ATX September 2021: Real Estate Facts, Stats and Trends

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The Austin area continues to rise as the real estate market, yet again, sees a substantial uptick in property market values across the board. Are you surprised? Yeah, we aren’t either. With major companies, like Tesla, bringing their headquarters into the Austin-Round Rock MSA, we can’t help but think that the real estate trends will continue to boom with higher property demand.

“Tesla moving its headquarters here has cemented Austin as a hub of the tech and innovation industry with the potential for limitless opportunities,” Laura Huffman, President and CEO of the Austin Chamber of Commerce, said.

Let’s take a look at some key September 2021 insights straight from the Austin Board of Realtors report:

Travis County real estate statistics from September 2021.

Austin-Round Rock MSA real estate statistics from September 2021.

City of Austin real estate statistics from September 2021.

Key takeaways from these 3 infographics:

  • On average, Median Sales Prices jumped up 26%, making new home sales average just under $500,000 across the board.

  • The volume of closed Sales is down roughly 6%, and a home for sale has a meager 17 days on the market, which is a substantial time reduction from the previous year.

  • The number of New Listings are up across the entirety of the Austin Area, showing that property owners KNOW it’s a great time for sellers to make profit. Can’t blame them.

  • Total Sales Dollar Volume has increased, on average, 11.7% - directly related to the spike in Median Sales Price and the number of New Listings.

Let’s be real, Austin-area real estate is so hot right now. This fact cannot be denied in any sense. If you’re a seller, all this info should be amazing news for you, as you can really turn this situation into some serious profits. For buyers, you might not be in the best predicament, as properties continue to get more and more expensive due to the market.

All property owners are faced with a dilemma during these times: rising property taxes. Good news for you is that there is something you can do about it to reduce this amount.

Texas Tax Protest will protest your property taxes on your behalf, literally doing all the heavy lifting for you, and at the end of the day, keeping money in your pockets!

What’s the catch to this? There truly is none. Texas Tax Protest has success-based fees for their professional tax services, meaning that if we don’t save you any money on your property taxes, you don’t owe us anything. Sounds like a win-win situation right there.

Learn more about TTP and the services we provide to our Texas clients HERE.