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Southwest Austin Market Stats

April 2018 Market Update With Ricky

April's stats are in and Ricky is here to give you the scoop on what the Austin-Round Rock Metropolitan is up to. Check out Market Updates with Ricky: April 2018 edition, here!


The Cain Team Outshines Average Southwest Austin Stats

Thinking of selling your Southwest Austin home? Don't know where to start to get your home selling process started? No worries, we can help! For nearly a decade we have been selling our listings for more money and in less time than the area average.  Our homes have fewer days on market prior to selling due to our state-of-the-art V.I.S. Home Marketing Plan, which means they sell for more money every time. 

Austin is a unique and diverse city. Each neighborhood has its own character. Each neighborhood appeals to a different buyer. To obtain the highest possible sales price for your home, the marketing must reach the right buyers with the right message. We have the network and experience to do this. 

We understand that first impressions really do count! Every piece of information on your property, whether it be a brochure, the wording in the Austin Multiple Listing Service, a presence on the Internet, or a well-placed advertisement, must show your Austin area home in the best possible light. During all phases of a listing from the initial paperwork and promotion through the very last details of the closing, we personally attend to all of the details. 

Find out more about the systems, experience, and technology we use to outperform other Realtors by scheduling a no-obligation home selling consultation.


February's Housing Market Stats in Southwest Austin

Southwest Austin Housing Market Stats for February 2017The Austin Board of Realtors, through the Community Impact newspaper, presented a summary of the housing market stats for Southwest Austin for February 2017. Comparing data from Southwest Austin, Austin-Round Rock MSA, Travis County, and statewide data, the image on the right shows how Southwest Austin fared compared to the others this past month.

Median home prices in Southwest Austin last February increased by 2.3% year-over-year. Southwest Austin's median home price is also a close second to Travis County's with both data higher than the Austin-Round Rock MSA and statewide figures. However, the year-to-year change of prices in Southwest Austin and Travis County are more stable, compared to Austin-Round Rock MSA's and statewide percentages of 7.6% and 9%, respectively.

In summary, Southwest Austin's home prices are higher than statewide and Austin-Rond...

2016 Southwest Austin Real Estate Market Stats

Travis Country Stats for 2016 Cain Realty GroupAside from our impressive report on real estate stats in Austin for 2016, we've got some good news about our performance in the area of Southwest Austin, too! Using data collected from the MLS, we have compiled a metric measuring how well we fared in providing our excellent home buying and home selling services to our clients in the 78739 and 78749 ZIP Codes.

Here are some of the things you might want to know that truly attest to us being "the most trusted home buying and home selling team" in Southwest Austin!

  • Cain Realty Group sells for 3.56% more than the neighborhood average. This means an average of $13,387, based on the average Southwest Austin home sales price.
  • Cain Realty Group sells their clients' homes in approximately 7 days from the time of listing. That's 24 days faster than the market average.
  • Cain Realty Group gets their clients 5.94% more than discount brokers. 
  • Compared to two other realtors servicing the Southwest Austin area, Cain Realty Group got their sellers over 3.69% more than their immediate competitors' averages.

We may not be the biggest team in Austin, but we hold true to our word that we are "the most trusted home buying and home selling team", and for good reason! As we gear towards growing our team this 2017 to service more clients in Southwest Austin, we aim to provide the same kind of excellent service to more people. If you or anybody you know needs people they can trust for their home buying or home selling needs, please do ...

How Much Money Does it Take to Live Comfortably in Austin?

GoBankingRates.com has released a new list of cities where cost of living is matched well with a resident's capacity to earn, and Austin is one of a few cities whose median household income proves capable of shouldering the estimated annual cost to live in the city comfortably.

Cross-checking the population with the average median household income, and then using the 50-30-20 budget rule for essentials, discretionary spending and savings respectively, the money management site aims to see if the average median income of the city can sustain the cost of living there.

Austin fared well with its $55,216 median household income and $53,225 required earnings to sustain a comfortable living in the city. For Austin residents earning more than $55,000, there is a surplus of $1,000 left to spend at the end of every year.

Other cities in Texas, however, didn't fare as well. Houston had an average median household income of $45,728 but requires $60,796 to live comfortably; Dallas has a median household income of $43,359 but requires $55,651 for comfortable living. In spite of the common knowledge that Austin has a higher standard of living compared to its other Texan counterparts, data from this recent study shows that the capacity of Austin residents to earn matches the more expensive living standards of the fast-developing city.

To read more about how other U.S. cities fared in the study and to access the original article, please click here.