South Austin Real Estate Market Trends and Price Forecasts
(Or why our home values behave the way they do, even when the rest of the city seems to be having an identity crisis.)
If you’ve been watching the South Austin real estate market and thinking “What exactly drives these prices?”, don’t worry. You’re not alone. South Austin is its own ecosystem. It marches to the beat of its own drum, wears Chacos to formal events, and somehow manages to stay one of the most desirable parts of the city even when the broader market goes a little sideways.
But after years of working these neighborhoods, I can tell you there are two major forces that dictate values and trends here.