Southwest Austin Dripping Springs Edition | July 2023

2023

HOME EDITION

COMMUNITY IMPACT IS PROUD TO SAY THANK YOU TO OUR SPONSORS

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The Community Built for Life. You worked hard to create a good life for your family. Now it’s time to live the life you earned. At Belmont Village, we take care of the details. Residents enjoy expansive amenities and services in thoughtfully designed apartments and common spaces for Independent Living, Assisted Living, and Memory Care. Our community design and award-winning programs make it easy for residents to make new memories with family and friends, continue lifelong learning and stay active. Hospitality is unparalleled, with a dining program second to none, concierge and transportation services, full-service salon and spa, heated pool, o-site trips, and a daily calendar of enriching activities tailored to resident interests. Resident health and wellness are supported by highly trained caregivers and nurses on-site 24/7. Telehealth with board-certied physicians is available around the clock. A professionally managed tness center oers therapy services and resident-centered wellness. Tours available. BelmontVillage.com/Austin

LAKEWAY

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REAL ESTATE DATA

COMPILED BY DARCY SPRAGUE

2022-23 Southwest Austin and Dripping Springs real estate market data at a glance While home prices in Austin are falling year over year after a historic spike, increased interest rates mean buyers’ purchasing power is limited. However, increased inventory means buyers have more choices and time when considering a home, according to the Austin Board of Realtors.

78620 78735 78736 78737

78739 78745 78748 78749

MOPAC

290

SOURCES: AUSTIN BOARD OF REALTORS, FREDDIE MACCOMMUNITY IMPACT

Median home sales price

Number of homes sold

June 2021-May 2022

June 2022-May 2023

June 2021-May 2022

June 2022-May 2023

$743,000

$861,500 $860,000

-7.01%

-0.17%

78620

78739

$690,947

$855,000 $880,500

$551,450 $532,750

+2.98%

-3.39%

78735

78745

$632,750 $590,000

$495,000 $489,845

-6.76%

-1.04%

78736

78748

$843,990 $870,000

$625,000 $625,000

+3.08%

78737

78749