Austin Real Estate Update | January 2018




I hope this newsletter finds you well.


This edition includes my latest Featured Listing, market updates about both BartonPlace and Spring Condominium, as well as Austin news and events - enjoy!


Featured Listing

Just Listed - Courtyard Residence for Lease
Residence #6104 - 1 Bedrooms, 1 Bath, 681 SF - $1,900/mo.
Rare first-floor residence offering direct access to the Zen courtyard-ready for immediate move-in! Live where Austin plays-hit the trail just out the front door, walk to Zilker Park, Barton Springs Pool, Uncle Billy's, Austin Java & more. All appliances included. Luxury amenities include a heated saltwater pool, 24/7 fitness facility, rooftop lounges, community garden, dog run, 24/7 onsite staff and more! 1 reserved parking space included.

Popular 1A Floor Plan

Contact me to schedule your private showing!

Audra W. Smith 
(512) 247-8788   
BartonPlace Market Update |
Live the best of both worlds at BartonPlace!
Live the best of both worlds at BartonPlace - see below for current availability:

One Bedroom:

Two Bedrooms:

For more information, or to schedule a personal tour, please contact:

(512) 247-8788   
Spring Market Update  |


Live in the middle of it all, above it all at Spring - see below for current availability: 

For more information, or to schedule a personal tour, please contact:
(512) 247-8788  
ABOR Market Update: Single-family home sales continue to decline in city of Austin, increase regionally

AUSTIN, Texas - Dec. 14, 2017 - Single-family home sales declined in the city of Austin but increased across the Austin-Round Rock Metropolitan Statistical Area (MSA) for the second month in a row, according to the November 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.

Brandy Guthrie, 2017 President of the Austin Board of REALTORS­® commented, "Due to rapid population growth throughout Central Texas, Austin continues to have one of the highest demands for housing in the nation. Homes sales are the strongest where price points are the lowest and where development options are available, such as parts of Williamson and Hays counties. We are seeing some slowing home price appreciation and housing inventory gains, which is normalizing us to a more stable market and aligning us with long-term historical market trends."

Single-family home sales in the city of Austin declined 3.3 percent to 653 home sales in November. During the same time frame, single-family home sales in the Austin-Round Rock MSA increased 3.7 percent year-over-year to 2,196 home sales. At the county level, single-family home sales volume jumped 10.2 percent in Williamson County to 778 home sales and Hays County jumped 14.3 percent to 280 home sales. Due to the decline in home sales volume within the city of Austin, single-family homes sales volume declined 1.3 percent year-over-year in Travis County to 1,032 home sales.

"Even with the market normalization trends we are seeing, home sales volume throughout the Austin-Round Rock MSA is still on-pace with 2016 year to date," added Guthrie. "If this month's home sales volume exceeds that of December 2016, 2017 will most likely be another record-breaking year for the Austin-area housing market."

The pace of home price growth continued to slow in November. In the Austin-Round Rock MSA, the median price for single-family homes increased 2.9 percent year-over-year to $296,500. In Williamson County, the median price for single-family homes was unchanged from November 2016, or $275,000. In Hays County, median price increased 4.0 percent to $260,000 and in Travis County, median price increased 6.1 percent to $341,000. In the city of Austin, the median price for single-family homes increased 6.8 percent year-over-year to $360,000.

"The 2018 Austin-area housing market will be a lot like this year's housing market - slower, but still very strong housing market activity," said Mark Sprague, State Director of Information Capital for Independence Title. "However, there are multiple economic factors to watch out for going into next year. Slowing job growth in Central Texas, the impact of Hurricane Harvey on the price of building materials and housing development costs, and the overhaul of the U.S. tax plan are all factors that could hinder housing market growth and negatively impact housing affordability in the Austin area in 2018."

Free Week 2018: Jan 1-8
From:   www.

Red River Cultural District is vital to the heart of the Live Music Capital of the World, and in January, Red River will put on a show like no other. From January 1 - 8, venues throughout the city host free live music shows to celebrate the artists, venues and thriving culture of creativity in Austin.

FOTOATX Photography Festival 2018: Jan 5-Feb 3

FOTOATX, Austin's new photography festival, showcases the work of Austin photographers for locals and tourists alike, at sites all over town! Follow the link for more details. Produced by the Cultural Arts Division of Austin's Economic Development Department, The Museums and Cultural Programs Division of Austin's Parks and Recreation Department, and other community partners.

Local Food + Drink News

Where to Brunch on New Year's Day 2018 in Austin

After a long night out on the town celebrating the end of 2017 and the beginning of 2018, it's only natural to require some hearty brunch food and a mimosa (or five) to face the first day of the year. To help, Eater put together a list of the  best brunches available on New Year's Day 2018 in Austin, to cure what ails you, revisit last night's adventures, and make your resolutions.

Drown that headache with frozen margaritas at  El Chile, start the year off on the right, luxurious foot with caviar and a mimosa cart at  Jeffrey's, or set some healthy resolutions with  Vinaigrette, this map will help fulfill all brunching needs.

These brunch picks are available on Monday,  January 1, 2018. Some places require reservations and may book up fast, so reserve now.

Make New Year's Eve plans with the best  parties and  dinners celebrating the end of 2017 in Austin. For more New Year's Day inspiration, scope out the city's best  breakfast spotsbreakfast tacos, and  hangover cures, but call to make sure the establishments are open during the holiday. And stick to those New Year's resolutions by exploring Austin's  best healthy restaurants.

Wishing you a Happy & Prosperous  New Year!
I look forward to staying in close contact with you.  Please remember to visit my website  to see all of my current listings, past sales history and client testimonials.
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