Data compares November 2020 to November 2021. Visit abor.com/marketstatistics for more information and for charts on additional counties in Austin's MSA.
Visit us at Floyd Real Estate, LLC, if you are thinking about buying or selling property (residential, commercial, or land) in the Central Texas area. We would be happy to advise you on your real estate related needs.
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Data compares October 2020 to October 2021. Visit abor.com/marketstatistics for more information and for charts on additional counties in Austin's MSA. Visit us at Floyd Real Estate, LLC, if you are thinking about buying or selling property (residential, commercial, or land) in the Central Texas area. We would be happy to advise you on your real estate related needs. Floyd Real Estate is a Texas real estate brokerage, TREC Lic. #9003790 |
On a trip to Las Vegas earlier this year, one of the members of our party spoke wistfully of wagering on horse races at Manor Downs back in the 1990's. I had forgotten about Manor Downs, and for good reason: it stopped holding horse races in 2010 and closed shortly thereafter (though inexplicably it still has a functioning website).
We know people with rental property in the area, thus I keep an eye on the current events in the Manor area. I recently read that Dalfen Industrial will convert the 146 acre Manor Downs site into an industrial park with six buildings (totally about 1 million square feet in aggregate). Construction is expected to begin in the second quarter of 2022 and the estimated time of completion is in the fourth quarter of 2023.
Manor Downs hosted Farm Aid II in 1986. While the new project is not as cool as that, it is a positive improvement to the area and indicative of the regional growth the Central Texas area is experiencing.
If you live in Texas and really want to see live horse racing, you can still find tracks open near San Antonio, Dallas, and Houston.
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Data compares August 2020 to August 2021. Visit abor.com/marketstatistics for more information and for charts on additional counties in Austin's MSA.
Visit us at Floyd Real Estate, LLC, if you are thinking about buying or selling property (residential, commercial, or land) in the Central Texas area. We would be happy to advise you on your real estate related needs.
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Data compares July 2020 to July 2021. Visit abor.com/marketstatistics for more information and for charts on additional counties in Austin's MSA.
Visit us at Floyd Real Estate, LLC, if you are thinking about buying or selling property (residential, commercial, or land) in the Central Texas area. We would be happy to advise you on your real estate related needs.
Data compares June 2020 to June 2021. Visit abor.com/marketstatistics for more information and for charts on additional counties in Austin's MSA.
Visit us at Floyd Real Estate, LLC, if you are thinking about buying or selling property (residential, commercial, or land) in the Central Texas area. We would be happy to advise you on your real estate related needs.
Data compares May 2020 to May 2021. Visit abor.com/marketstatistics for more information and for charts on additional counties in Austin's MSA.
Visit us at Floyd Real Estate, LLC, if you are thinking about buying or selling property (residential, commercial, or land) in the Central Texas area. We would be happy to advise you on your real estate related needs.
Data compares April 2020 to April 2021. Visit abor.com/marketstatistics for more information and for charts on additional counties in Austin's MSA.
Visit us at Floyd Real Estate, LLC, if you are thinking about buying or selling property (residential, commercial, or land) in the Central Texas area. We would be happy to advise you on your real estate related needs.
Data compares March 2020 to March 2021. Visit abor.com/marketstatistics for more information and for charts on additional counties in Austin's MSA.
Visit us at Floyd Real Estate, LLC, if you are thinking about buying or selling property (residential, commercial, or land) in the Central Texas area. We would be happy to advise you on your real estate related needs.
Visit ABoR.com/MarketStatistics for more information and a full press release from the Austin Board of Realtors. The above statistics compare January 2020 to January 2021.The residential market continues to be on a wild upward trajectory. You can see the data above from January, but nothing about these trends has stopped in February. Competition amongst buyers is brutal, with multiple offers and single family homes typically going for well over asking. It's the same story as last month: people keep moving here, there isn't enough inventory (.5 months is wildly low), and interest rates are low. I do think that COVID concerns kept people from listing in 2020. Once COVID concerns abate, the next questions will be: (1) are people deciding against selling because they don't want to have to compete in this extreme seller's market, (2) how many people will decide to stay put (and thus not list their home) because they have refinanced at historically low interest rates, and (3) will the emigration from California tech hubs continue at the current pace? Also, what will become the new standard for close-to-Austin? Lockhart and Elgin, for example, are being casually discussed as suburban areas by my clients (and clients of other Realtors I know). Lockhart may seem far out to a longtime Austinite, but I recall when going to Cedar Park was like driving to another town. Finally, what are we going to do about building more housing?
Visit us at Floyd Real Estate, LLC, if you are thinking about buying or selling property (residential, commercial, or land) in the Central Texas area. We would be happy to advise you on your real estate related needs.Floyd Real Estate is a Texas real estate brokerage, TREC Lic. #9003790
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| A Few Photos From Our Listing on Cat Mountain in Austin |
