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The Gibbs Team

512-431-2403

Keller Williams Realty

May 20, 2016 By Mary Lynne Gibbs

April 2016 Austin Real Estate Review

Rising home sales throughout Central Texas highlight growing urban sprawl, Austin affordability challenges

Apr2016_austinArea

 

May 19, 2016 – Single-family home sales increased in the Austin-Round Rock Metropolitan Statistical Area (MSA) in April 2016, highlighting growing urban sprawl as rising housing costs exacerbate affordability challenges, according to the April 2016 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.

“Much of Central Texas’ home sales activity is now taking place outside of Austin’s city limits, with housing demand driving growth in surrounding counties,” said Aaron Farmer, 2016 President of the Austin Board of REALTORS­®. “The City of Austin’s housing market is drastically different than surrounding areas. In Austin, home sales growth is suppressed, inventory is more constrained and home prices are much higher.”

In April 2016, single-family home sales increased 12.5 percent year-over-year to 3,863 home sales in the Central Texas region. Nearly 80 percent of those homes were sold outside of Austin’s city limits. In the five-county MSA, single-family home sales rose 5.1 percent year-over-year to 2,600 home sales during the same time frame.

Hays County experienced the largest annual gain in home sales in April 2016, with single-family home sales jumping 17.8 percent year-over-year to 338 home sales. Williamson County was the only county in the Austin-Round Rock MSA to experience a decline in home sales in April 2016, with single-family home sales dropping 5.1 percent year-over-year to 816 home sales.

In the City of Austin, single-family home sales held steady at 829 home sales, a 1.7 percent increase from April 2015 and nearly equivalent to the home sales volume in all of Williamson County in April 2016.

“Hays County is one of Austin’s few surrounding areas with entry-level homes priced less than $200,000, a price point with high demand,” said Mark Sprague, State Director of Information Capital for Independence Title. “In Williamson County, demand is highest for homes priced between $200,000 and $400,000, but there is not sufficient housing stock to meet demand, particularly in Round Rock and Pflugerville.”

The rate of growing home prices also slowed in Williamson County in April 2016, with the median price for single-family homes increasing only two percent year-over-year to $255,000. Conversely, the median price in Travis County increased 7.8 percent from April 2015 to $339,500, while median price within the City of Austin jumped 10.6 percent during the same time frame to $359,450.

Despite small gains across the region in April 2016, monthly housing inventory in the Austin-Round Rock MSA remained low at 2.3 months. This is nearly two-thirds less than the 6.5 month-level the Real Estate Center at Texas A&M University cites as a market in which supply and demand for homes is balanced. In Austin, housing inventory remained at near-critical levels of 1.8 months, an increase of 0.3 months from April 2015.

“Housing affordability includes not only a home’s sale price, but the homeowner’s ability to continue to afford the home as property values rise from year to year,” concluded Farmer. “The Austin Board of REALTORS® encourages homeowners to learn how their home is being appraised and all property tax exemptions they might qualify for. A Central Texas REALTOR® can help homeowners contest their assessment by identifying comparable properties and gathering the necessary background information to formulate an appeal.”

Filed Under: Blog Tagged With: Austin Real Estate, Austin Real Estate Market, Keller Williams, Keller Williams Realty, Market Update, The Gibbs Team

May 8, 2016 By Mary Lynne Gibbs

Central Texas Summer Camps 2016

Summer-camp

American Robotics Academy

American Robotics Academy aims to excite, inspire and motivate children about the importance of robotics technology. Our hands-on classes offer an introduction to the fundamentals of engineering design, helping children understand “how things work.” Held in a friendly, sports-like atmosphere, students work in age-appropriate teams and learn how to design, build and test remote-controlled miniature robots. For more information visit roboticsacademy.com.

Abrakadoodle Art Camps

Abrakadoodle Art Classes for kids are all about creativity! Kids use their imaginations while using a wide variety of materials, such as paints, wire, clays and more.  They explore artists, techniques, world cultures and more. For more information on our programs visit us at abrakadoodle.com/tx03.

Anmol Technologies

Children today love being around technology. From gaming consoles to cell phones and 3D printers, our future generations will be the most connected generation ever. Our classes focus on a different aspect of technology that students are already exposed to everyday. From building computer games and websites to coding and programming on a computer and on a humanoid robot, students have fun while strengthening their logic and problem solving skills. For more information visit us at www.anmol-technologies.com.

Art+ Academy

In its 5th year, Art+ Academy offers half-day camps with a perfect balance between fun and instruction. Our camps are perfect for young artists seeking to improve their drawing and painting skills. Come and select from a variety of themed art camps for all ages and interests! For more information visit us at artplusacademy.com.

Art Camps with Art Amore

Art Amore Summer Camps are a chance for young artists to submerge themselves into creativity. Each camp has its own unique theme that will allow us to explore art ideas, techniques and concepts in different and fun ways. Like our classes, our summer camps strike a balance between learning technique and developing the creative spirit. Camps are designed for a wide age range with multiple experienced instructors on hand. Each camp will end with a canvas masterpiece incorporating what we have learned throughout the week. For more information visit www.artamoreaustin.com.

The Art Garage Art Camps

Summer art camp is the most creative and fulfilling 11 weeks of our whole year. We are passionate about creating a space for children to experience art in a positive, encouraging, and engaging environment. We reach out to kids with themes and projects that relate to where they are in life…whether that’s a popular movie theme or an art medium that your child is most excited to explore. Find the perfect camp for your young artist! for more information visit theartgarageaustin.com.

Art & Soul Summer Camps

Mariposas Spanish School for Kids and Art & Soul are joining forces for a fun filled Summer Camp! We have planned a fun and educational week for Summer. Students will learn conversational Spanish through music, games, and hands on activities with Mariposas Spanish School during the first part of their day, then participating in several art lessons with Art & Soul in the latter half of the day. for more information visit artandsoulclasses.com/summer-camps.

Asian American Resource Center

Engage with theater, music, puppetry, and other storytelling traditions through the Asian and Asian American lens. Online registration opens March 5th. Financial aid is available. All camps are 9 a.m. to 5 p.m. with early drop-off and late pickup available. For more information visit us at www.austintexas.gov/aarc.

The Austin Artery

The Austin Artery is an art camp that puts process over product in order to facilitate creative thinking. Campers spend time outside in the morning and afternoon on the large shaded campus of Four Seasons Community School in Northwest Austin. Campers can choose from playwriting, set design, and fiber arts. Campers also explore into the connections between art, math, science, and nature. For more information visit us at theaustinartery.com/

Austin Chamber Music

The 2016 Austin Chamber Music Workshop provides a fun and motivational environment during the month of July to make great music with new friends who are at the same age and ability level. With a division for every age there is no reason not to spend your summer collaborating with other musicians who share your passion for music! For more information visit us at http://austinchambermusic.org/summer-workshop.

Austin Children’s Theater

Calling all creative, comical, and charismatic kids! Join us for weeks of artistic fun! Dabble in theater and story-telling, art and music and performance.  Or spend the days sharpening your acting skills as you work towards the goal of putting on a fully produced play or mini musical! Invite family and friends to the final performance. Make ‘em laugh and make ‘em cry as you show off your talents. for more information visit austinchildrenstheater.org/camps/oneweek.

Austin Fencers Club

The modern sport of fencing, descended from the ancient art of the duel, uniquely blends the mental and the physical. Fencing develops fitness, agility, critical thinking, sportsmanship, and competitiveness. AFC’s summer camps offer fun and challenge to fencers of all skill levels. Fencers learn footwork, bladework, tactics and strategy, protocol, and history. For more information visit us at austinfencersclub.com.

Austin Film Festival

The critically-acclaimed and uber-loved Summer Film Camp, presented by Austin Film Festival, returns this June with rocking workshops that promise to teach, inspire, and help kids and young adults create their very own fabulous, funny, thought-provoking, heartbreaking, award-winning (you never know!) short films. for more information visit http://austinfilmfestival.com.

Austin Film Summer Camp

For more than two decades, the Austin Film Society has served as the hub of Austin’s vibrant film community. Summer @ Austin Studios offers a unique opportunity to work with local filmmakers and experience the magic of film and filmmaking. Whether it’s developing a script idea or producing an animation project, AFS programs provide a fun, nurturing space for exploration and collaboration. For more information visit austinfilm.org/summercamp.

Austin International School LES Explore Summer Camp

At AIS summer camp, will take your child on an active adventure, experiencing original games, sports, creative movement, cooking, arts & crafts while learning in an engaging setting. For more information visit us at austininternationalschool.org/2016/01/register-summer-camp-2016.

Austin Junior Golf Academy

The Austin Junior Golf Academy was founded by three notable City of Austin Golf Professionals, dedicated to introducing the game of golf to the next generation of players. Every year, over 350 kids come to the Hancock Golf Course to learn the basics of golf, get professional instruction and have a great time outside! All campers receive an Austin Junior Golf Academy t-shirt, hat, personalized bag tag and backpack full of other golf goodies! For more information visit us at austinjuniorgolfacademy.com.

Austin Karate Camp

DFPS (Dept. of Family & Protective Services) approved Karate Summer Camp helps kids age 5 – 14 years old get healthier with a combination of martial arts, fitness and personal development training. The structured drills help the youngsters overcome shyness and timidity. They become more confident and assertive as they learn to move and control their bodies. Self-confidence and Self-Esteem grow. For more information visit austinkarateacademy.com.

Austin Pre-Freshmen Engineering Program

Deadline to submit application materials and registration fee is May 13, or until all seats are filled. Parents must attend orientation on May 26. For more information visit htu.edu/academics/special-programs/ausprep.

Austin Public Library Friends Foundation

Each summer, Badgerdog enlists Austin’s most talented writers and teaching artists to lead three week creative writing workshops. These workshops allow rising 3rd through 12th graders to work with a member as they explore, experiment, and create new written works. Workshops are limited to 15 students and campers are grouped according to age. The registration fee includes a writing journal, a t-shirt, and a copy of the camp anthology. For more information visit us at www.austinlibrary.org.

Austin Sailing Camps

Our all-inclusive sailing camps are divided by experience level and include healthy snacks and a full buffet lunch each camp day. Sessions run June-August. Camp staff are highly credentialed and have years of experience working with children. For more information visit us at austinsailboatrentals.com.

Austin Scottish Rite Theater Summer Camp

Austin Scottish Rite Theater’s summer camps offer week-long exploration of various performance topics: Acting, Music, Dancing, Puppetry, Shakespeare, and Stage Combat. At week’s end, campers will present a showcase performance on the historic Scottish Rite Theater stage. For more information visit us at scottishritetheater.org/education.

Austin Tennis Academy

This summer, your child can take advantage of the Austin Tennis Academy’s tennis camps to progress at a rapid rate. Each camp is designed to provide the greatest development of your child’s technical skills, mental toughness, and tactical performance levels. We offer a morning tennis camp from 9-12 noon for beginner to intermediate level players, an afternoon camp from 1-4pm for advanced players, as well as an all day camp that includes morning tennis and afternoon off-site fun activities. For more information visit AustinTennisAcademy.com.

Austin Yacht Club Junior Sailing Camps

Junior Sailing Day Camp for ages 8 to 16 includes special activities on Lake Travis. Juniors will learn the fundamental skills aboard our fleet with a camper to counselor ratio of 1 to 4. Through a combination of classroom discussion, land activities, on the water drills, and games, our campers gain the skills necessary to become life-long sailors! For more information visit us at austinyachtclub.net/junior-sailing-day-camp.

Badgerdog

Austin writers lead three-week writing workshops for rising 3rd-12th-graders. These fun and creative workshops inspire and instruct young people in the crafts of poetry, fiction and nonfiction. All campers are published in a professional-quality anthology. Camp concludes with a reading and book-release party at the Austin Teen Book Festival. For more information visit us at austinlibrary.org/site/PageServer.

Ballet Austin

Imagine, Dance, Discover and Play at Ballet Austin this Summer! Broadway musicals, bugs, dancing elephants, enchanted forests and magical kingdoms are found in these summer’s camps for kids. For more information visit us at www.balletaustin.org.

BAM Academy Summer Camps

Parkour: BAM Academy Parkour Camp is a 5 day SUMMER camp in Austin where your kids get to experience our dynamic Parkour Space. Your kids will not only have fun but will also learn the safety behind getting over, down and up obstacles, with some acrobatic skills and awesome parkour games and challenges thrown in.

Light Saber: With our Lucas-certified Light Saber coach, we will teach you from making and brandishing your Light Saber to showing the ways of the force. Come to BAM Academy to learn Jedi fighting forms and choreography from the movies. This is a must do camp in Austin!

American Girl:  Pack your American Girl Doll and accessories and come to the fun-filled American Girl Doll Camps. Don’t have an American Girl Doll? Don’t worry! Any 18″ doll will do. These fun camps for 5-11 year olds will explore the experience of American girls from colonial times to the present through crafting, games, and theatre! We will be learning history through games, stories, crafts, and lots of cooking. Victorian tea party and demonstration on what they learned on Friday.

Harry Potter: Campers will be immersed in the fictional world of Harry Potter. They’ll start off by being sorted into one of four houses. During this magical week students will experience Potions Making, Potter Production, Charms, Muggle Magic, Care of Magical Creatures, Quidditch and plenty of games that will give them chances to earn points for their houses. Who will win the House Cup?

For information regarding location and dates visit www.thebamacademy.com.

Bear Creek Stables Summer Camps

Horseback riding program individualized for beginners, intermediate, or advanced riders. Swim camp includes lessons and is divided by swimming level. For more information visit us at bearcreekstables.com/camp/main.htm.

Bits, Bytes, & Bots Computer Adventures Summer Camps

Options include video game design, LEGO robotics and stop-motion and Minecraft. All camps are for ages 8-14, except LEGO WeDo Robotics (ages 6-7). For more information visit austintx.bitsbytesbots.com.

Boy Scouts

Cub and Boy Scouts learn new skills outside and indoors plus make lifelong friends at a full slate of day and overnight camps this summer. And starting this year, boys don’t have to be Scout members to join in the fun in the Summer STEM Discovery day camps. Kids explore how the world works and the science behind it, all while having fun. 13 different locations and times. For more information visit us at www.bsacac.org.

Brandy Perryman Shooting Camp

This basketball camp is run by former UT player Brandy Perryman, who will holds the team record for free-throw shooting! The camp is a four-day, shooting-intense session mirrored after the camps that Perryman attended as a child. All camps include 32 hours of instruction, with individualized drills and competitions. For more information visit us at bperrymanshootingcamp.com.

Bricks for Kids Summer Camps

Variety of 5-day and 4-day themed camps that provide educational play using LEGO bricks, ranging from crafts to stop-motion animation. For more information visit bricks4kidz.com/texas-roundrock-austin/camps.

Cameron Equestrian Center Horse Camp

Week-long camps for beginning, novice, intermediate and advanced riders. Children are assigned a horse to experience true training of ownership. Some gear not provided by the camp. For more information visit cameronequestrian.com.

Camp Balcones Springs

Camp Balcones Springs was founded on Christian principles and our goal is to change lives for the better through relationships, spiritual impact, and fun. We are redefining the camp experience for children ages 7 to 17 and have one of the highest counselor-to-camper ratios in the industry. With unique activities and traditions CBS is the perfect place for your camper to call home. For more information visit us at campiscool.com.

Camp Bluebonnet

Week-long day camp in Killeen, TX for those who have diabetes & siblings held at transportation provided from 3 Austin areas. Also offers a CIT Weekend. For more information visit childrensdiabetescamp.org/camp.

Camp Brave Heart

Free three-day camp that combines grief support with a recreational camp. Open to any child in the community who has lost someone in the past year. For more information visit us at hospiceaustin.org/about-hospice-austin/campbraveheart.

Camp Cedarbrook

Camp Cedarbrook Texas is a Christ-centered, Bible-based, outdoor program that provides a camping experience for girls and boys (separate camps). For more information visit us at cedarbrooktexas.com.

Camp Champions

Resident camp in Marble Falls with various lengths of stays of one week or more available. Activities in waterfront, sports, outdoors and fine arts. For more information visit us at campchampions.com.

Camp Doublecreek

Come catch the vision at Camp Doublecreek as we celebrate over 40 years of making memories and lifelong friendships. We offer activities that are creative and age appropriate, including: horseback riding, archery, swimming, arts & crafts, mini golf, gun safety, climbing wall and more. Free transportation is provided from 13 different pickup points from South Austin to Cedar Park. For more information visit us at campdoublecreek.com.

Camp Eagle

Christian camps that incorporate outdoor adventures. For more information visit us at campeagle.org.

Camp Fire Summer Camp

Camp Fire Summer Camp is 10 weeks of fun in nature! Each week of camp has a unique theme related to science and nature, with learning activities and field trips related to that theme. Camp Fire is all about getting kids more connected to the outdoors, and strengthening the bond between science and nature. Camp runs from 8am to 5pm Monday-Friday, with early drop-off and late pick-up available. Visit our website for information about weekly themes. For more information visit us at camp-fire.org.

Camp Huawni

Located in the Piney Woods of East Texas, Camp Huawni is family-owned/operated since 1965. Each child will experience that life is meaningful and so are its relationships. Our 3:1 camper-to-counselor ratio fosters deep relationships while having tons of summer fun. Fro more information visit us at www.summercamptexas.com.

Camp in Motion

The experience includes sports, friends and fun in an inclusive environment. Campers participate in individual and group activities with Dell Children’s pediatric physical and occupational therapists and YMCA program staff. For more information visit dellchildrens.net/camp-in-motion.

Camp Indigo

A week-long camp that promotes increased confidence, communication and respect for the self and others. Activities include music-making and gardening. For more information visit us at amalafoundation.org/youth-programs/camp-indigo.

Camp Invention

Children work in diverse teams to engage in investigations, experiments and engineering challenges. Week-long camps at various locations. For more information visit us at campinvention.org.

Camp Lantern Creek

An all-girls sleepaway camp to help each girl find their voice, discover her path, and learn new life skills. For more information visit us at camplanterncreek.com.

Camp Olympia

Traditional residential summer camp for girls and boys located on Lake Livingston. For more information visit us at campolympia.com.

Camp Rio Vista & Sierra Vista

Two separate camps with one purpose—to provide a safe, wholesome, fun-filled learning experience to every boy and girl. Our camps provide a safe, wholesome, fun-filled, learning camp experience to every boy and girl. Giving children a summer filled with excitement, adventure, and the great outdoors. Campers join us on our brother/sister campgrounds for a fun-filled summer and become part of our Vista Family. For more information visit us at vistacamps.com today!

Camp Stewart

Christian-oriented, non-denominational camp for boys that offers more than 60 activities, including archery, ecology, and horseback riding. For more information visit us at campstewart.com.

Camp Sweeny: Camp for Children with Diabetes

Three-week residential diabetic life skills training program. Campers learn to recognize and treat signs of dangerously high & low blood sugar levels. For more information visit us at campsweeney.org.

Camp Umlauf

Summer Camp at the UMLAUF offers an extraordinary art adventure in a natural oasis! Camps include: Building, Forming, Exploring 3D; Wonders of the Natural World, Drawing from Sculpture, Claymation, Stop Motion, Puppet making and more! All supplies included. For more information visit us at umlaufsculpture.org/summercamp.

Camp Wilderness Ridge

Camp Wilderness Ridge is a non-denominational, wilderness-oriented Christian leadership camp for young men located on 215 beautiful acres in the Lost Pines (45 minutes from Austin). For boys 7-17. For more information visit us at wildernessridge.com.

Capital School of Austin Summer Camp

For children identified as having speech, language, or learning differences. Camps grouped by language ability, academic level, social skills and age. For more information visit us at capitolschool.com/Programs/Summer%20Camp.htm.

Champions Westlake

Summer Camp at Champions Westlake is one of the most exciting things we do! Our Camps combine educational, theme-based adventures with our renowned gymnastics program. Campers get concentrated time with their favorite coaches in an action-packed environment full of creativity! Ages 2 through 14, we have a camp for you! For more information visit us at ChampionsWestlake.com.

Chaparral Ice

We offer summer day camps for the active, skating-loving camper! We have two options this summer: Camp Avalanche, with field trips and other fun, and Camp Des Champs, which helps your little skater reach their true skating potential through on- and off-ice training. See our Web site for full details. For more information visit us at chaparralice.com.

Charlotte’s Saddlery

Charlotte’s Saddlery offers “Everything for Riding – Except the Horse!” We are a Texas family-owned and operated business, providing clients with knowledgeable sales staff in the English and Western disciplines. We provide an array of equipment and tack needs. We specialize in outfitting young riders for their spring and summer camp equestrian camp experiences! For more information visit us at www.charlottes-saddlery.com.

Club Z Summer Camp

Provides a variety of activities, games and projects, as well as several field trips. For more information visit us at zsclubhouse.com.

The Contemporary Austin Art School

The Contemporary Austin Art School at beautiful Laguna Gloria provides almost 300 exceptional young artists’ classes June-August with art skills, vocabulary, cool materials, and projects to take home. For more information visit us at thecontemporaryaustin.org/artschool.

Cordovan Art School Camps

Half-day and full-day camps available in age groups 5-7, 8-12, and 13-16. Each week-long session has a different theme. Extended care hours offered. For more information visit us at cordovanartschool.com/round-rock.

Country Home Learning Center Summer Camp

Curriculum units are theme-based and include topics such as: Adventure Camp and The Lone Star State and may include field trips. For more information visit us at countryhomelearningcenter.com.

Courage Cheer & Dance United

Courage Cheer and Dance is committed to serving the athletes in Liberty Hill, Austin, and the surrounding areas. Whether it be cheerleading, dance, tumbling, or Parkour, our highly trained staff will work to instill your children with what can be used not only in their athletic endeavors, but throughout their lives. For more information visit us at www.couragecheer.com.

Creative Action summer Camps

Creative Action Summer Camps are among the most popular in Austin! That’s because our camps are not just fun; they also offer children, ages 5-14, our summer enrichment curriculum based on Creative Action’s 4C principles of creative youth development. We aspire for our campers to be Creative Artists, Courageous Allies, Critical Thinkers, and Confident Leaders. For more information visit us at creativeaction.org/programs/camps/summer-camps.

Creative Side Jewelry Academy: Young Metalsmiths Summer Camps

Creative Side Jewelry Academy, the top jewelry crafting and metalsmithing school in central Texas, is now offering week-long Summer Camps (ages 10-15). These camps will provide a safe and creative environment where teens have the opportunity to learn fundamental metalsmithing techniques using copper, brass and silver. The class is led by professional artist and educator. Under her guidance, students will increase fine motor skills while learning to make sculptural jewelry pieces. They will learn sawing, riveting, filing, hammering, drilling and finishing skills, and much more. Students will create multiple pieces throughout the week and be encouraged to develop their own design skills. For more information visit us at creativeside.org/classes/youth.

Curious Einstein

An academic enrichment camp. Weekly themes include Awesome Authors, Game Development, and Nature. for more information visit curiouseinstein.com.

Dance Discovery Summer Camp

Themed, four-day camps available for age groups vary by week. One-day camps for ages 11-16. For more information visit us at austin-dance.org.

Ester’s Follies School of Comedy

This summer, Esther’s Follies launches the Esther’s Follies School of Comedy. Starting in June, Austin’s longest-running comedy revue will be offering special summer camp sessions to kids 8-15. These week-long intensives, taught by the talented cast of Esther’s, will teach kids and teens the art of tomfoolery. Students will learn how to sing, dance, the fundamentals of sketch comedy and improv. For more information visit us at www.esthersfollies.com.

Extend-A-Care

All-day Licensed Child Care for children 3-12 years old: Extend-A-Care for Kids Summer Day Camp offers curriculum based on weekly themes from literature books our students read, and the curriculum offers children a constant source of new and interesting material and activities such as arts & crafts, cooking, painting, science, math and more! The children will attend two swim trips per week, one field trip each week, and participate in sports camps! For more information visit us at eackids.org.

Fantastic Magic Camp

Each day there will be a magic juggling and puppetry classes, and other activities that vary each session, such as balloon twisting and clown classes. For more information visit us at magiccamp.com.

FCA Leadership Camp

Led by Fellowship of Christian Athletes student leaders, provides sports and life leadership training and competition. For more information visit us at texasfcacamps.org.

Film and Media Camps- UT Austin Radio-Television-Film

Your kids will have a blast collaborating with other creative youth to make their own movies, write screenplays, animate drawings, develop music, or design video game environments while learning from some of the best media makers in Austin at UT’s Radio-Television-Film Department. For more information visit us at www.rtf.utexas.edu/camps.

Game Worlds Camp

Students don’t just learn what goes into a game, they create their own, and spend a week surrounded by counselors and students who share their passion. For more information visit us at gameworldscamp.com.

Girl Scouts

We are proud to offer multiple day and resident camps with a wide variety of programming and camping options. Campers may attend sessions that cater to their special interests, or try something completely new! Choose from making a movie, building a robot, exploring myths and legends, horseback riding, and much more. For more information visit us at www.gsctx.org.

Girls Empowerment Network

Girls Empowerment Network’s summer day camp, campGEN girls participate in fun, interactive workshops during weeklong sessions that are designed to help girls feel more confident as they navigate girlhood. Girls will gain new skills, new friendships, and a new sense of self! Aftercare available. For more information visit us at www.girlsempowermentnetwork.org.

Girls Rock Austin

A weeklong nonprofit camp dedicated to empowering girls and women of all backgrounds and abilities through musical education and performance. 3 sessions: June 9, July 21 and Aug. 4. For more information visit us at girlsrockaustin.org/girls-rock-camp.

Girlstart Summer Camp

Week-long STEM (science, technology, engineering & math) programs for girls. Split into Junior (entering 4th-5th) or Regular (entering 6th-8th) camps. For more information visit us at girlstart.org/our-programs/summer-camp.

Golf in Schools

Come join Golf in Schools for a fun week of learning golf in Austin and surrounding areas. Students receive in-depth training in golf swing fundamentals, rules, and etiquette of the game, as well as critical life skills teamwork, goal setting, and striving for the personal best. Our highly developed curriculum makes learning golf fun for every student. For more information visit us at www.golfinschoolsusa.com.

Heart O’ the Hills Summer Camp

A traditional summer camp for girls in which campers choose nine of approximately 50 class offerings in which to participate during their stay. For more information visit us at hohcamp.com.

Hideout Theatre

Hideout Theatre’s improv summer camps build communication and cooperation skills while showing campers a great time! Kids learn the basics of improv, storytelling, and stagecraft. They’ll play improv games, perform scenes, and do crafts. On the final day, campers perform in a showcase for friends and family. For more information visit us at www.hideouttheatre.com/summercamp.

Human Path

Forest Ninja Nature Camp. Wilderness Scout Camp. Camping 101. Bow-making and Woodlands Archery camp. These are just a few of the exciting outdoor nature themed camps that The Human Path offers, starting over spring break week and running through the summer in the Texas hill country. Sibling discounts available. For more information visit us at www.thehumanpath.com.

ID Tech Camps & ID Tech Academics

Weeklong summer programs where ages 7-17 create apps, C++ and Java programs, video games, robots, and more! Held at over 80 prestigious universities nationwide including St. Edward’s, Stanford, Princeton, and others. Also 2-week, pre-college summer programs for ages 13-18 at select universities: iD Programming Academy, iD Game Design & Development Academy, and iD Film Academy. For more information visit us at www.iDTech.com.

Iron Horse Country Ranch

Motorcycle riding camp – motorcycle, gear and training provided. Students can be picked up and dropped off at schools in North Austin and Georgetown. For more information visit us at www.ironhorsecountry.com.

iQuest Global Enrichment Center

Create, design, explore! From IQuest TV production to improv comedy and sports broadcasting, to African Safaris and Chinese, there is fun to be had at IQuest! Mentors and instructors inspire students to take risks, think independently, and discover new skills. For more information visit us at iquestaustin.com.

JCC Summer Camps

Camp Gan Kef for those with birthdays between 9/1/10, and 9/1/2013, and a variety of camp programs for students entering K-10th grades. For more information visit us at www.shalomaustin.org/camps.

Jump! Gymnastics

Jump! Gymnastics offers 1-week, half, full and extended day opportunities for children to explore their imaginations through theme-based curriculum featuring gymnastics, art exploration, interactive centers, social integration, dramatic play, yoga & music. For more information visit us at jump-austin.com.

Junior Summer Math Camp (1/2 Day)

The half-day Junior Summer Math Camp (JSMC) engages students in fun math activities, developing their foundational math skills with hands-on learning. Camps will be held in San Marcos and Round Rock. For more information visit us at txstate.edu/mathworks/camps/half-day-jsmc.html.

Junior Summer Math Camp

The Residential JSMC is an immersive summer program for middle school students who are excited about doing mathematics. The goal of the program is to develop young students into creative and critical thinkers. We nurture students’ interests and abilities to pursue higher-level math courses and degrees and careers in math, science, engineering, and many other fields. For more information visit us at txstate.edu/mathworks/camps/residential-jsmc.html.

Kids with Pens

Kids with Pens offers week-long creative writing camps led by published authors. Each day includes fun, innovative writing prompts and lessons on the fundamentals of storytelling. Campers craft stories, poems, and plays, all while learning splendiferous vocabulary words. All campers will be published on the Kids With Pens blog, allowing them to be published! For more information visit us at www.kidswithpens.com.

kidsActing

kidsActing offers a wide variety of popular summer camp options in 12 Austin area locations that give kids between the ages of 4 and 18 an opportunity to try musicals, comedy, improv, show choir, stage combat and more. They will have week-long classes and multi-week sessions that will culminate in a full production. There is something to channel the creativity in every child! For more information visit us at kidsactingstudio.com.

Kidstar Performing Arts Summer Camps

Children are immersed in dance and drama games, art, music, choreography and costuming as they build an original, child-centered musical. For more information visit us at creativedanceadventures.com/programs/kidstar-at-athena.

Learning Fun 101

Do you want your child to do something unique and absolutely cool this summer? How about having them learn how to build and design Robots using the LEGO bricks? Students will learn basic robotic, engineering and programming principals. Lots of fun and hands on learning. No experience needed! To register: http://www.learningfun101.com/event registration

Lones Star Hoops Youth Basketball Camp

Fundamental-based basketball developmental camp for boys & girls. The 4-day camp emphasizes five disciplines of the game. For more information visit us at lonestarhoops.com.

Lonestar Soccer

Half- and full-day camps are available to U5-U12 boys and girls of all skill levels at the eight Lonestar Soccer Club locations, from South Austin to Williamson County. A typical day will include skill-targeted drills, tactical practices, speed and agility training, and a World Cup tournament. For more information visit us at lonestar-sc.com.

Mad Science

Three-hour or six-hour camps offered at a variety of locations. Each week has a different theme and incorporates hands-on science activities. For more information visit us at austin.madscience.org.

Marmalade Skies

No more “Mom I’m bored days” when your young artists create with us!o. Each week’s activities are INSPIRED by a new theme! Daily we will explore fine arts with KidzArt Art Austin and Marmalade Skies amazing arts and crafts projects. Full and half-day camps. For more information visit us at marmaladeskiesaustin.com/camps/summer-camps.

Magellan International School Summer Camp

This summer, we welcome both Magellan and Austin Community families to our Spanish Immersion Summer Camp! From June 20 – July 22, children from Preschool age through 2nd grade (entering fall of 2016) can join us as we travel across the world! We are also delighted to offer a variety of learning opportunities for students heading into grades 3rd through 8th this summer through our camp partners. Whether your child needs time exercising his or her brain or body (or both!), there are opportunities galore. For more information visit us at magellanschool.org/magellan-community/summer-camp.

Math Works Honors Summer Math Camp

The Mathworks Honors Summer Math Camp (HSMC) is an intensive multi-summer program for high school students who are excited about doing mathematics– the goal of the program is to develop talented youth of all backgrounds by an immersive and in-depth experience in an unique learning environment. Students develop important skills for future degrees and careers in math, science, engineering, and many other fields. For more information visit us at txstate.edu/mathworks/camps/hsmc.html.

McKinney Roughs Nature Camp

Campers ages 5 to 12 explore the outdoors at beautiful McKinney Roughs Nature Park and learn about wilderness skills and native plants and animals. Older campers enjoy swimming, a challenge course and raft trips. Located just east of Austin, the camp offers full-day camp. Extended care and a convenient Austin shuttle are available. For more information visit us at lcra.org/naturecamp.

Moolah U Camp

Children create their own businesses and learn how money works. Held at 11 locations with a built-in flow of customers. Extended care hours available. For more information visit us at moolahu.com/camps.

Orpheus Academy of Music

Experience the joy of music making in small groups with experienced, friendly teachers. Students engage in many different activities which build rhythm, pitch, reading music and more. Students are broken into small groups by age and ability where they can build musical friendships and joyfully learn to communicate through the beauty of music. For more information visit www.orpheusacademy.com.

Outback Texas Adventure Camp

Activities include tubing, an overnight campout at Enchanted Rock, low and high ropes, caving, rock climbing and rappelling, and more. For more information visit us at newktennis.com/outback-texas-adventure-camp.php.

Paramount Performing Arts

Make lifelong memories at the Paramount and Stateside Theatres! We offer a variety of camps for kids from 4 years old to 12th grade. Half-day and full-day options, including acting, singing, dancing and even stand-up comedy. Camps culminate in either a performance or sharing on one of our historic stages. For more information visit us at www.austintheatre.org/family-education/summer-camps.

Patricia’s Table Culinary Camps

Expand your child’s mind and taste buds this summer with our deliciously fun week-long cooking camps. Our hands-on cooking camps combine culinary techniques, locally-grown foods, and fresh flavors as we create sweet and savory recipes from scratch. Younger chefs will focus on kitchen basics while older chefs will learn more advanced culinary techniques. Games, challenges, crafts and gardening will be incorporated to spice up each camp. Our professional team of culinary instructors and assistants will help create a memorable experience for your chef! Ages 3-teen. For more information visit us at patriciastable.com.

Rio Vista Farm Summer Camp

Horses, Horses, Horses. Our horse centered weekly camps include Daily English riding lessons, Daily horse care lessons and a Weekly camp Horse Show. Afternoon rides take place in our covered arena, with some afternoons scheduled as cool-off time in the swimming pool. Campers with prior riding experience work on building their skills, while those new to horses learn the basics of horsemanship taught by experienced, professional instructors. For more information visit riovistafarm.net/camp.

Rock Camp USA- Austin Music School

Young rockers can get a summer full of experience in one session at Rock Camp USA. Campers will record a CD in a studio, perform live at a real venue and receive a multi-tracked and professionally edited DVD of the show. Two sessions available. For more information visit us at rockcampusa.com.

Rocky River Ranch

Located in Wimberley, Rocky River Ranch has been operating as a private residential summer camp for girls since 1953, with a variety of session lengths. The perfect summer is waiting for your daughter at Rocky River — filled to the brim with new friendships, challenging activities and lots of fun! for more information visit us at rockyriverranch.com.

Round Rock Express Baseball Camps

The Round Rock Express baseball camps offer big-league quality instruction on the fundamentals of the game of baseball. Express baseball camps range in ages and offer opportunities for all skill levels. We pride ourselves on providing high-level baseball instruction from knowledgeable and experienced coaches. Express camps aim to develop the complete ballplayer by not only focusing on the physical skill sets, but leadership and mental skills as well. For more information visit us at www.roundrockexpress.com.

The Scholar Ship

The Scholar Ship is a science lab and toy store for kids ages 4-12. Our goal is to build on a child’s fascination with the unknown, using familiar, fun, hands-on activities to inspire them to think creatively about the world around them, and to lay a foundation for lifelong love of science, technology, engineering, and math. The Scholar Ship weekly camps will focus on a new area of science, working towards mastery of the subject by week’s end. Snacks, drinks and take-home kits are included in cost. For more information visit thescholarship.rocks/pages/camps.

School of Rock Austin Summer Camps

Performance Rock Camp’s The School of Rock is the nation’s premier performance-based music school. Whether you are already a Rock Star or have never picked up an instrument, we have a Summer Camp that is right for you! We offer Beginner Camps as well as Performance Camps featuring Classic Rock. We even have a special Heavy Metal camp for the shredders! For more information visit us at austin.schoolofrock.com.

Sherwood Forest Faire

Young Lords and Ladies spend a week unplugging from the modern world and learning about life in medieval times. They will learn things like leatherworking, blacksmithing, swordplay, theater, pottery and candle-making, plus they get to sleep in a castle! Three sessions this year, with only 80 campers per session. Sign up now! for more information visit us at sherwoodforestfaire.com.

Soccer Shots

Join Soccer Shots for a fun-filled week playing the world’s greatest game! Camp includes individual soccer skill development through creative and imaginative play, arts and crafts, and lots of fun! Half-day (3-5) and full-day (K-2nd; includes pool time) options available. For more information visit us at soccershots.org/austin.

Spanish Enrichment Camp

Offering fun summer Spanish Enrichment classes! In these classes children will acquire Spanish vocabulary, conversational and reading skills, and pronunciation through engaging and exciting activities. Daily lessons include: singing, movement, speaking, hands-on games, student-teacher interaction, and more! The program is divided into stimulating weekly units – students can join at any time and at any level! For more information visit spanishschool.wufoo.com/forms/agot-spanish.

Sportball

Sportball teaches the basics of Sports in a fun and creative way! o What a fantastic experience for a child! Available in full-day sessions as well as morning or afternoon half-day sessions. Sportball camps focus on the eight core Sportball sports including hockey, soccer, tennis, baseball, basketball, volleyball, golf and football as well as arts and crafts, snack time, stories, music, co-operative games and theme days. Camps are run indoors and outdoors, depending on the location and weather. For more information visit www.sportball.us.

St. Andrews

(May 31-June 24) Aspiring artists, athletes, scientists, and achievers ages 4–18 are invited to join the St. Andrew’s family for a summer of fun and friendship! Unicycling, zoology, architecture, and musical theatre are just a few of our popular camps. Younger campers can enjoy half- or full-day camps that blend games, sports, and creative activities. Read a complete camp list and register online at sasaustin.org/summer.

Stepping Stone School

Stepping Stone School is dedicated to preventing summer ‘brain drain’ with a wide variety of activities and themed summer sessions to keep children active and learning while having fun. Full S.T.E.A.M. Ahead units include Technology and Engineering. Program also features sports, the acclaimed Young Entrepreneurs & Philanthropists project, great field trips, chess and more. For more information visit us at steppingstoneschool.com.

Summer Spark

At Summer Spark day camps, located at Zilker Elementary in south central Austin, your children come alive as they engage in weekly creative problem solving challenges. With packed schedules, powerful media everywhere, and performance pressure on schools, we believe that a fundamental component of a strong foundation is missing in the lives of many children today.  The ability to tackle a problem with no set solution – to think creatively and flexibly, to struggle, fail, and try again, to test, revise and reiterate. At Summer Spark, we strive to fill this gap. We are all about physical experiments, purposeful tinkering, messy construction. Creativity Unplugged.  For more information visit us at www.summerspark.com.

Synergy Summer Dance Camps

Students will enjoy daily dance, arts, crafts, tumbling, games and theatre activities. Our camps are taught by professional, experience staff and divided up by age and experience. For more information visit www.synergydancestudio.com/summer-dance-camp.

TexArts Summer Camps

Select from half, full day, or mini camps in musical theater, acting, visual arts and more. Also offers musical-theater intensive camp for ages 7-18. For more information visit us at www.tex-arts.org/academy/summer-camps-2016.aspx.

Texas Ski Ranch

Camp TSR is locally owned and has been operating under the same owner for 13 years. At Camp TSR, kids and teens agees 5-16 can get into action sports including wakeboarding, surfing, and snowboarding with absolutely no experience required! It’s a smaller camp than most, with a cap of 30 campers each week. for more information visit us at www.campTSR.com.

Texas State Aquatics Sciences Adventures Camp

Aquatic Sciences Adventures Camp is offered in two formats. Eight, week-long resident camps and two,2-day non-resident camps are offered. All activities are supervised by faculty and staff members of Texas State University-San Marcos and by certified teachers. Enrollment is limited to 26 students per session, on a first-come first-served basis. For more information visit us at www.eardc.txstate.edu/camp.html.

The Thinkery/Austin Children’s Museum

Program a robot, solve a design challenge or make a messy masterpiece at the Thinkery, the new Austin Children’s Museum. Choose from a variety of innovative, collaborative camps that explore science, technology, engineering, art, math and more. Available during spring break and the summer. Learn more at thinkeryaustin.org/camps.

VentureLab

VentureLab is entrepreneurship education for kids. Our camps introduce students to entrepreneurship skills through specific technology topics such as video game design, maker skills, and more. Students learn what it means to extend their interests and passions outside the classroom as they solve real-world problems! Camps include Gamer, Maker, and Startup 101 and are available for children ages 5-13 (K-8). For more information visit venturelab.org/classes.

 

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Filed Under: Blog Tagged With: Keller Williams, Keller Williams Realty, The Gibbs Team

April 21, 2016 By Mary Lynne Gibbs

March 2016 Austin Real Estate Review

ABoR calls attention to housing diversity issues in Central Texas amidst rising home prices

mar2016_austinArea

March 2016 Statistics

• 2,552 – Single-family homes sold, 9.3% more than March 2015
• $278,000 – Median price for single-family homes, 7.8% more than March 2015
• $347,734 – Average price for single-family homes, 4.5% more than March 2015
• 54 – Average number of days single-family homes spent on the market, unchanged compared to March 2015
• 3,633 – New single-family home listings on the market, 12.2% more than March 2015
• 4,669 – Active single-family home listings on the market, 12.2% more than March 2015
• 2,811 – Pending sales for single-family homes, 7.2% more than March 2015
• 2.0 – Months of inventory of single-family homes, 0.2 months less than March 2015
• $887,419,074 – Total dollar volume of single-family properties sold, 14.1% more than March 2015

April 21, 2016 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, Austin-area single-family home sales increased 9.3 percent to 2,552 home sales in March 2016 compared to the same month the year prior. Median single-family home price also increased 7.8 percent year-over-year, reaching $278,000 in March 2016.

“Home sales continue to rise throughout the region, but for many Austin-area residents, homeownership is just not a feasible option,” said Aaron Farmer, 2016 President of the Austin Board of REALTORS­®. “Longtime Austin residents are being priced out of their homes and many are unable to live close to their work or school. As a city, we have to start being mindful of how our property development, appraisal and code enforcement decisions impact not only housing affordability, but also the diversity of our neighborhoods and communities.”

Demonstrating the need for additional housing supply, Austin-area monthly housing inventory was 2.0 months in March 2016, a decrease of 0.2 months from March 2015. This figure is still well below the 6.5 month level the Real Estate Center at Texas A&M University estimates as a balanced housing market. Homes spent 54 days on market in March 2016, unchanged from the year prior.

Farmer adds, “The City of Austin’s ineffective code enforcement and land development code are immediate barriers to achieving more diverse, affordable housing options throughout our city, both by failing to preserve existing housing stock through proper code enforcement and restricting infill and further development where additional housing options are needed most.”

Blanca Garcia, Owner and Broker with Casa Blanca Realty, specializes in rapid re-housing and serving traditionally underserved populations. She connects her clients with the financial education they need to get preapproved for a home purchase through groups that offer homebuyer education classes, such as those offered through Habitat for Humanity.

“Working families and young professionals have been priced out of the city for years and these affordability issues are now extending to surrounding areas of Central Texas like Manor and Kyle, with some current Austin residents looking as far out as Lockhart to find an affordable home” said Garcia. “We need creative and collaborative solutions to provide more housing inventory and help homeowners continue to call Central Texas home.”

New listings increased by 12.2 percent to 3,633 listings and active listings increased 1.5 percent year-over-year to 4,669 listings in March 2016. During the same time frame, pending sales increased 7.2 percent to 2,811 sales.

“The Austin Board of REALTORS® is taking action to encourage greater housing diversity in Central Texas by providing enhanced REALTOR® education on fair housing and diversity issues. We want homebuyers and sellers to know that REALTORS® can help them take advantage of homebuyer assistance programs and pre-purchase counseling to find their future home,” concludes Farmer.

Filed Under: Blog Tagged With: Austin Real Estate, Austin Real Estate Market, Keller Williams, Keller Williams Realty, Market Update, The Gibbs Team

April 4, 2016 By Mary Lynne Gibbs

February 2016 Austin Real Estate Review

ABoR hones in on region’s mobility issues as Central Texas continues to grow

feb2016_austinArea

February 2016 Statistics

  • 1,783 – Single-family homes sold, 2.9 percent more than February 2015.
  • $269,900 – Median price for single-family homes, 8.0 percent more than February 2015.
  • $333,011 – Average price for single-family homes, 7.6 percent more than February 2015.
  • 62 – Average number of days single-family homes spent on the market, three days more than February 2015.
  • 2,793 – New single-family home listings on the market, 11.1 percent more than February 2015.
  • 4,871 – Active single-family home listings on the market, 10 percent more than February 2015.
  • 2,346 – Pending sales for single-family homes, 12.3 percent more than February 2015.
  • 2.1 – Months of inventory* of single-family homes, 0.1 months more than February 2015.
  • $593,758,953– Total dollar volume of single-family properties sold, 10.7 percent more than February 2015.

March 21, 2016 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, Austin-area single-family home sales increased by 2.9 percent to 1,783 home sales in February 2016 compared to the same month the year prior. Median single-family home price also increased 8.0 percent year-over-year, reaching $269,900 in February 2016.

This continued market growth further emphasizes the need for major improvements to reshape the transportation future of Central Texas.

Aaron Farmer, 2016 President of the Austin Board of REALTORS­®, explained, “The challenges facing our region’s infrastructure are approaching critical mass. Austin-area residents are relocating farther and farther outside of Austin due to affordability issues and yet are spending more and more time stuck in traffic each year. With the rate our region’s population is growing, this is simply not sustainable.”

ABoR’s Transportation Policy Team monitors city and regional transportation plans and projects and engages in transportation policy issues to ensure Central Texas residents have a variety of reliable and efficient modes of transportation.

“We stay on top of the main mobility initiatives in Central Texas, such as the MoPac Improvement Project, and get involved as projects are planned and developed,” said David Hood, ABoR Transportation Policy Team Chair. “ABoR represents a diverse group of Realtors and homeowners across Central Texas, so we look at how a transportation project or proposal will impact these unique populations and the entire region in the long term.”

As the market remains competitive, Austin-area monthly housing inventory was 2.1 months in February 2016, an increase of 0.1 months from February 2015. This figure is still well below the 6.5 month level the Real Estate Center at Texas A&M University estimates as a balanced housing market. Homes spent 62 days on market in February 2016, three days more than the year prior.

New listings increased by 11.1 percent to 2,793 listings in February 2016 and active listings increased by 10 percent year-over-year reaching 4,871 listings. Additionally, pending sales increased by 12.3 percent at 2,346 sales.

Farmer concluded: “The Austin Board of REALTORS® is glad to see Mayor Adler’s regional approach to solving the Austin area’s growing transportation challenges through the Mobility 20/20 Solution. Our region needs a variety of multi-modal transit solutions for our infrastructure to sustain future growth and it’s going to take collaboration between Austin leadership and surrounding cities to make that a reality.”

Filed Under: Blog Tagged With: Keller Williams, Keller Williams Realty, The Gibbs Team

February 22, 2016 By Mary Lynne Gibbs

January 2016 Austin Real Estate Review

Austin-area home sales dip, community leaders tackle affordability issues

Austin Board of REALTORS® releases real estate statistics for January 2016

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Click on any image above to view statistics for each area.

AUSTIN, Texas – Feb. 22, 2016 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, Austin-area single-family home sales dropped slightly in January 2016 compared to the same month the year prior. Home sales decreased by 1.9 percent year-over-year to 1,459 home sales and median price increased 6.3 percent year-over-year, reaching $254,999 in January 2016.

Aaron Farmer, 2016 President of the Austin Board of REALTORS­®, explained, “If we’re going to successfully address our city’s continued affordability issues, we all need to work together. We’re excited that several business owners and community leaders are stepping up and bringing new, tangible solutions to the table to help alleviate some of the challenges.”

Developers such as President of Momark Development Terry Mitchell are working to provide more affordable solutions through projects that provide workforce housing or subsidized housing for families who make 80 percent or less of median family income.

“We all know someone – our children, parents, our children’s teachers and friends – who are affected by the affordability issues in Austin,” said Mitchell. “The lack of affordability is affecting transportation, economic development and literally the future of our city. There are solutions, but they require a clear vision and a willingness to change.”

Executive Director of HousingWorks Austin Mandy De Mayo plays a large role in ensuring diversified housing is developed in Austin. In 2016, HousingWorks will focus on research, advocacy and education through initiatives involving research on the impact of stable, affordable housing on families’ health outcomes, an annual district-by-district analysis of affordable housing, support of CodeNEXT and other key projects.

“Rewriting the land development code is incredibly important to overall market affordability and will ensure that Austin can serve a wide range of households with homes marketed at a variety of price points,” said De Mayo. “We haven’t had a new code since the 1980s and if we can get it right this time, the end result will be a variety of housing options for all income levels.”

Austin-area monthly housing inventory was 2.0 months in January 2016, an increase of 0.1 months from January 2015. This figure is still well below the 6.5 month level the Real Estate Center at Texas A&M University estimates as a balanced housing market. Homes spent 56 days on market in January 2016.

“Inventory has fallen below three months for three years and while we’ve seen this affect home prices for months, it’s possible that we’re now seeing it affect home sales,” added Farmer.

New listings increased by 8.0 percent to 2,399 listings in January 2016 and active listings increased by 11.4 percent year-over-year reaching 4,751 listings. Additionally, pending sales increased by 16.6 percent at 2,207 sales.

Farmer concluded, “We know this climate is confusing for anyone living in Austin and we’re equipping our members to help homeowners navigate this competitive market through programs like our upcoming Member Forum. We’re bringing in development experts like Terry Mitchell, lending advisors and legislative advocates who are helping to shape the affordability landscape in Central Texas.”

January 2016 Statistics

  • 1,459 – Single-family homes sold, 1.9 percent less than January 2015.
  • $254,999 – Median price for single-family homes, 6.3 percent more than January 2015.
  • $322,620 – Average price for single-family homes, 3.8 percent more than January 2015.
  • 56 – Average number of days single-family homes spent on the market, seven days less than January 2015.
  • 2,399 – New single-family home listings on the market, 8.0 percent more than January 2015.
  • 4,751 – Active single-family home listings on the market, 11.4 percent more than January 2015.
  • 2,207 – Pending sales for single-family homes, 16.6 percent more than January 2015.
  • 2.0 – Months of inventory* of single-family homes, 0.1 months more than January 2015.
  • $470,702,965 – Total dollar volume of single-family properties sold, 1.9 percent more than January 2015.

* The inventory of homes for a market can be measured in months, which is defined as the number of active listings divided by the average sales per month of the prior 12 months. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is balanced.

Filed Under: Blog Tagged With: Keller Williams Realty, Market Update, The Gibbs Team

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