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Austin Home Sales on the Rise Again

August 9, 2020 5:43 pm

Sales of Austin TX new homes are on the rebound after a slowdown earlier this year. In fact the area’s real estate market is even hotter than the same time last year due to high demand and low inventory. Interest rates continue to fall, adding even more incentive for buyers to purchase a new home right now.

Homes spent 4 fewer days on the market in June 2020 than they did during the same month in 2019. Average days on the market this June was 44.

Sales of homes in the Austin-Round Rock Metropolitan Statistical Area were 9.3 percent higher in June 2020 than they were in June 2019. Median home price rose by 4.6% during the same time period. The greatest gains in home sales were seen in Hays County, with Williamson County coming in second. Home prices rose slightly in both counties during the past year.

Growing demand for homes has created strong competition among buyers. Many are making offers above the asking price and are still getting outbid. New residents continue to move into the area while current residents are looking to buy new homes and take advantage of low interest rates.

Buffington has been busy building new homes this year to keep up with the demand. We have a great selection of homes available in popular communities throughout the Austin area. In order to serve a broad range of customers we offer homes ranging from the $260’s to luxury homes in the high $700’s.

We currently have homes ready or under construction in San Marcos at Blanco Vista and TRACE, in Round Rock at Madsen Ranch and Villas at University Park, in Driftwood at Rutherford West, in Manor at ShadowGlen, in Bastrop at The Colony, and at Whisper Valley.

Our available homes are situated in amenity-filled master planned communities. Browse our listings to see photos and floor plans. Our video gallery highlights some of the homes we have available. Check out our virtual tour gallery to get 3-D views of our model homes. You can also visit the homes in person by appointment.

Live chat with Kyle Henson or call him today at 512-856-5664 to schedule a personalized home tour or request an updated list of our available Austin TX new homes.

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