 in May of 2017.

This is not a bad number however, this tells us that buyers are out there buying luxury homes, but we don’t have enough to sell.

The demand is high, but the supply is low, making it prime time to sell!

By May of 2016, 80 Luxury Homes had been sold. This year, 89 had sold by May! 9 more than last year at this time!

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The demand for luxury homes in Austin is high and the supply is low! If you own a luxury home in Austin and are thinking of selling, now is the time!

We highly recommend working with a professional who can develop an expert pricing and promotional strategy to get the strongest offers for you home.

Interested in learning more about what your home is worth and what you might be able to sell it for RIGHT NOW in Austin? Call us at 512-817-4589 or send us an email at [email protected].

Get your free, instant online home value estimate here!