2022
REAL ESTATE EDITION
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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 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.
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COMPILED BY DARCY SPRAGUE REAL ESTATE DATA
Data on the real estate market in Southwest Austin & Dripping Springs
78620
78748
2021-22 Southwest Austin & Dripping Springs real estate market at a glance Much like the rest of Central Texas, the residential real estate markets in Southwest Austin and Dripping Springs have seen a sharp increase in home prices over the last year. All ZIP codes in the area saw nearly a 15% increase in home price, with 78620 seeing a nearly 45% increase and 78747 seeing an almost 41% hike. SOURCE: AUSTIN BOARD OF REALTORSCOMMUNITY IMPACT NEWSPAPER
78735
78749
71
MOPAC
78736 78737 78739 78745 78747
290
35
12
N
Median home sales price
Number of homes closed
June 2020-May 2021
June 2021-May 2022
June 2020-May 2021
June 2021-May 2022
$760,000 $525,000 +44.76% $850,000 $740,000 +14.86% $642,000 $524,000 +22.52%
$836,500 $614,950 +36.03% $825,000 $648,125 +27.29% $549,500 $420,000 +30.83%
$450,500 $320,000 +40.78% $487,020 $375,000 +29.87% $620,000 $476,000 +30.25%
78620
78735
78736
78737
78739
78745
78747
78748
78749
17
SOUTHWEST AUSTIN DRIPPING SPRINGS EDITION • JULY 2022
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