Turner Residential

No brightly colored blazers or business card photos here.  We’re just a group of down-to-earth folks who think it’s fun to help our clients buy, sell and build homes here in Austin, Texas.  We believe that well-informed clients make well-informed decisions, so our website is packed with info about Austin real estate, including the latest Austin MLS listings in every Austin neighborhood.  Find out what’s happening in the Austin real estate market or explore the Austin MLS with the Cadillac of Austin home search.  At Turner Residential, we’re not big on the hard sell.  We’re big on providing you with useful, relevant information about what we know best – central Austin real estate.

Austin MLS

Our website offers complete access to every listing in the Austin MLS, but finding the right home starts with finding the right agent.  So how do you choose?  Hairstyle?  Sweet ride?  Good agents do more than just open the front door and smile.  Find out what a good agent does to help you find the right house>>

Austin Realtors

90% of buyers use the internet to find their home, but only 36% find their home through their agent.  Effective internet marketing makes a difference.  Get it right and your home sells fast.  Get it wrong and your home gets lost in a sea of online listings.  Find out what our Austin Realtors do to get your home noticed and sold>>

Austin Builders

In addition to being Austin Realtors, we’re also one of Austin’s top urban home builders.  Riverside Homes has been building modern homes in Austin since 2001.  Our homes have been featured on The Today Show and in the Austin American StatesmanFind out what’s up with custom home building in central Austin>>

Give us a shout

Whether buying or selling, good information and good service are what we’re all about.  Hopefully, you’ll find something useful, interesting or humorous about central Austin real estate here on our website.  When you’re ready, contact us for the skinny on buying, selling or building a home here in Austin, and in return, we promise to shatter some of those Realtor stereotypes, get you what you want in a home, and never, ever ask you to call us on the “sell” phone.

Windsor Park Austin home for sale.

Take a look at this Windsor Park cutie situated on a spacious lot! More >>

East Austin Loft for Sale

Take a look at this one bedroom + one bathroom East Austin loft for sale at The Pedernales Lofts, a 5-star green mixed-use, live/work community! More >>

East austin home for sale

OPEN HOUSE Saturday February 13rd 12:00pm to 2:00pm

The coolest Bungalow in hot East Austin! More >>

austin bungalow for sale

There is a spacious, classic 1940’s Austin Bungalow for sale in the heart of French Place – check it out! More >>

Austin Home Sales

Despite a November decline, Austin home sales are still on track to set a record for home sales this year, according to the Austin Board of Realtors.

While November sales decreased 4 percent, this is only the second time in 2015 that monthly sales were down compared to last year.

However, home sales went in the other direction with a 10 percent increase bringing median home prices $270,000 in November 2015, setting a record for the month of November. Also setting a record for November, average home prices increased 12 percent to $347,292 during the same timeframe.

“While November single-family home sales volume decreased slightly compared to last year, year-to-date home sales volume continues to outpace 2014,” said Barb Cooper, president of the Austin Board of Realtors. “With the Austin-area population exceeding 2 million over the summer, growth in Central Texas is showing no signs of slowing.”

This year, 26,683 homes have been sold through November. The Austin area set a record last year with 27,794 sales, according to revised figures from the board. The board’s latest report shows 1,965 pending sales in the pipeline to close in December and into January, putting 2015 on track to surpass last year’s total.6

“The Federal Reserve’s recent decision to raise interest rates is a sign of a healthy economy, and we’re fortunate that Austin has one of the strongest economies and housing markets in the nation,” said Mark Sprague, State Director of Information Capital at Independence Title Company. “Millennials—a large portion of Austin’s population—have never seen interest rates go above 10 percent, so some might be concerned about the impact higher interest rates will have on Austin’s housing market and economy.

Two weeks ago, the Federal Reserve raised short-term interest rates for the first time since 2006 — a move that will cause a gradual uptick in rates for home loans.

“Even with this increase, however, interest rates are still among the lowest they have ever been, and we do not anticipate a significant impact on the Austin-area housing market.”

November 2015 Statistics

  • 1,814 – Single-family homes sold, four percent less than November 2014.
  • $270,000 – Median price for single-family homes, 10 percent more than November 2014.
  • $347,292 – Average price for single-family homes, 12 percent more than November 2014.
  • 54 – Average number of days single-family homes spent on the market, one day less than November 2014.
  • 2,095 – New single-family home listings on the market, one percent more than November 2014.
  • 5,703 – Active single-family home listings on the market, three percent more than November 2014.
  • 1,965 – Pending sales for single-family homes, four percent more than November 2014.
  • 2.4 – Months of inventory* of single-family homes, unchanged compared to November 2014.
  • $629,987,688 – Total dollar volume of single-family properties sold, eight percent more than November 2014.

[h/t ABoR]