austin-area home sales volume hits seven-year high …€¦ · clean & move-in ready condo with...

JKB Realty Group 512.532.5005 www.JKBRealty.com

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May 2014JKB Realty Newsletter

In This Issue• The ABoR Report [1]

• The JKB Listings “Hot Sheet’ [2]

• JKB Featured Listing [3]

• Community Events [4]

• Noteworthy [5]

• Vendor’s Corner [6]

• 2,262 – Single-family homes sold, 7% more than March ‘13.

• $231,750 – Median price for single-family homes, 6% more than March ‘13.

• $296,640 – Average price for single-family homes, 5% more than March ‘13.

• 51 – Average number of days single-family homes spent on the market, 13 days fewer than March ‘13.

• 3,211 – New single-family home listings on the market, 2% fewer than March ‘13.

• 4,964 – Active single-family home listings on the market, 5% fewer than March ‘13.

• 2,669 – Pending sales for single-family homes, 3% fewer than March ‘13.

• 2.2 – Months of inventory* of single-family homes, 0.4 months less than March ‘13.

• $670,999,680 – Total dollar volume of single-family properties sold, 12% more than March ‘13.

AUSTIN-AREA HOME SALES VOLUME HITS SEVEN-YEAR HIGH FOR MARCHAustin Board of REALTORS® releases real estate statistics for March 2014. Information provided by www.ABoR.com. Data release is the 20th of each month. For the most current information please call us on the 21st or after.

According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, Austin-area home sales volume hit a seven-year high in March 2014, rising 7% year-over-year to 2,262 single-family homes sold.

The President of the Austin Board of REALTORS®, explained, “The Austin-area housing market continues its aggressive pace as housing demand continues to accelerate and outstrip supply. Austinites wanting to buy or sell a home this summer should start the planning process with their REALTOR® now.”

According to the report, monthly housing inventory decreased .4 months year-over-year to 2.2 months in March 2014. Austin-area homes also continued to sell at an accelerated rate, spending an average 51 days on the market and 13 days fewer than in March 2013.

The median price for single-family homes was $231,750 in March 2014, a 6% increase from the same month last year, whereas average price increased 5% to $296,640. The total dollar volume of single-family homes sold was $670,999,680, a 12% increase from March 2013.

In addition, the market featured 2% fewer new listings, 5% fewer active listings and 3% fewer pending sales in March 2014 compared to the prior year.

ABoR President concluded, “Housing development is up compared with the same period in 2013, but current trends indicate that the upcoming summer selling season could bring one of the most competitive markets Austin has seen. Austin must enforce housing development policies that allow for a healthy supply of housing options that are readily available and affordable for all members of our community.”

From the Desk of Jessica BruehlRated One of Austin’s 25 Top Realtors

$165M+ Sales « 650+ Closings10+ Years Experience


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The Listings Hot SheetThis lovely home is located on a cul-de-sac and a highly sought after greenbelt lot. The family room includes cathedral ceilings, beautiful wood floors & a wood burning fireplace. The kitchen is open to the family room & features granite countertops, stainless steel appliances, an island, breakfast bar, pantry & an abundance of counter space. The spacious master suite is complete with oversized windows that provide great natural light, walk-in closet, double vanity, soaking tub & separate shower. Upstairs features a great gameroom and 3 additional bedrooms. Entertaining in the fabulous backyard will be easy with the large open patio & wooden privacy fence! This fantastic lot also backs to a 5 acre wooded wildlife area – come explore!

Come see our virtual tour at: http://www.tourfactory.com/1133506

Clean & move-in ready condo with attached 2 car garage located in a peaceful, well-kept gated community. Just minutes from restaurants, shopping & entertainment! The bright living room includes beautiful Pergo flooring & easy access to the kitchen and dining areas. The spacious kitchen features granite countertops, sleek appliances, breakfast area, pantry & an abundance of storage space. The master suite offers coffered ceilings, walk-in closet, double vanity, garden tub & separate shower. The backyard is complete with a spacious covered patio & wrought iron fence.


Lovely condo with attached 1 car garage plus 1 additional designated parking space. Located just minutes from restaurants, shopping and entertainment! The bright living room includes beautiful Pergo flooring and a wood burning fireplace. The fabulous upgraded kitchen features granite countertops, stainless steel appliances and a pantry. The master suite offers an oversized window that provides an abundance of natural light, shower with tiled walls and brushed nickel fixtures. The backyard is complete with a spacious patio and wood privacy fence. As an added bonus the washer, dryer and refrigerator are all included!


This rare 1 story home has a Pottery Barn feel & is move-in ready! The family room includes beautiful wood floors, an oversized window that provides an abundance of natural light & a gas fireplace. The kitchen features granite countertops, stainless steel appliances, breakfast bar, pantry & fantastic storage space. The spacious master suite is complete with wood floors, a walk-in closet, double vanity, soaking tub & separate shower. The office offers high ceilings, wood floors, French door entry & great natural light. Entertaining in the fabulous backyard will be easy with the large covered patio & wood privacy fence! The yard is beautifully landscaped & there is even a garden!


1609 Teal Trail

12300 Abney Drive, Unit B

2808 Grand Mission Way

9201 Brodie Ln. #402

Pending

Available

Pending

Pending


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EVENTS & FESTIVALS1ST FIRST THURSDAY IN DT AUSTINFood, fun, shopping & people watching South Congress Avenue.http://www.firstthursday.info

1ST FIRST THURSDAY IN DT BUDAShop unique antique and specialty vendors while enjoying food from downtown restaurants.www.ci.buda.us

2ND FIRST FRIDAY IN DT GEORGETOWNEnjoy live music & a festive evening atmosphere!http://bit.ly/1oUL7uh

2-4TH AUSTIN PYSCH FESTThere will be on-site camping and three stages with music. The main stage and river stage will have psychedelic light shows in the evening, and a tent stage featuring psychedelic light shows during the day. Carson Creek Ranch, Austinwww.austinpsychfest.com/austin-psych- fest-may-2-4-2014/

2-4TH 42ND CASI REGIONAL CHILICHAMPIONSHIPChili cooks and their fans from all around the state converge at Johnson Park for a weekend of fun! Johnson Park, Marble Falls www.marblefalls.org/events/42nd-annual- casi-regional-chili-championship/

3-4TH OLD PECAN STREET FESTIVALThe Pecan Street Festival is a FREE, bi- annual juried arts and crafts festival held on historic 6th Street in Austin, TX. The show proudly features over 275 artisan vendors from all over the world who display & sell homemade art & craft work. Sixth Street, Austin www.oldpecanstreetfestival.com

3-4TH 2014 LONE STAR JAMLone Star Jam, in its 7th year, is 2-day festival featuring 20 bands over Saturday and Sunday.LBJ Lawn - UT, Austin www.texasperformingarts.org/event/ lonestarjam2014

3RD AUSTIN HEART BALLA Celebration of heart! The American Heart Association (AHA) invites you to join us for an evening of celebrating our work and mission, our donors and volunteers, and most importantly, the lives saved and improved because of your effort. Hilton Austinwww.austinheartball.ahaevents.org

4TH CINCO DE MAYO DOWNTOWN BLOCK PARTYThere are activities for the whole family: face painting, balloon making, dancing, street foods y mas! 400 W. 2nd St, Austinwww.cincoaustin.splashthat.com

6TH 20TH ANNIVERSARY KYLE PETTYCHARITY RIDEWelcome NASCAR’s Kyle Petty to Austin! Kyle will be leading more than 175 motorcyclists and several notable celebrities on their first ever coast-to-coast tour! The Ride raises funds and awareness for Victory Junction, a camp created to enrich the lives of children with chronic illnesses. The community will have the opportunity to meet the riders, receive autographs and take photos. Hyatt Regency Austinwww.facebook.com/KPCharityRide

10TH PACHANGA LATINO MUSIC FESTIVALPachanga is a Latin-themed music, cultural arts and food festival dedicated to showcasing the vibrant blend of Latino-created music and art. The lineup includes rock, alternative, tejano, mariachi, cumbia, salsa, electronic, funk, hip-hop and indie rock. Fiesta Gardens, Austin www.pachangafest.com

10TH GARDENS ON TOURThe day before Mother’s Day, inspire Mom with a tour of private, native gardens. Lady Bird Johnson Wildflower Center, Austinwww.wildflower.org

10TH 2014 YOUTH ARTS FESTIVALView exhibits in visual art, theatre, dance and film. Free workshops in Dance, Visual Art, and Improvisation led by some of Austin’s best professional artists. Lamar Middle School, Austinwww.creativeaction.org/news-events/youth- arts-festival/

17TH MIGHTY TEXAS DOG WALKWAG & SWAG! After a scenic stroll around the Palmer Center’s manicured grounds, join us indoors for state-of-the-art dog products, services, entertainment, games and prizes.Palmer Events Center, Austinwww.servicedogs.org/16th-annual-mighty- texas-dog-walk-2014/

23-25TH RED FEST3 days of music, comedy, reality tv stars and outdoor fun! Austin360 Amphitheaterwww.redfest.com

ART AND CULTURE1-25TH SHAKESPEARE IN THE PARKSee As You Like It performed on Zilker Hillside.Zilker Park, Austinwww.austinshakespeare.org

9TH BALLET AUSTIN PRESENTS: THE SLEEPING BEAUTYLet yourself get swept away into a sublime world of kings, queens, fairy godmothers & storybook creatures. The timeless tale of The Sleeping Beauty comes to life in the most majestic classical ballet of all time. Long Center for the Performing Arts, Austin

3-4TH CENTRAL TEXAS HOME & GARDEN SHOWThe show will feature many vendors offering products and services, new ideas and general information related to home, gardening, remodeling and home décor. Downtown Huttohttp://www.visithutto.com/

SPORTS10-13TH WORLD’S BIGGEST DISC GOLF WEEKENDThousands of disc golf enthusiasts will play a round at more than 100 courses worldwide.www.wbdgw.com

26TH LIFETIME CAPITAL OF TEXAS TRIATHLONLife Time Tri CapTex attracts all levels of athletes from top ranked professionals to first-time triathletes. The event includes the USA Paratriathlon National Championship, sprint and international distances, First Tri distance and sprint and international distance relays.Palmer Events Center, Austinwww.captextri.com

TEXAS STARS SCHEDULECedar Park Centerwww.texasstarshockey.comAUSTIN TOROS SCHEDULECedar Park Centerwww.nba.com/dleague/austin/index_main.htmlTEXAS LONGHORNS CALENDARwww.texassports.com/calendar/events/ROUND ROCK EXPRESS SCHEDULEwww.roundrockexpress.com

MUSIC3RD STORM FRONTAcappella Texas Chorus. Brentwood Christian Academy, Austin.www.acappellatexas.org

9TH CORPORATE BATTLE OF THE BANDSBands from Cirrus Logic, H-E-B, HomeAway, Intel, Seton, CLEAResult, and Wenzel Spine will battle it out on stage. ACL- Live, Austinwww.myhaam.org

31ST JIMMY BUFFETT AND THE CORAL REEFER BANDAustin360 Amphitheaterwww.austin360amphitheater.com

SEARCH & FIND MORE MUSIC EVENTS AT:www.austinlivemusic.comwww.lazonarosa.comwww.nuttybrown.comwww.antones.netwww.continentalclub.com

MayCalendar of Events


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Stage it With Shine: Add Some Bling to Your SpacesBy Melissa Dittmann Tracey, REALTOR® Magazine. Information provided by http://styledstagedsold.blogs.realtor.org/

Grays have been catching on in more interiors this year and so has the color’s “flashier cousin” – silver, which is becoming a popular accent color in 2014, according to the Paint Quality Institute’s latest color forecast. Silver is adding some sparkle to rooms, through shimmering fabrics and reflective glassware to even kitchen backsplashes and furniture.

Silver can be an attention-getting touch to liven up a space’s interior.

“Metal tiles gained popularity in the past decade or so with the explosion of stainless steel kitchen appliances, and stainless steel tiles were [and still are] great harmonizers,” writes Karen Egly Thompson, an interior design writer and contributor for Houzz. “However, they’ve also made their way out of the kitchen – and all that glitters isn’t always stainless steel. Tiles are available in different metals, including bronze, copper, and titanium, as well as different surfaces, such as brushed, polished, and textured.”

HGTV devotes a web page for inspiration around the “heavy metal” look and how to mix the metal finishes in furniture, fabric, and lighting to add shine and texture to a space.

Metallic finishes are everywhere from metal-toned lamp shades to the detailing in fabrics and throw pillows. Brass is also making a comeback in the metal arena. But you might want to still hold off on swapping out all those light fixtures for brass and keep the trend reserved to accessories, for now. The trend is evident, though, as more accessories take on a vintage gold look, such as in mirror frames to gold curtain rods.

Some gold and silver touches may just be the modern touch to bring a room more up-to-date. For example, designer Laura Kirar describes a Corsage Vintage Brass Lamp to House Beautiful as not just a lamp accessory but a “jewelry accent” to dress up a room.

KGSR Blues on the GreenWhen: May - July | Where: Zilker Park

Every other Wednesday during the summer, Zilker Park will be filled with thousands of people, blankets and lawn chairs, families and music lovers. As Austin’s largest FREE concert series KGSR’s Blues on the Green is consistently ranked as a top annual entertainment event and has become a staple of the Austin lifestyle and a very casual and comfortable experience.

http://www.kgsr.com/bluesonthegreen

Austin ZooWhen: Daily 9am – 6pm | Where: 10808 Rawhide Trail

The Austin Zoo and Animal Sanctuary assists animals in need through rescue, rehabilitation and education. They currently have over 300 animals from over 100 different species. Located in the Hill Country, the zoo is where the people of Austin can come to learn about the animals close-up, and have fun as a family.

http://www.austinzoo.org

The Noteworthy News


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The Listings ‘Hot Sheet’

FEATURED LISTING1,703 SF | 3 Bed | 2.5 Bath

This is a beautiful, turnkey waterfront condo on Lake Travis and you can’t beat this deal! Fully furnished & ready for move in, just bring your clothes! The property also includes a private boat dock & lift w/ storage & 2 wave runners! The open family room offers stained concrete floors, wood burning fireplace & recessed lighting. The kitchen features quartz countertops, stainless steel appliances, island, breakfast bar & an abundance of storage. The master suite includes private access to the balcony, huge walk-in closet & spacious tiled shower. Relax or entertain on the back covered patio while taking in the gorgeous hill country & lake views. You can even keep warm by the fire on those chilly nights at the community fire pit!

This home is impeccably kept and in a fabulous location. It’s on nearly 1/3 acre lot that backs to a creek. It has a rear gate access to wide open field with large mature trees. Exemplary elementary schools in the Pflugerville ISD. Updated bathroom sinks, plumbing, hardware and floor-tiles. Includes stainless steel kitchen appliances and disposal. Large trees and a great yard for entertaining. This home would make a great rental or first home purchase.


13108 Staton Dr

This gorgeous home is located in the private gated community of Rob Roy on the Lake. It’s an entertainer’s dream with multiple living areas, open floor plan & stunning hill country views from almost every room. The kitchen features brick flooring, large center island, newly refurbished cabinets & stainless steel, built-in double ovens. The master suite has wood flooring, coffered ceilings, sprawling windows, sitting area with a fireplace, access to a private balcony, jetted tub & separate shower. A downstairs gameroom features a built-in bar area & over looks the pool. Multiple outdoor living spaces are perfect for relaxing year round & include a spacious covered patio with recessed lighting, pool, spa and a newly remodeled pool bath.

Come see our virtual tour at: http://www.tourfactory.com/1133214401 N. Weston

Pending

615 Cat Hollow Club Dr. #A

http://www.tourfactory.com/1113648

Pending


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The Vendor List

Vendors provide sponsorships, door-prizes and a wealth of valuable services to our clients.Please mention JKB Realty when scheduling your next appointment.

Want to know who’s on our speed dial?Here’s our ‘GO TO’ team!

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austin-area home sales volume hits seven-year high …€¦ · clean & move-in ready condo with...

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