Eleven Oaks Realty is proud to present their March 2024 Austin Luxury Real Estate Price Report measuring market activity in the Austin area single family home market priced at $1 million or over. Our March 2024 Austin Luxury Real Estate Price Report covers the luxury market in the following Austin metro area counties: Travis, Williamson and Hays. No Change in the Median Sold Price of Austin Luxury Homes In March 2024, the median sold price of an Austin luxury home was $1,400,000 compared to $1,400,000 in March 2023, showing no change in year over year numbers. Last month the median sold price ..read more

Eleven Oaks Realty is proud to present their March 2024 Austin Multi Family Real Estate Price Report measuring activity in the Austin multi family market. This report includes all multi family properties (duplex, triplex and quadplex) that sold in March 2024. The Austin Multi Family Real Estate Market is a Seller’s Market This month the Austin multi family real estate market remained in a seller’s market but is hovering on the edge of a balanced market. In March 2024 there was 5 months of inventory on the Austin multi family real estate market, showing a 2.53% decrease in month over month ..read more

Eleven Oaks Realty is proud to present their March 2024 Austin Condo Price Report measuring activity in the Austin condo market. Our March 2024 Austin Condo Price Report covers all condominiums and townhomes in the City of Austin. The Austin Condo Market is a Balanced Market In March 2024, there was 5.98 months of inventory on the Austin condo market, showing an 18.42% increase in month over month comparisons. Last month we had just under 5 months of inventory, which was considered a seller’s market. But, as we see more condos being introduced to the market and not the same increase in buyers ..read more

Eleven Oaks Realty is proud to present their March 2024 Austin Real Estate Price Report measuring activity in the single family home market. The Austin Real Estate Market is Sitting in a Strong Seller’s Market Continuing our strong start to 2024, March only strengthened the Austin real estate market and kept the numbers in strong seller’s market territory. If you’ve been reading our previous market reports, you know buyer activity started early this year, almost right after Christmas. Even though interest rates still sit higher than we’ve seen in previous years, buyers have readjusted to this ..read more

For the last fews years, East Austin has seen a tremendous surge in popularity. It has become the city’s new art district, with studios and galleries popping up on every corner. Also the city’s foodie paradise, both up and coming and established chefs are opening up trendy restaurants. You’ll also see East Austin is chocked full of wine bars, cafes, food trucks, barbecue joints, taquerias and dive bars. The residential landscape now boasts shiny new condos, sleek and modern eco-homes and charming refurbished bungalows. As more people are drawn to East Austin for it’s fresh and modernistic exte ..read more

Over the past 3 decades, I’ve bought and sold a fair amount of real estate both as an investor for my own account and as an agent representing clients. Along the way I’ve learned the hard way – through experience – several simple truths about real estate. I wish I had learned these truisms earlier and accepted them sooner; doing so would have saved me a container ship full of frustration and disappointment. Allow me to share a few things to remember when selling your home in hopes you might put these ideas to good use. #1: It Doesn’t Matter What Your Neighbor’s Home Sold For It matters not on ..read more

As soon as you put your Austin home up for sale, it becomes merchandise. Your home is now a house competing with all the other like houses for attention and ultimately a buyer’s money. I know how hard it is to detach yourself from the emotional attachments. Memories shared – both heartwarming and otherwise – will never be forgotten. But, when it comes time to sell, the focus on the house must change from you to the buyer and what it will take to get the house sold for the most money in a reasonable time. Here are the things you don’t want to overlook when selling your Austin home. Think Back ..read more

In the year 2000, Red Wassenich a librarian at Austin Community College had no idea that he had coined what would become his city’s official slogan. Unlike the previous catchphrases “Live Music Capital of the World” and description, “A Blue Dot in a Red Sea,” this three-word phrase effortlessly captured its vibrancy. Despite its brevity, it seemed to sum everything that made the city so unique in a way that nothing else had before. So much so, that it caught on like wildfire. Soon, it would become emblazoned on tie dye t-shirts and bumper stickers. A few years later, it the AIBA (Austin Indep ..read more

Women are becoming a larger and larger percentage of the Austin home buyer population. When you’re a single woman planning to live alone or about to start a family looking for single family homes, you want to pay special attention to the safety and security of the area. Here are some tips for women home buyers to be aware of while they’re searching for an Austin home. Security and Safety are Top Concerns for Women Home Buyers Women want to feel safe and secure in their homes. Make sure you check for these things when shopping for your next home. Attached Garages with Electronic Door Openers A ..read more

If you’re looking for a luxury home in a Cedar Park luxury neighborhood, you have several choices. Though you may not know exactly what neighborhood you like by looking online, most buyers can rule out a neighborhood by simply driving through it. To help you through the evaluation process, we put together a driving tour of the Cedar Park luxury neighborhoods where you can find homes priced from $800k-$1.5MM. We’ve also listed each neighborhood, given you a short description and a link where you can learn more. Here is our driving tour Cedar Park luxury neighborhoods. Driving Tour Cedar Park Lu ..read more