Yearly Transactions Plummet, $10 Million Views

Written by me, your expert Downtown Austin real estate agent

Jacob’s Downtown Update Data Dive There was some media going around last week saying Austin only sold half the # of homes as 2019, lowest levels in over 20 years. I decided to look at downtown since 2000: Downtown Market Biweekly Snapshot (Last Update: 10/1/2024) 191 Total Active Listings (194) -2% 14 New Listings (20) -30% 14 Pending (11) +21% 3 Closed (7) -57% *decrease in supply and increase in demand Stay in the Loop Funding secured for Sixth&Blanco project - mixed use project on West Sixth Street providing $10m condos, a hotel, and retail breaks ground with securing a $193m construction loan Help shape Congress Avenue - Congress Avenue Urban Design Initiative is looking for public feedback to make this area more pedestrian friendly. Join me at one of the open houses! Sponsor the 30th Annual Downtown Holiday Stroll - this event attracts +10,000 of Austinites and help supports local vendors and artists. A Recent Snapshot Rainey Street view from $10m, 50th floor of Austonian Reply to this email or give me a call to discuss more about downtown! Was this email forwarded to you? If so, you can subscribe here. Jacob Hannusch (512) 718-1600 Jacob@JacobInAustin.com MODUS Real Estate Real Estate Agent Specializing in Downtown Austin TREC Consumer Protection Notice  |  Information About Brokerage Services View email in browser Jacob in Austin · 1529 Barton Springs Rd #32 · Austin, TX 78704 · USA update your preferences or unsubscribe