AUSTIN REAL ESTATE BLOG

When COVID 19 began to shift the paradigm of the housing market, many people wondered, "Why list right now?" Well, to start, because buyers were still lining up to buy. Despite shelter in place guidelines, April reflected some of the quickest days on the market, averaging 8 days! Buyers found new ways to shop and agents found new ways to market homes. After the surprising revelation of high Austin home buyer confidence April and May indicated, sellers began lining up to list their homes once again. Although inventory has been lower overall since the year before (20% lower in May year over year) - the inventory in June compared to May has already doubled! With low interest rates, a fresh canvas of inventory, and safe real estate practices, competitive new construction options, Austinites are finding now, more than ever, is the perfect time to make their move UP.

Austin luxury market brings some new inventory to the table, while maintaining buyer competition with average days on the market remaining low - 8 days! However saturation rates reduce to 25% which is great news for buyers as they can be confident in a strong market with real buying options!

The luxury market proved tighter, and stronger than ever in April 2020 - a time that was originally hypothesized by many to be the slowest month in real estate the nation would see since 2008. Our team expected better for Austin, and for our clients, and our positive projections proved correct. April 2020 saw some of the highest saturation rates to date in the luxury market, and the shortest days on the market (6 days) to date. As a steady economic indicator, we are pleased to report the Austin housing market has upheld and thwarted economic disruption from the COVID-19 storm.

A REALTOR since 2004 and broker since 2006, Nicole has dedicated her career to exceeding her client’s expectations. A graduate of Mays Business School at Texas A&M University, Nicole spent a short time in California before moving to the Austin area. With a background in marketing and sales and a passion for helping people, real estate was a natural fit.

This is one of Austin's favorite condominiums, and this particular home features the best of the best, with a spacious layout, top upgrades, and insanely gorgeous views from THREE private terraces overlooking the canyon and community pool! This 2, 2.5 + study, shines with hardwoods throughout, a limestone fireplace, granite counters, and automated solar shades. Double vanity master bath with 2 walk-in closets, CA Closet style storage, frameless glass shower and garden tub. And with access to a pool, spa, fitness, and club room, this luxury condo has everything for the metropolitan nature enthusiast.