House for Sale in Santa Rita Ranch

Norcia Loop in Liberty Hill, Texas

5 bedrooms, 3.5 baths

3,200+ SF

$359,000

Santa Rita Ranch is one of the Austin area’s newest master-planned communities.  With 3,100 rolling acres and featuring nine distinct villages, it’s located just north of Highway 29 in Liberty Hill.  Residents enjoy the natural beauty of Texas Hill Country living in their own backyard while still living close to all the city conveniences of Austin, Georgetown, Round Rock and Cedar Park.

More info on Austin Homes for Sale

TCP Real Estate, Inc. 

Beautiful Home for Sale in Dripping Springs

Misty Slope in Meadow Oaks

Beautiful 3/3 on 1/2 Acre Lot with Wonderful Hill Country Views!  Features include Wrap Around Front Porch with Ceiling Fans, Formal Dining Room with See-Thru Fireplace, Open Kitchen, Living Room with Built-In Cabinets and Fireplace, Master Suite with Dual Vanity, Garden Tub, Separate Walk-In Shower, and Walk-In Closet, Formal Living/Office, and Huge Backyard with Playhouse! Come check out this Beauty!

Priced at $379,900

TCPhouses.com
AlanBarrington@tcphouses.com

AUSTIN HOME SALES HIT 9-YEAR HIGH

AUSTIN HOME SALES HIT 9-YEAR HIGH

According to the Austin Board of REALTORS® latest MLS report, the volume of Austin-area home sales continues to rise. April marked the 23rd straight month of year-over-year sales volume increase and saw its most home sales since 2004.

According to the report, 2,563 single-family homes were sold in the Austin area in April 2013, which is 32 percent more than April 2012. On average, homes spent 50 days on the market, which is a decrease of 19 days from one year prior.

In April 2013, the median price for Austin-area homes increased eight percent more than the same month last year to $227,250. Additionally, the market featured 2.7 months of inventory in April 2013, which is 1.3 months less than April 2012.

Austin Real Estate April 2013 Statistics

• 2,563 – Single-family homes sold, 32 percent more than April 2012.

• $227,250 – Median price for single-family homes, eight percent more than April 2012.

• 50 – Average number of days single-family homes spent on the market, 19 days fewer than April 2012.

• 3,561 – New single-family home listings on the market, 10 percent more than April 2012.

• 5,488 – Active single-family home listings on the market, 25 percent fewer than April 2012.

• 2,976 – Pending sales for single-family homes, 20 percent more than April 2012.

• 2.7 – Months of inventory* of single-family homes, 1.3 months less than April 2012.

* The inventory of homes for a market is measured in months, which is defined as the number of active listings divided by the average sales per month of the prior 12 months.  The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is balanced.

With summer finally here, it’s a great time to buy and sell real estate in the Austin area.   More than a hundred people are moving to Austin every day and once you are here, you will fall in love with our city! Contact TCP today to find out your Austin home’s current value in today’s market or to sign up for a FREE Austin buyer search of area homes sent directly to your email with daily alerts of new listings.

AUSTIN-AREA HOME SALES ARE UP AGAIN

The Austin Board of REALTORS® released real estate statistics for March 2013 this week and according to Multiple Listing Service (MLS) statistics, the volume of Austin-area home sales continued to rise in March.  That’s the 22nd straight month of sales volume increase and the most home sales in March since 2007.

According to the report, 2,166 single-family homes were sold in the Austin area in March 2013, which is 16 percent more than March 2012. On average, homes spent 64 days on the market, which is a decrease of 20 days from one year prior.

In March 2013, the median price for Austin-area homes increased to $220,000, which is 10 percent more than the same month in 2012. Additionally, the market featured 2.6 months of inventory in March 2013, which is 1.8 months less than March 2012.

The total dollar volume of single-family properties sold was $616,354,794, or 28 percent higher than the same month last year. The market also featured two percent fewer new listings, 28 percent fewer active listings and 18 percent more pending sales in March 2013 compared to the prior year.

March 2013 Statistics

• 2,166 – Single-family homes sold, 16 percent more than March 2012.
• $220,000 – Median price for single-family homes, 10 percent more than March 2012.
• 64 – Average number of days single-family homes spent on the market, 20 days fewer than March 2012.
• 3,283 – New single-family home listings on the market, two percent fewer than March 2012.
• 5,218 – Active single-family home listings on the market, 28 percent fewer than March 2012.
• 2,754 – Pending sales for single-family homes, 18 percent more than March 2012.
• 2.6 – Months of inventory* of single-family homes, 1.8 months less than March 2012.
• $616,354,794 – Total dollar volume of single-family properties sold, 28 percent more than March 2012.

The report all listed other sections and trends of the Austin real estate market:

Townhouses & Condominiums
The volume of townhouses and condominiums (condos) purchased in the Austin area in March 2013 was 275, which is 27 percent more than March 2012. In the same time period, the median price for condos was $181,750, which is three percent less than the same month of the prior year. When compared to March 2012, these properties spent one percent less time on the market, or an average of 87 days.

Leasing
In March 2013, a total of 1,205 properties were leased in Austin, which is nine percent more than March 2012. The median price for Austin-area leases was $1,380, which is six percent more than the same month of the prior year.

** Home sales statistics are released by ABoR on a monthly basis.  The inventory of homes for a market is measured in months, which is defined as the number of active listings divided by the average sales per month of the prior 12 months. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is balanced.

If you are looking to buy, sell or lease Austin properties, contact Texas Capital Properties today to get started.  Our team of professional real estate agents can help you with any of your Austin real estate needs!