78749 Real Estate Market Update: What the Last 90 Days Tell Us
Derek Peterson Derek Peterson

78749 Real Estate Market Update: What the Last 90 Days Tell Us

The 78749 housing market continues to be one of the more interesting markets in Southwest Austin. Looking at everything currently active, under contract and pending, along with the 113 homes that closed over the last 90 days, the market isn't necessarily slow—it's selective. The median closed price was $575,000, while the average was about $588,000. Closed homes sold for an average of 98.7% of their list price, so buyers are getting some negotiating room, but we're definitely not seeing sellers universally give their houses away.

Read More
78749 Market Review: A Strong Start to the Year
Derek Peterson Derek Peterson

78749 Market Review: A Strong Start to the Year

78749 continues to show why it’s one of the most stable and desirable zip codes in South Austin. As of the end of January, we’re looking at 40 active listings, 21 homes under contract or pending, and 15 closed sales year to date. That level of activity tells a pretty clear story. Homes are still moving, but buyers are being selective and pricing matters more than ever.

So far this year, the median closed price in 78749 sits around $540,000, with an average sale price just under $537,000. Homes are selling at roughly 99.5% of list price, which is notable when you compare it to national averages hovering closer to 97–98%. That spread may sound small, but it signals confidence. Buyers here are still willing to pay close to asking when homes are priced correctly and well positioned. 78749 January stats

Read More