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Updated about 1 month ago, 11/12/2024
Austin Texas hottest neighborhoods
Excerpts from a good article in the Austin business journal on Austin's metro hottest submarkets.
"Neighborhoods on the shores of Lake Travis, in Round Rock and in Driftwood are among the hottest housing markets in the Austin area. That's according to The Business Journals' inaugural hottest housing markets ranking, which is based on third-quarter listing and sales data from Intercontinental Exchange Inc. Overall, the 78726 ZIP code ranked No. 21 among the hottest ZIP codes in Texas.
The average listing price has risen 71% since the third quarter of 2023
The second hottest ZIP code in the metro is Driftwood’s 78619
Surprisingly, the third hottest neighborhood was 78664. Round Rock’s 78664 ZIP code rounded out the metro's top three, with 164 new listings compared to 98 listings sold in the third quarter this year. Homes there carried an average listing price of $404,585, an average sale price of $445,651 and spent an average of 72 days on the market."
https://www.bizjournals.com/austin/news/2024/11/07/austins-h...