Rick Rabon Realtor

In the latest April 2023 Central Texas Housing Market Report released by the Austin Board of REALTORS®, it is evident that the Austin-Round Rock housing market is diverging from national trends and maintaining a state of balance. 🏡 📊 While the National Association of REALTORS® reported a significant nationwide decline of 22.7% in home sales during March 2023, Central Texas experienced a comparatively smaller decrease of 14%, underscoring the region's impressive economic resilience.

Last month, the housing inventory in the Austin-Round Rock area witnessed a notable increase of 2.4 months, reaching a total of 3.2 months of inventory. Homes spent an average of 71 days on the market, marking an increase of 53 days when compared to April 2022. Concurrently, the median home price experienced a decline of 15.1%, resting at $466,705. Residential home sales also saw a year-over-year decline of 18.8%, amounting to 2,611 closed sales, while the sales dollar volume plummeted by 29.3% to $1,545,088,361. The number of new listings decreased by 10.6% compared to the previous year, resulting in a total of 4,115 listings, while pending sales demonstrated a slight increase of 0.2%, with 3,267 transactions.

Have questions about what these numbers might mean for you as a buyer/seller? Send me a DM or give me a call and let's talk!
📲 512-626-0877
📩 [email protected]

Awaiting you in the heart of Zilker, one of Austin’s premier neighborhoods, is this contemporary luxury retreat newly constructed by High Line Homes to bring you comfort and convenience moments from the vibrant SOCO district

Stepping up to 1406 Folts, you are immediately met with a two-stories of exceptionally executed stucco beautifully accented with slat wood siding for a timeless statement. Your eye catches the metal spiral staircase that leads you up to the rooftop retreat with exceptional skyline views. This home has been elegantly designed with a generously proportioned interior that flows seamlessly through the open-concept floor plan. The first floor features a beautiful living/kitchen/dining space with tall ceilings and an abundance of natural light from the large metal framed windows that lead out to the pool, large deck, and lush backyard. The custom, gourmet kitchen features marble countertops, a statement tile backsplash, wood and black cabinetry, and luxury built-in appliances. The marble waterfall peninsula offers extended counter space and a casual dining area that seamlessly divides the open space. Hidden behind the kitchen is a first-floor primary retreat with private access to the yard and an attached en-suite with a large walk-in shower, a spacious vanity, and luxurious tiling.

As you ascend the stairs, you walk into the light-filled hallway of the second floor. The hallway leads you to each of the secondary bedrooms, bathrooms, and a large office. Each space features an expansive ceiling, large windows, and minimal recessed lighting. The bathrooms feature custom cabinetry, natural stone countertops, luxury features, and statement tile. The office leads you to a second-story patio with a winding staircase up to the third-floor rooftop oasis where you can enjoy evenings watching the sunset over Austin. Highly sought-after schools. Easy access to downtown, highways, shopping, and entertainment.

📍 1406 Folts Ave, Austin, TX, 78704
Listed by Adam Walker, Realty Austin

For more information on this home, visit the link below and send me a message!
https://bit.ly/3NAQBhQ
📲 512-626-0877
📩 [email protected]