Exciting news! A WalletHub study has ranked Austin in the top 10 in multiple categories. One of those is the No. 2 spot on WalletHub’s Best Places to Buy a House list. And Austin takes the top spot for large cities with hot real estate markets. This hot market extends beyond Austin city limits as the housing market data in the region also shows demand is soaring.
Central Texas Market Is Hopping
The Austin Board of Realtors’ Market Statistics report shows the volume of homes sold in June has set records. Part of this stems from the pandemic changing buyer preferences. With more people working from home, buyers want reliable broadband access, a home office, and flexible working and living spaces. Because of their staying home more, they’re looking to suburban areas to find homes with more square footage and outdoor space.
A Community Impact article states that the Central Texas market has been flying since the middle of 2020 according to realtors and economists. It also credits telework with the boom as remote workers move away from expensive cities where they no longer have a commute.
New Homes in Kyle, Texas
Are you in the market for a new home with easy access to Austin in a quiet place? Come check out Kyle, a small town just 20 miles from downtown Austin and 15 miles from shoppers’ paradise in San Marcos. Be warned that the new home inventory in Kyle’s Crosswinds community goes fast.
CoreLogic states the Austin housing prices have surged almost 33 percent from August 2020. As of October, the median price of a new home is $408,350 in Kyle. This is cheaper than Austin’s median sales price of $470,000. A new home only lasts 25 days on the market before it’s bought, so anyone interested in Kyle, TX homes will want to move fast.
The new homes in Crosswinds range from 1,500 sq. ft. to 2,250 sq. ft. Residents will be able to play, swim, and enjoy the trails at the Windy Point amenity center. The trails connect to the amenity center and pool, a kids’ playscape, and an open playfield. The community dog park also gives fur babies a place to run around and play.
Residents choose Kyle for the small-town lifestyle while being close enough to Austin to take advantage of its offerings. Even businesses know the value of living in Kyle as Lowe’s, Amazon, Tesla, and others have or plan to move to Kyle and the Austin area.