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February 2018

Found 3 blog entries for February 2018.

Our own Jen Templeton was recently featured in Mansion Global one of the top luxury real estate publications in the world.  She was asked about the current market conditions and much more of Austin's West Lake Hills community.

Incorporated as a village in 1953, homes there are now prized as much for their location along winding, hilly roads as for their proximity to both downtown and Lake Austin.

“Buyers are attracted to the Westlake area for many reasons,” said Jen Templeton of Engel & Völkers Austin. “Among them are its excellent schools and proximity to downtown for jobs and entertainment.” West Lake Hills is a suburb to the west of Austin, although “when people refer to ‘Westlake’ they are commonly referring to the larger area served by the

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The solid single-family home sales growth is constant throughout the Austin-Round Rock Metropolitan Statistical Area (MSA) as is the inventory crunch.  Median home prices in the Austin area post a double digit increase over the first month of 2018.

In the Austin-Round Rock MSA, the median price of single-family homes increased by 3.6 percent year-over-year in January 2018 to $290,000. Home sales increased by 8.5 percent to 1,655 sales, citing continual demand. Housing inventory of single-family homes in the Austin-Round Rock MSA stayed at 1.9 months of inventory, the same as last January. These inventory levels remain well below the 6.0-6.5 months of inventory that the Real Estate Center at Texas A&M University projects for a balanced housing market.

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Official RealtorHigh Five Events announces the return of Ben Phillips – Engel & Völkers Austin as the Official Realtor of the 2018 Austin Marathon®. As the Official Realtor, Phillips is currently giving away two Austin Marathon entries and two Austin Marathon VIP passes. He will also have space at the expo and finish line to talk to athletes about their housing needs.

“As a longtime member of the Austin endurance community, I’m thrilled to return as the Official Realtor of the Austin Marathon,” said Ben Phillips, Real Estate Advisor Engel & Völkers. “It’s an honor to be involved with the City of Austin’s marquee running event, supporting not only Austin runners, but runners from around the world.”

Ben Phillips – Engel & Völkers Austin knows Austin extensively and

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