Introduction: Avery Ranch is master-planned community built on 1,800 acres located in Northwest Austin. The neighborhood consists of over 4,000 homes, a 226 acre golf course, and numerous recreational amenities. Home values range from the mid $100′s to $600,000+.

Inventory and Sales: Overall sales volume has remained relatively stable over the last three years with an absorption rate of just over 14 homes per month sold, and an inventory of just over 5 months worth of housing. While sales trends have remained steady, the number of sales over the last 12 months is about 9% lower year-to-date.

Distressed Sales and Listings: The total number of known distressed and/or foreclosure sales has also remained stable at around 6% of all transactions. While this number is slightly higher than the desired 5% or less, it is still below the 10% mark which is when foreclosures begin to negatively affect a market area.

New Homes and Construction: New home sales have made a bit of comeback over the last 12 months with 21% of all sales being new construction homes; this is an increase of 4.5% over last year. Predominant single family home sales over the past 12 months average between $204,000 – $248,000 but this number includes ALL SFR properties, including some of the smaller, less expensive town homes and condos.

Overall Market Conditions: The housing market in Avery Ranch continues to be stable, with no immediate signs of distress or indicators of declining values. Average Days on Market for well priced properties remains below 2 months, while list price to sales price ratios still remain strong at around 97-98%. This indicates that Realtors are doing a good job of pricing homes accordingly, and buyers are not finding the prices unreasonable. Finally, price per square foot for both typical and median ranges have remained virtually unchanged over the past 12 months.

This report was created utilizing data from the Austin MLS system, as input by local Austin Realtors. This report should be considered a “Macro View” of the market. Only single family housing trends have been analyzed and while they represent the majority of real estate sales in the market area, this report should not be considered all encompassing. If you would like a more precise analysis of a specific segment within this market area, feel free to give us a call!

Introduction: Steiner Ranch is master-planned community between Lake Austin and Lake Travis. It is home to the University of Texas golf course, the legendary Steiner Ranch Steak House, and boast over 4,600 acres of hill country views. Home values range from the low $200′s to over 3 million for homes in the private gated sections.

Inventory and Sales: Overall sales volume has remained relatively stable with an absorption rate of just under 24 homes per month sold, and an inventory of just over 4 months worth of housing. This steady trend has lead to only a 5% decrease in the total number of homes sold year over year.

Distressed Sales and Listings: The total number of known distressed and/or foreclosure sales has decreased from 7% previous 12 months to only 4.9% in the last 12 months. Further decrease in this number is expected as only 2 distressed listings are currently on the market.

New Homes and Construction: New home sales continue to remain strong in this still growing community with around 23% of all sales being new construction homes; this is almost the same number of new home sales as we saw 3 years ago. Predominant single family home sales over the past 12 months average between $364,000 – $406,000 but there are still a large portion of homes for sale under the $300,000 mark.

Overall Market Conditions: The housing market for Steiner Ranch continues to be one of the strongest real estate markets in Austin. A combination of amenities, location and a wide range of home prices allows this neighborhood to accommodate various income segments. Steiner Ranch shows all the signs of a healthy real estate market including steady home sales, decreasing days on market for well priced homes, slowly increasing prices per square foot, and decreasing number of distressed listings and sales.

This report was created utilizing data from the Austin MLS system, as input by local Austin Realtors. Only single family housing trends have been analyzed and while they represent the majority of real estate sales in the market area, this report should not be considered all encompassing.

Introduction: Formerly the location of Robert Mueller Municipal Airport, the mixed-use development known as Mueller is a 700-acre site with over 4,900 housing units. It is located just 3 miles North-East of downtown Austin making it just minutes from the University of Texas and Downtown. The community is labeled an “Urban Village” containing all types of properties from single-family homes, condos, multi-family units, commercial buildings and vasts open areas for recreation.

Inventory and Sales: Sales volume has remained stable over the last 3 years with low inventory and average days on market for most well priced homes. Over the past 12 months, home sales have equaled 98% of their previous 12 month numbers.

Distressed Sales and Listings: There have been virtually no known foreclosure and distressed sales over the last year, with MLS records only showing one foreclosed sale in the last 12 months. Additionally, there are currently no known distressed or foreclosed listings.

New Homes and Construction: Being a new development, new home sales continue to be a predominant in the market; however, the resale market has shown to be keeping pace with new construction and that homes are holding their values. Predominant single family home sales over the past 12 months average between $310,000 to $358,000 but there are still a good many that fall under the Mueller “affordable homes” plan.

Overall Market Conditions: The housing market for Mueller appears to be very stable but has taken a small dip since last year, and is still below the highs that were set in 2008. Further analysis has shown that the dip in values and price per squat foot could be related to more affordable homes being constructed to accommodate moderate income families.

This report was created utilizing data from the Austin MLS system, as input by local Austin Realtors. Only single family housing trends have been analyzed and while they represent the majority of real estate sales in the market area, this report should not be considered all encompassing.

Introduction: The Woods of Brushy Creek is a deed restricted neighborhood of 700 plus homes located in North Austin. The community is located within the Round Rock ISD school district and in the zip code of 78717. The following market analysis was created using sales data for single family residences only (Home, Town Homes, Condos) spanning the 5 years prior to the date of the report.

Inventory and Sales: Sales have been strong over the past 12 months, exhibiting a 260% increase year-over-year (12 months from date of report). Additionally, inventory rates are low as the absorption rate for the market hovers just over 4 homes per month sold.

Distressed Sales and Listings: The number of foreclosure and known distressed sales have been relatively low over the last 12 months, remaining below 10% of all total sales volume. There are currently no known distressed or foreclosed listings.

New Homes and Construction: New home construction is not prevalent in the market area, with no known listings for new homes appearing the past 5 years. Predominant home sales have ranged in age from 1989 to 1999. Predominant single family home sales over the past 12 months average between $181,000 to $211,000.

Overall Market Conditions: The housing market for The Woods of Brushy Creek appears to be very stable. This is confirmed by stable housing prices, low foreclosure rates and low days on market, with an average DOM of 3 to 84 days. While at first glance, home values would appear to be on the rise; however, a second look will reveal that median price per square foot has remained relatively level, actually decreasing slightly, over the last 12 months.

This report was created utilizing data from the Austin MLS system, as input by local Austin Realtors. Only single family housing trends have been analyzed and while they represent the majority of real estate sales in the market area, this report should not be considered all encompassing.

Introduction: Belterra is a master planned community located in South West Austin just past the Y in Oakhill (Hwy 71 and Hwy 290 intersection) between Nutty Brown Road and Sawyer Ranch Road. Located within the Dripping Springs School District and at the northern tip of Hays county, Belterra is still within Austin city limits. The zip code for Belterra is 78737. The following market analysis was created using sales data for single family residences only (Home, Town Homes, Condos) spanning the 5 years prior to the date of the report.

Inventory and Sales: The volume of recorded home sales over the last 12 months has fallen slightly to 89% as compared to the previous year to date, while inventory is just slightly above the healthy indicator of 6 months. This shouldn’t be alarming though as higher than usual inventory rates are common in developing communities with new construction homes making up a larger portion of the available inventory.

Distressed Sales and Listings: The number of foreclosure and known distressed sales have been relatively low over the last 12 months, remaining below 10% of all total sales volume, and down from 9% total of the last 12 months. There are currently two distressed or foreclosed listings on the market.

New Homes and Construction: The sale of new homes in the Belterra community has remained relatively stable over the past three years, averaging around 45% of all total sales. This demonstrates a strong market for resales as well as new homes. Predominant single family home values over the past 12 months have been between $305,000 to $343,000 with a noted increase in median price per square foot.

Overall Market Conditions: The housing market for Belterra appears to be very stable with a slight increase in home values being noted as in increase in median price per square foot as well as overall home prices. Furthermore, days on market have remained lower, with an typical time to close of 65 days.

This report was created utilizing data from the Austin MLS system, as input by local Austin Realtors. Only single family housing trends have been analyzed and while they represent the majority of real estate sales in the market area, this report should not be considered all encompassing.

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Market Data & Historical Information for Shady Hollow:

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Market Data & Historical Information for Wells Branch:

Wells Branch, Texas, a small suburb of Austin has a history that has been forgotten by most, but in our time of modern patriotism can certainly be appreciated by all. The small town was originally created as nothing less than a monument to a soldier of Texas, long before it was simply a suburb of Austin.

In the very early 19th century, a local Austin man by the name of Martin Wells was raising a family in the small town of Mina, now known as Bastrop. He had a wife and a son, Wayman. He was a proud member of local government and an upstanding member of the community who always put his family first.

But, within Texas, there was unrest. Colonists of the area desperately wanted independence from Mexico and were slowly deciding that they were ready to fight for it. In the two year period of 1835 and 1836, two major events happened that would forever shape what was to later become Wells Branch. First, in 1835 Texas settlers made their decision and took arms against Mexico in a fight for their independence. Second, in 1836 Martin died of natural causes, leaving Wayman on his own as a man.

Shortly after his father’s death, Wayman joined the revolution and was a fierce participant. He was a part of numerous battles throughout the war but made his mark as a hero in the Battle of San Jacinto in April of 1836, when Texas won its freedom.

Because of his heroics in the battle, Waymon was awarded a land grant from Stephen F. Austin, the namesake of another Texas town, as well as one from the newly formed Republic of Texas. The land was approximately 1,170 acres nestled against a branch of Little Walnut Creek. Wayman and his new wife, Mary Emily, moved to the land and built a residence there.

The town of Austin grew up around them and Wayman became active in the politics and civic activities of the city. He became the Travis County Commissioner, and later, the trustee for the Austin Insane Asylum. He had a home at 912 W. 26th St., and remained living there until his death in 1878.

The branch of the creek was named in his honor as Wells Branch, and later, the whole of the original land that was granted to him in honor of his service to Texas was named for him as the town of Wells Branch.

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