Southwest Austin | Dripping Springs - September 2022

REAL ESTATE

Snapshot of the Southwest Austin-Dripping Springs market

MARKET DATA FOR AUGUST Overall, the Austin-area market shows signs of slowing down, with more inventory and stable prices. Some ZIP-codes, such as 78620 which covers Dripping Springs, saw a decline in prices year-over-year.

HOMES SOLDAVERAGE DAYS ON THE MARKET 78620 78735 78736 78737

78739 78745

78747

78748 78749

$1 million+

15/60

5/35 2/28 4/51

2/15 1/26 4/25

16/19

8/14 6/18 7/27 1/20

1/3

- -

-

1/5

$800,000–$999,999 7/40 $600,000–$799,999 12/34 $500,000–$599,999 6/17 $400,000–$499,999 12/17 $300,000–$399,999 1/45

7/9

1/15

2/30 10/18 20/24 26/19 4/20 1/102

4/29 21/30

6/27 1/48

19/18 17/20 14/20 6/26

2/19 7/23

71

360

-

1/5

7/22 3/10

78749

MOPAC

2/19

2/40

- -

- - - - -

15/28

78736

- - -

- - - -

2/3

- - - -

78735

78620

$200,000–$299,999 $150,000–$199,999

- - -

1/44

1/3

- - -

78745

- -

- -

- -

290

78747

$149,999 or less

1/42

78737

78739

MEDIAN PRICE OF HOMES SOLD WITH YEAROVERYEAR PERCENTAGE CHANGE

74748

2021

2022

12

35

N

78620 78735

78736 78737

78739 78745

78747

78748 78749

SOUTHWEST AUSTIN 2021 2022

$1.1 million

+19.41%

$1 million

August

+13%

$900,000

420 325

Closings

$800,000

+29.25%

Median price New listings

+6.02%

5.26%

$576,650 $608,000

$700,000

+3.34%

$600,000

+5.04%

10%

519

410

+9.82%

$500,000

Months of inventory

1.2

2.4

$400,000

$0

Medicare Annual Election Period is October 15th-December 7th, the time of year to check your Medicare benefits!

Barajas Insurance Group Medicare Resource Center

At the Barajas Insurance Group, our goal is to simplify and individualize your insur- ance needs. We are licensed independent agents offering: • Medicare Advantage Plans, Medicare Supplement Insurance Plans, Medicare Prescription Drug Plans • Affordable Care Act (ACA) • Group Health Insurance • Life & Final Expense Insurance

is an insurance agency with no government affiliation. We are now open for all your Medicare insurance needs.

2500 W. William Cannon Drive Bldg. 1, Ste. 101 Austin, TX 78745

We offer most Medicare plans available in this area. Now booking appointments for the Medicare Annual Enrollment Period in both English and Spanish with a local Austin licensed agent.

1-888-347-2278

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE (TTY users should call 1-877-486-2048) 24 hours a day/7 days a week to get information on all of your options.

Joe and Monique Barajas

31

SOUTHWEST AUSTIN  DRIPPING SPRINGS EDITION • SEPTEMBER 2022

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