Hot Markets vs. Cool Deals: December Austin Real Estate Update

The Austin real estate market is constantly evolving, and as we close out the year, it’s time to zero in on where the action is—and where the opportunities lie. Whether you’re buying, selling, or just keeping tabs on the market, this breakdown has the insights you need.

The Hottest Market: Pflugerville

If you’re looking for fast-moving real estate, Pflugerville is where it’s at. With only 3.04 months of inventory, homes here are practically sprinting off the market. On average, properties in Pflugerville are selling in just 32 days. For sellers, this means you’re in the driver’s seat—pricing strategically can yield fantastic results. For buyers, it’s time to bring your A-game, because competition is fierce.

The Best Deals: Bastrop

On the other hand, if you’re looking for negotiating power, Bastrop is your go-to. With 7.68 months of inventory, this market offers buyers the chance to explore, negotiate, and find their perfect home. While the median days on market here are still a reasonable 62 days, the slower pace compared to Pflugerville gives buyers a chance to breathe.

Big Picture: Austin’s Market at a Glance

Let’s zoom out and look at the larger Austin metro area:

• Median Sale Price: Austin itself holds strong at $570,000, marking an 8.3% increase year-over-year. This upward trajectory highlights consistent demand in the region.

• Buyer Leverage vs. Seller Control: While hot markets like Pflugerville tilt in favor of sellers, cooler spots like Bastrop provide balance, making the metro area diverse and dynamic for all types of real estate players.

What This Means for Buyers and Sellers

For Sellers: If you’re in a high-demand market like Pflugerville, now is the time to capitalize. Homes are moving quickly, and buyers are eager.

For Buyers: If you’re set on a competitive market, like Pflugerville, come prepared—pre-approvals and a clear strategy are key. However, don’t overlook areas like Bastrop, where you’ll find more options and better opportunities to negotiate.

Ready to Make Your Move?

The Austin market is full of possibilities, whether you’re ready to sell or searching for your dream home. Let’s connect to create a strategy tailored to your goals. Contact me today to explore how these trends align with your real estate plans.

Stay tuned for more updates as we track the shifts in this dynamic market!