Austin / Central Texas Real Estate News & Updates

Keep up to date with the latest Central Texas real estate trends and news.

Saturday, March 14, 2009

2008 Average Prices - Austin


Attached is our annual Average Price map for the Austin MLS for the past year. The percentages show the change from 2007 to 2008 per MLS area.

Keep in mind that this is a bird's eye view of the city, not intended to estimate the price on a specific home or neighborhood.

For example, Area 3 now includeds the new Mueller Redevelopment Neighborhood(http://www.MuellerAustin.com/) as well as cute cottage communities from the 1930s & 40s like French Place (Dean Keeton to Cherrywood to 38 1/2 to I-35). There are other parts of Area 3 that include Windsor Park & University Hills where the homes are built in the 60s & 70s. Each of these smaller communities are are different price points and the only way to determine the market value of a specific home is to look at the houses most similar in that neighborhood. Sites like http://www.zillow.com/ average aggregated data and don't give a true representation of a specific home's market value.

Contact us if you have questions about a home, condo or neighborhood in the Austin or Central Texas area!

It's a good life...

JoAnne McKinney
Violet Crown Realty
943 East 51st Street
Austin, TX 78751
http://www.violetcrownrealty.com/

AverageSalesPrice09.pdf

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