The Robert J Fischer Team Blog

You may have just been looking for fun things to do in Round Rock or Austin because you’re new in town, or you may have actually been looking for real estate updates. Regardless, we’re glad you have come to our blog and hope that these help you along the way as a buyer, a seller, a realtor professional, or just someone looking for some fun in the city!

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Coming Soon: 1610 Suzi Lane, Pflugerville, TX 78660

1610 Suzi Lane, Pflugerville, TX 78660

North Park Home for Sale!

Estimated List Price: $235K
3 Bedrooms |2 Baths |1 Story
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Coming Soon: 1 Bluff View, Round Rock, TX 78664

1 Bluff View, Round Rock, TX 78664

Oak Bluff Estates Home Coming Soon!

4 Bedrooms | 3.5 Baths | 2 Story

Estimated List Price: $425,000

The RJF Team is excited to list this gorgeous home situated in a quiet cul-de-sac in the prestigious Oak Bluff Estates neighborhood. It sits on a large lot, sized at almost half an acre, in a community with other large lots, typically a half an acre to an acre each, giving residents ample privacy. This spacious 2-story house covers 3,445 square feet and has 4 bedrooms, 3.5 bathrooms, plus a formal living and formal dining room with wood flooring and a gameroom upstairs.  The home features luxury upgrades throughout, including granite countertops and a custom mini bar area in the living room. Enjoy the outdoors on the large, extended deck in the shade of expansive trees.

Oak Bluff Estates is a wonderful established neighborhood with mature trees and big lots, and plenty of peace and quiet. If you’ve been looking for a spacious and welcoming home in a venerable neighborhood of custom homes, don’t miss this opportunity!

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Coming Soon: 1105 Seton Hall Lane, Pflugerville, TX 78660

1105 Seton Hall Lane, Pflugerville, TX 78660

Mountain Creek Home: Not Yet on the Market!

Estimated List Price: $450K

We are so excited to soon list this beautiful 4,032 square foot Pflugerville home with designer elements and a pool!  This four bedroom, two-story home has over a hundred thousand dollars in recent upgrades including wood flooring throughout, custom paint, updated bathrooms, and recent air conditioning units. Enjoy ample space with a formal dining room, an additional office area, and a flex room/gameroom downstairs.  The elegant master suite includes an updated Master Bath with a 3-head shower fixture, updated cabinets and granite counters.

Outside is a paradise with a gorgeous pool to cool off in the hot summers, a custom playscape and an extended covered patio, perfect for entertaining. The large lot has mature trees and additional landscaping, making it easy to relax and play.

This home won’t be on the market for long, so don’t wait! Contact us at 512.537.4977 to see this home in person before it hits the market.

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Coming Soon: 3816 Sapphire Loop, Round Rock, TX 78681

3816 Sapphire Loop, Round Rock, TX 78681

Mayfield Ranch Home for Sale!

Estimated List Price: $450K
5 Bedrooms | 4.5 Baths | 2 Story

We are excited to soon be listing this wonderful 2-story home on a quiet cul-de-sac street in the Mayfield Ranch neighborhood of West Round Rock. Your family can enjoy abundant room for everyday living in this 3,908 square foot home with 5 bedrooms, 4.5 baths, formal dining, plus a study/office and also a game room and media room.

The kitchen has stainless steel appliances, granite countertops, soft close drawers and a double oven. An elegant master bathroom boasts large tile floors, tiled shower and a jetted tub. Guests can enjoy a second master with an attached full bath. This property is an outdoor paradise, backing to a wooded area, with a fabulous extended patio with gas hookup and plenty of room to play!  Full sprinklers and gutters make outdoor maintenance easy.

You’re going to fall in love with this terrific home with great curb appeal.  Contact us today to schedule an early showing!

 

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Inventory remains critically low for most price classes

With critically low inventory, now is the time to sell your house!

AUSTIN, TX–The Austin-area housing market’s declining inventory and robust sales trends are creating an increasingly competitive housing market across all price classes, according to the latest Central Texas Housing Market Report from the Austin Board of REALTORS® (ABoR).

“In the Austin-Round Rock MSA, price classes across the board are seeing an increase in demand with a decrease in inventory,” Steve Crorey, 2018 president of the Austin Board of REALTORS®, said. “While new listings are up year-over-year, homes are selling faster than they can be listed on the market. This has led to a smaller number of active listings and an increasingly competitive market for homebuyers.”

Within the Austin-Round Rock MSA, new listings increased 5.6 percent to 4,139 listings; active listings decreased 2.8 percent to 6,154 listings, and pending sales rose 14.3 percent to 3,320 pending sales. The median price of single-family homes in the Austin-Round Rock MSA increased 3.8 percent year-over-year to $316,000 in April 2018. Housing inventory decreased 0.2 months year-over-year to 2.4 months of inventory during the same time frame.

“The desire to live in the city of Austin continues to drive home sales,” Mark Sprague, state director of information capital for Independence Title, said. “Inventory levels for luxury homes priced at $700,000 or higher have decreased year-over-year, and the inventory for homes priced under $500,000 continues to decline in Austin. As a result, we’re seeing locals purchase more homes in the suburbs. However, the real estate landscape continues to be strong compared to most major cities in the country.”

In the Austin-Round Rock MSA, homes priced between $150,000 and $250,000 stayed on the market, on average, fewer than 35 days. In the city of Austin, single-family homes in this price range spent, on average, between 20 and 33 days on the market in April 2018, indicating a continued inventory shortage amidst strong demand for this price category. The Real Estate Center at Texas A&M University cites the affordable threshold for entry-level homebuyers as $200,000 or less.

“If it’s a desirable home or located near a desirable location, especially if it’s in the city of Austin, the time spent on the market can be much lower,” Crorey said.

City of Austin

In the city of Austin, single-family homes spent an average of 37 days on the market, four more days than April 2017. Single-family home sales increased 7.4 percent from April 2017 to 859 sales and the median price for single-family home sales increased in April by 9.3 percent year-over-year to $390,000. Housing inventory decreased from 2.1 months of inventory in April 2017 to 1.7 months of inventory in April 2018.

Travis County

In April, single-family home sales in Travis County increased 6.4 percent year-over-year to 1,324 sales. The median price for single-family homes in Travis County grew 7.1 percent year-over-year to $380,143 in April. Housing inventory decreased by 0.3 months from the previous April to 2.3 months of inventory.

In Pflugerville, sales decreased 11.9 percent to 104 home sales, while the median price of single-family homes increased 1.7 percent to $259,200.

Williamson County

Williamson County experienced a 7.6 percent increase in sales volume year-over-year to 904 home sales. During the same time frame, the median price for single-family homes increased 3.6 percent to $285,000. Inventory of single-family homes in Williamson County decreased slightly from last year’s 2.4 months of inventory to 2.3 months of inventory in April 2018.

In Leander, April home sales experienced no percentage change from year-over-year, remaining at 97 sales. The median price of single-family homes slightly increased 1.8 percent year-over-year to $280,000. In Cedar Park, April home sales volume decreased 11.9 percent to 89 sales. At the same time, the median price of Cedar Park homes increased 11.2 percent year-over-year to $339,000. Round Rock experienced a surge in sales from last April—30.9 percent—to 178 sales, while the median home price increased 8.1 percent to $275,000.

Hays County

April home sales in Hays County decreased 8.5 percent to 281 home sales compared to the previous year. At the same time, median home price declined 6.8 percent to $247,000. Inventory of single-family homes in Hays County remained unchanged at 2.8 months of inventory from the previous April.

Locally, home sales in Buda dropped 19.6 percent year-over-year to 37 sales, but the median home price increased 14 percent to $285,000. Kyle experienced a double-digit increase in sales—an 11.9 percent increase to 75 sales—compared to the previous April. The median price increased 2.7 percent to $215,500 during the same time frame.

Crorey concluded: “If you’re planning on buying or selling a home this year, it’s important to enlist the help of a Central Texas REALTOR®. REALTORS® are local market experts who can walk clients through the necessary steps of the purchasing or selling process, and we ascribe to a Code of Ethics that requires us to advocate on our clients’ behalf and in their best interest.


The Robert J Fischer Team is comprised of expert REALTORS® ready to serve you with any real-estate needs from investing to selling your house to buying your next home.