What's On the Horizon

March 2021

Central Texas Housing Report

AUSTIN, Texas – As Austin experiences growing pains associated with a city transitioning into a large metropolitan area, the Austin-Round Rock MSA continues to set housing records. According to the Austin Board of REALTORS®’ latest Central Texas Housing Report, sales volume lost due to the February storms was recovered in March and the median price for a home in the MSA rose by 28.8% compared to last year, hitting an all-time high of $425,000.  

Statistics for Homes in Austin-Round Rock MSA

New home listings
0

1.3% decreas

Days on the Market
0

32 days fewer

Pending Sales
0

42.8% increase

Active home listings
0

78.3% decrease

Months on inventory
0

8% decrease

Total sales volume
$ 0 B

15.9% increase

Austin-Round Rock Area is #2 Emerging Housing Market in the U.S.

According to the new housing index created by the Wall Street Journal and Realtor.com, the Austin-Round Rock area ranked second in the nation.

The Emerging Housing Markets Index analyzes a combination of housing market data, economic vitality and lifestyle metrics to rank emerging housing markets that offer a quality of life and are expected to see future home appreciation.

Travis County vs. Williamson County Stats

Travis County with Williamson county are experiencing similar surges in their housing markets but they differ in how extreme the numbers are:
 
Home values are 24% higher in Travis county and a whopping 40% higher in Williamson county year-over-year.
 
The Average Days on Market for homes in Travis county is 27 days and in Williamson county it’s only 17 days. 
 
Lastly, the number of active listings in Travis county decreased by 73% year-over-year.  And the drop was even more severe in Williamson county where active listings plummeted by 85% year-over-year. 

May 1, 2021 Polling Locations

Travis County residents can vote at one of these Election Day locations.

Williamson County residents can find voting locations here.

Hays County residents can find locations here.

Make Sure You’re Registered

Go to this Texas Secretary of State website to check your registration status. The deadline to register to vote was April 1.

Voting By Mail? Check Your Ballot-By-Mail Status

Travis County residents can check the status of their mail-in ballot on VoteTravis.com.

Williamson County residents can check their ballot-by-mail status here. They can find an application here.

Hays County residents can get an application here.

Don’t Forget Your ID.

Whether you’re voting in person or dropping off your mail-in ballot, make sure to bring a photo ID. The ID should be up to date or expired up to four years. Voters 70 or older can bring a photo ID that has been expired for any length of time.

Inverse Relationship: Home Inventory & Prices

This graphic shows 30 years of Austin-area housing statistics, illustrating the correlation between inventory and prices.

Orange Line Stations

Blue Line Stations

Project Connect: Light Rail Stations

Austinites are starting to get an idea of where the planned light rail stations might be located. The stations are part of Project Connect, the multibillion-dollar public transit plan voters approved in November.
 
Below is a map on where the new Orange and Blue lines may be.

How To Get a Great Lawn: 5 Easy Tips

As your lawn responds to nature’s spring wake-up call, help prepare it for a year of healthy growth with these 5 tips.

  1. Leave the clippings – The grass biodegrades, adding nutrients and organic matter to the soil. This reduces the need for fertilizer or disposal of clippings. Mulching mowers cut grass into tiny pieces, which quickly break down.

  2. Mow at proper heights – Most lawns should be cut taller than you might think. Taller grass means deeper roots and a more resilient lawn. Since proper grass heights can vary depending on your location, contact your county extension office for regional mowing height recommendationsbased on your turf type.

    3. Use gadgets to water effectively – Watering deeply and infrequently allows lawns to partially dry out between watering. New tech, such as rain shutoffs, moisture sensors and smart controllers can further save time, water and money.

  3. Fertilize Properly – Feeding too early or too late weakens lawns and often makes them more susceptible to diseases. Overfeeding promotes insects and disease, and can cause pollution of local waters. Under-fertilizing can result in a lousy-looking lawn and more weeds.

  4. In the North, East & West, control weeds – Kill existing broadleaf weeds and prevent them from coming back for up to 6 months with BioAdvanced™ Season Long Weed Control For Lawns. Or try 5 In 1 Weed & Feedto kill lawn weeds like Dandelionand Clover, plus kill Crabgrass, all in one step.

  5. In the South, control weeds – Specially formulated for Southern lawns, BioAdvanced 3-in-1 Weed & Feed for Southern Lawnskills existing weeds, feeds the lawn and prevents new weeds, including Crabgrass, for up to six months. It’s like three products in one, so you don’t have to buy and apply multiple weed control products throughout the season.