The Austin area MLS statistics are in and things are looking good! Overall, average home sales prices in the Austin area MLS are up approximately 6%, and up 6.6% in the Dripping Springs area. Average days on the market are down from last year as well. In March, average days on the market in all MLS areas decreased from an average of 63 days to an average of 48 days (22.6%) and was also down from an average of 87 days to 83 days (4.6%) in the Dripping Springs area.
This is great news if you’ve been thinking about selling! Spring/Summer are typically the high seasons for home buying, and listing your home now puts it in prime position to take advantage of these positive market trends. Working with a realtor who will price your home right, market it effectively, and be in contact with other agents looking for properties for their clients is a real advantage! On the flip side, if you’re a buyer just keep in mind that now, due to low inventory, there may be some competition to get the home of your dreams. Working with an agent may be in your best interest because they are more likely to know about upcoming properties that are not yet on the market or MLS, and can work with other realtors to get you the best deal.
Ready to buy or sell or just want to find out what your home is worth? Contact us and we’ll be happy to discuss your options and see what may be right for you! Give us a call at 512-829-2062.