Late April and we have not hit 100 degrees yet! This has been a nice Spring. We were lucky enough to get our extended family out for a camping night at the ranch, and I have learned to turn the flash off my iPhone 14 to create and share some cool pics.

In March, new home listings across the Austin-Round Rock-Georgetown MSA jumped to 4,714 new listings, 10.2% more than March 2023, leading to multiple markets reaching four months of inventory, according to the latest MLS data. The numbers indicate that homeowners have confidence in their ability to sell their homes for good value while buyers now have a larger selection of home options, helping to keep price growth flat.

We are personally seeing more sellers reach out to confirm their home value and a better understanding of market timing. Buyers are beginning to think todays lower pricing, as compared to a few years ago, will increase if rates go down. Pent up demand is strong, people are ready to move if the stars align.

It is like piecing together a puzzle, and each situation varies in advice given. In all of our decades

in real estate sales, we have never seen such complex buy / sell / or wait scenarios, but can assure you of a thorough analysis and honest answer when you contact us.

Austin Round-Rock-Georgetown MSA

• 2,563 – Residential homes sold, 0.3% less than March 2023.
• $450,000 – Median price for residential homes, flat to March 2023.
• 4,714 – New home listings on the market, 10.2% more than March 2023.
• 9,478 – Active home listings on the market, 7.6% more than March 2023.
• 3,116 – Pending sales, 9.4% more than March 2023.
• 3.8 – Months of inventory, 0.7 months more than March 2023.
• $1,485,910,275 – Total dollar volume of homes sold, 2.1% more than March 2023.
• 94.8% – Average close to list price, compared to 90.3% in March 2023.

City of Austin

• 900– Residential homes sold, 3.1% more than March 2023.
• $564,995 – Median price for residential homes, 2.7% more than March 2023.
• 1,812 – New home listings on the market, 4.9% more than March 2023.
• 3,430 – Active home listings on the market, 16.1% more than March 2023.
• 1,091 – Pending sales, 6.6% more than March 2023.
• 4.0 – Months of inventory, 1.4 months more than March 2023.
• $672,774,199 – Total dollar volume of homes sold, 6.7% more than March 2023.
• 94.6% – Average close to list price, compared to 94.2% in March 2023.

Travis County

• 1,190 – Residential homes sold, 1.4% more than March 2023.
• $510,000 – Median price for residential homes, flat to March 2023.
• 2,320 – New home listings on the market, 3.3% more than March 2023.
• 4,695 – Active home listings on the market, 11.8% more than March 2023.
• 1,433 – Pending sales, 6.5% more than March 2023.
• 4.1 – Months of inventory, 1.3 months more than March 2023.
• $828,335,704 – Total dollar volume of homes sold, 5.1% more than March 2023.
• 94.5% – Average close to list price, compared to 94.6% in March 2023.

Williamson County

• 869 – Residential homes sold, 6.9% less than March 2023.
• $420,000 – Median price for residential homes, 1.6% less than March 2023.
• 1,398 – New home listings on the market, 11.2% more than March 2023.
• 2,593 – Active home listings on the market, 3.2% less than March 2023.
• 1,100 – Pending sales, 11.8% more than March 2023.
• 3.0 – Months of inventory, flat to March 2023.
• $419,596,592 – Total dollar volume of homes sold, 7.8% less than March 2023.
• 95.4% – Average close to list price, compared to 81.4% in March 2023.

Hays County

• 360 – Residential homes sold, 4.3% more than March 2023.
• $388,005 – Median price for residential homes, 0.5% less than March 2023.
• 689 – New home listings on the market, 23.0% more than March 2023.
• 1,518 – Active home listings on the market, 11.8% more than March 2023.
• 416 – Pending sales, 9.8% more than March 2023.
• 4.3 – Months of inventory, 0.6 months more than March 2023.
• $178,549,900 – Total dollar volume of homes sold, 6.3% more than March 2023.
• 94.9% – Average close to list price, compared to 93.4% in March 2023.

Bastrop County

• 104 – Residential homes sold, 10.6% more than March 2023.
• $374,949 – Median price for residential homes, 2.0% more than March 2023.
• 231 – New home listings on the market, 40.0% more than March 2023.
• 516 – Active home listings on the market, 7.5% more than March 2023.
• 114 – Pending sales, 4.6% more than March 2023.
• 4.9 – Months of inventory, 0.7 more than March 2023. and the highest inventory in the MSA.
• $44,948,504 – Total dollar volume of homes sold, 25.0% more than March 2023.
• 92.4% – Average close to list price, flat to March 2023.

Caldwell County

• 40 – Residential homes sold, 60.0% more than March 2023.
• $304,938 – Median price for residential homes, 0.6% more than March 2023.
• 76 – New home listings on the market, 55.1% more than March 2023.
• 156 – Active home listings on the market, 71.4% more than March 2023.
• 53 – Pending sales, 71.0% more than March 2023.
• 4.6 – Months of inventory, 0.3 months less than March 2023.
• $14,479,575 – Total dollar volume of homes sold, 73.6% more than March 2023.
• 95.3% – Average close to list price, compared to 95.2% in March 2023.

Burnet County

• 58 – Residential homes sold, 26.1% less than March 2023
• $350,000 – Median price for residential homes, 16.4% less than March 2023
• 569 – Active home listings on the market, 53.4% more than March 2023
• 9.3 – Months of Inventory, 4.2 months more than March 2023
• 77 – Days on Market, 16 days less than March 2023
• Price Distribution: Most, 58.2% sold between $200,000-$400,000 YOY
• Average close to list price, 92%

Beautiful Home in Gabriel's Overlook with Backyard Oasis!

Welcome to a stunning home with a complete private backyard outdoor resort experience on a large corner lot in Gabriel's Overlook.

Exterior design elements utilizing stucco and stone accentuate the theme of the improvements. Enter the living area to view a dramatic stone fireplace, stained concrete flooring, and view of the back yard retreat. The highly functional gourmet kitchen acts as a central hub connection of the living spaces. Enjoy a formal dining room, the more casual breakfast nook or the bar seats at the center island for a variety of indoor dining experiences. The large owner's suite features an exquisite bath area with Bella tub and a walk through shower, and the secondary bedrooms are spacious.

Interior features also include customized California Closets in the kitchen pantry and owner's suite. Pet shower stall in laundry room, granite countertops, intricate tile and stone work. The 3 car side entry garage is perfect for your vehicles and a project.

The complete private backyard outdoor resort experience features a large heated in ground pool with hot tub, sun deck with fantastic waterfall and fire features. Several seating areas include the spacious covered pavilion with fireplace and grill, separate covered porch, open patio and quarter moon stone bench with dining area. Exterior features include complete privacy fencing, irrigation system, an underground propane tank and a storage building in the far back yard. Gabriel's Overlook is a gated community developed on classic rolling Texas Hill Country bordering the South San Gabriel River to include a HOA park with river access. The location between Leander, Liberty Hill and Georgetown provides easy access to main commuting, shopping, dining and entertainment.

View the tour at www.100OakPlaza.Info Listed at $798,000.

The Perfect Place to Build Your Lake House On Lake LBJ.

Property Information at: www.Lot3-940EuelMoore.Info

Recently Listed for Sale - Lot 3-940 Euel Moore, Kingsland, Texas 78639 -- This is a rare waterfront lot in Kingsland on gorgeous LBJ, a constant level lake. Kingsland has an HEB, many restaurants and is where the Llano and Colorado Rivers converge, providing spectacular natural scenery as well as big water all the way down to Horseshoe Bay and Wirtz Dam. Head up the Llano towards The Slab for sandy beaches and granite rock outcroppings, explore the Colorado and its' summer camp vibe or find a cove or join the party at a sand island. Dock for food and beverages at Wakepoint LBJ or Boat Town Burger Bar from your future lake house. Big features include 4 completed boat slips with 4 locking storage units and power, creating the perfect place, architectural designs and building plans for a 2400 sq. ft. home. HOA fees are for driveway and channel maintenance. The canal was recently dredged and the lot is approximately 100 yards to open water. Not Builder Restricted. - Listed at $475,000

Please remember if you have any questions about purchasing or selling real estate either now or in the future, call us to discuss your plans and we can help you with your plan.

Jon & C. J. Pfau

If anyone you know might need help with buying or selling or just want to get monthly information for real estate, our link to our newsletter is below. Send it to friends and family. We won't bother anyone but we will give them monthly updates on the market for their own knowledge.

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grateful to give our best.

Jon: 512-635-0232

C.J.: 512-415-0583

Email: Pfaucorealtors@aol.com