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JKB Realty Group 512.532.5005 www.JKBRealty.com
2014 Year-End Totals
8 27,768 - Single-family homes sold, 2% more than 2013.
8 $242,500 - Median price for single-family homes, 8% more than 2013.
8 $309,975 - Average price for single-family homes, 7% more than 2013.
8 47 - Average number of days that single-family homes spent on the market, 3 days fewer than 2013.
8 35,423 - New single-family home listings on the market, 4% more than 2013.
8 5,734 - Active single-family home listings on the market, 4% more than 2013.
8 28,325 - Pending sales for single-family homes, 1% more than 2013.
8 $8,607,385,376 - Total dollar volume of single-family properties sold, 9% more than 2013.
FOR THE AUSTIN AND SURROUNDING AREAS
February 2015JKB Realty Newsletter
According to the Year-End 2014 Multiple Listing Service (MLS) report, the Austin-area housing market set a record for annual home sales volume in 2014. This marked the fourth-straight year of annual home sales increases.
The 2015 President of the Austin Board of REALTORS®, explained, “The Austin area experienced a strong, stable housing market in 2014, with year-end 2014 showing similar market conditions to those one year ago. Last month, the U.S. Census Bureau named Austin the third-fastest growing big city in America since 2000. That steady job and population growth has continued to drive increases in home sales volume and, combined with low housing inventory levels, home prices as well.”
Over the course of 2014, median price increased 8% over 2013 to $242,500. As a result, the total sales dollar volume for single-family homes in 2014 topped $8.6 billion, an increase of more than $673 million from 2013.
In concluding, the ABoR President stated, “The Austin-area housing market is consistent, but so are its challenges. More homes on the market, at all price ranges and throughout all areas of Austin, will be crucial to maintaining Austin’s affordability in 2015. As one of the fastest growing metropolitan areas in the U.S. we must look to our new city council for a regulatory environment that stimulates and grows housing stock in a healthy, sustainable way.”
Austin-area home sales set records for annual home sales volume in 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.
From the Office ofJessica Bruehl
R AT E D O N E O F A U S T I N ’ S 2 5 TO P R E A LTO R S $185M+ SALES 750+ CLOSINGS 13+ YRS EXPERIENCE
JKB Realty Group
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512.532.5005 www.JKBRealty.com
Central AustinUp to $900K
3+ Bedrooms/2+ Bathrooms2500+ sq. ft.
Walkability is preferred.
Central Texas3+ Bedroom/2+ Bathroom
Storage for 6 cars.$600K Max.
Acreage a plus.
Far West/Mueller/Crestview4+ Bedroom/3+ Bathroom
2300+ sq ft.2+ car garage
$750K Max.
DO YOU KNOW OF A HOME FOR OUR BUYERS? IF SO, WE ‘D LOVE TO HEAR FROM YOU.
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The Listings Hot Sheet109 HOPEWELL CIRCLE
3,665 sq. ft. | 4 bed | 4 bath | 3 livingFEATURED LISTING #1
This fantastic lot includes an abundance of shade trees & extends well beyond the fence line guaranteeing no one will ever build directly behind you!
The gourmet kitchen features granite countertops, island, breakfast bar, knotty alder cabinets, butler’s pantry, Thermador dual oven, 6 burner gas cooktop with griddle and KitchenAid® stainless appliances including refrigerator, wine fridge and microwave. The inviting master suite offers beautiful Travertine floors, coffered ceiling, plantation shutters, access to the courtyard, double vanity, granite counters, jetted tub, spacious walk-in shower, plus 2 walk-in closets.
All bedrooms are ensuite. There is no carpet throughout the home. This flexible floorplan gives you the option of turning the 4th bedroom into a gameroom. The home also includes a study, a courtyard with fountain to welcome your guests and a lovely morning room to enjoy your coffee & news.
Click for Virtual Tour
THE FREQUENT BUYER MISTAKES1. Waiting for prices to drop more2. Rushing the process3. Not being pre-approved for a loan prior to making an offer4. Not having an inspection5. Making unreasonable offers6. Not disclosing everything to the lender7. Making significant changes to their financial situation during the
contract period
THE FREQUENT SELLER MISTAKES1. Ignoring minor cosmetic repairs2. Failing to remove pets and pets' gear during the listing period3. Leaving personal items and decor in place4. Not maximizing natural light5. Letting emotions get in the way of the sale6. Failing to disclose problems with the property7. Staying home for showings
BUYERS AND SELLERS - AND THE COSTLY MISTAKESWe’ve worked with a lot of sellers over the years, and we have seen many deals almost fall apart because of these 14 costly mistakes home sellers and buyers make. In an effort to help you avoid those pitfalls, we've created this list especially for our friends in the Austin and surrounding areas.
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JKB Realty Group 512.532.5005 www.JKBRealty.com
The Listings Hot Sheet
Beautiful, turnkey waterfront condo on Lake Travis.
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!
You can’t beat this deal!
615 Cat Hollow Club Dr. Unit A
VACATION HOME OR RENTAL INCOME
Cool Location!Walk to restaurants, salon and shopping. Inside, viewers will find a spacious kitchen that includes granite counter tops, an island prep area, sleek appliances and a wealth of storage area. The Master suite features a large walk-in closet. The en-suite includes a double-vanity, a garden tub and a separate shower. Two family-friendly living areas, a gameroom, and new carpet throughout complete the highlights of the interior.
Outside we find an inviting covered patio that opens to a fantastic backyard with a privacy fence. The community also includes a beautiful pool and nicely appointed park.
More Details Coming Soon!
8629 White Ibis Dr.
COMING SOON!
Click for Virtual Tour
This charming home is full of character and located just minutes from Lake Austin. The open floorplan creates an easy flow that is perfect for entertaining family & friends.
The family room offers an abundance of natural light, vaulted wood ceilings, beautiful Saltillo tile flooring & a wood burning fireplace. The kitchen is open to the family room and features Corian countertops, stainless steel appliances that include 2 built-in ovens, gas cooktop & fantastic storage space.
The master suite offers the same style vaulted wood ceilings as the family room, French door access to the back patio, walk-in closet, double vanity with great counter space, jetted tub & walk-in shower. A spiral staircase leads to the 2nd floor loft which would make a great office space. The great backyard is complete with a covered patio that features 2 skylights & a ceiling fan to keep you cool during those hot summers!
2803 Vallarta Ln.
AVAILABLE NOW
Click for Virtual Tour
This is a terrific 1.37 acre golf course lot in a gated community on Lake Travis.
There is an abundance of mature Live Oak trees and the lot is level, allowing for easy building of your dream home. It backs directly to Lakecliff's Arnold Palmer-designed golf course.
Some other top notch community amenities include tennis courts, a racquet club and clubhouse.
2711 Cliff Point (lot)
AVAILABLE NOW
JKB Realty Group
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512.532.5005 www.JKBRealty.com
The Dinosaur ParkWHEN: FEBRUARY 1-28, SAT/SUN 10-4 | WHERE: THE DINOSAUR PARK
The Dinosaur Park features a unique outdoor museum setting. While most museums have dinosaur skeletons, our realistic life-size dinosaur replicas show skin and color variations to give a better understanding as to how they looked when alive. These statues range in size from the 2-foot long Compsognathus to the 85-foot long Brachiosaurus.
As you walk through a tree-lined nature trail the dinosaurs sit back from the trail, situated among plants, trees and rocks, making it easy to imagine real dinosaurs in a natural environment.
The Dinosaur Park is an educational and fun place, where everyone can learn about the majestic animals that ruled our earth for over 150 million years.
Other activities include a fossil-dig, playground, picnic area, and a wonderful Dinosaur Store stocked with a variety of gifts sure to please any dinosaur fan!
Alice's Adventures in WonderlandWHEN: FEBRUARY 10, 2015 – JULY 6, 2015 | WHERE: HARRY RANSOM CENTER
The Ransom Center celebrates 150 years of Alice's Adventures in Wonderland with an exhibition for the curious and curiouser of all ages. Learn about Lewis Carroll and the real Alice who inspired his story. See one of the few surviving copies of the first edition of Alice's Adventures in Wonderland. Discover the rich array of personal and literary references that Carroll incorporated throughout Alice.
Explore the surprising transformations of Alice and her story as they have traveled through time and across continents. Follow the White Rabbit's path through the exhibition, have a tea party, or watch a 1933 paper filmstrip that has been carefully treated by Ransom Center conservators.
The Center's vast collections offer a new look at a story that has delighted generations and inspired artists from Salvador Dalí to Walt Disney.
The Listings Hot Sheet6000 SHEPHERD MOUNTAIN COVE, #1103
1,150 sq. ft. | 2 bed | 2 bath FEATURED LISTING #2
Fantastic condo with huge wrap around balcony and stunning hill country views. This unit is a rare find that comes with 3 reserved parking spaces that include 1 garage, 1 carport & 1 bonus space.
The living room offers an abundance of natural light, vaulted ceilings w/ exposed beams, built-in shelving and access to the balcony. The kitchen features granite countertops, stainless steel appliances, breakfast bar & separate dining area.
The master suite is complete with 2 closets (one of which is a walk-in), access to the balcony, double vanity with granite countertops and gorgeous walk-in shower with a seat. The second bedroom includes a built-in murphy bed/desk combo that allows you an office space as well as a place for your guests.
The complex also features 2 swimming pools, a hot tub and an outdoor kitchen.
Click for Virtual Tour
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JKB Realty Group 512.532.5005 www.JKBRealty.com
EVENTS & FESTIVALS1 - 12TH STREET EAST END BLACK HERITAGE FESTIVALMake your way over to Rosewood Park to celebrate Black History Month. All-day entertainment, food and fun.
Rosewood Park Pavilion, Austin
5 - FIRST THURSDAY ALONG SOUTH CONGRESS AVE.Food, fun, shopping and people watching
South Congress Avenue, Austin
5 - FIRST THURSDAY IN DT BUDAShop unique antique and specialty vendors while enjoying food from DT restaurants.
Downtown, Buda
6 - FIRST FRIDAY IN DT GEORGETOWNEnjoy live music and a festive evening atmosphere!
Downtown, Georgetown
2/7 - 3/1 - SHERWOOD FOREST FAIREA Renaissance festival featuring stage acts, merchant shoppes, food, fun rides & games for the whole family!
US Hwy 290, approx. 35 miles east of Austin
20-21 - WILLIAMSON COUNTY GEMBOREEFun for the entire family with exhibits, demonstrations, games, educational displays, fluores- cent minerals, custom and designer jewelry.
445 E. Morrow Street, Georgetown
20-22 - AUSTIN JUGGLEFESTCelebrating its 22nd year, Jugglefest is a three-day event full of workshops, games, demonstrations, and shows featuring juggling, unicycling, and related circus arts.
UT Campus, Austin
FOOD, ART & CULTURE1/28-3/1 - PETER AND THE STAR CATCHERThis swashbuckling pirate story tells what happened before a young orphan became the boy who never grew up—the boy we know as Peter Pan.
Zach Scott Theatre Austin
1/30-3/8 - ART EXHIBIT: KHUMB MELA - A PHOTOGRAPHIC JOURNEY TO INDIAThis exhibit provides a visual journey to India’s Kumbh Mela, where every twelve years at the confluence of the three holiest rivers, untold millions converge to pray, commune and ultimately connect to something greater than themselves.
Georgetown Art Center, Georgetown
7 - BLANTON MUSEUM OF ART 2015 GALA
A black tie event elebrating the important role the Blanton plays in Central Texas and at The University of Texas at Austin.
The Blanton Museum, Austin
12 - BILL MAHER (LIVE STAGE COMEDY)Moody Theatre, Austin
13 - BELLE REUX: A TALE OF BEATY & THE BEASTThe Long Center, Austin
19-22 - BLUE MAN GROUP (LIVE PERFORMANCE ART)The Long Center, Austin
19-22 - LISA LAMPANELLI (LIVE STAGE COMEDY)Paramount Theatre, Austin
27 - SHINE ON, THE PINK FLOYD EXPERIENCEFrank Erwin Center, Austin
2/27-3/29 - ANYTHING GOESPalace Theatre, Georgetown
SPORTS6-7 - 20 COLORS / 20 HOURSA 20-hour indoor cycling fundraiser that invites beginner riders, competitive cyclists, fitness enthusiasts, cancer patients, survivors, and everyone in between to hop on a stationary bike and raise funds to help Austin area cancer patients and their support network.
PureRyde RealRyder Indoor Cycling, Austin
7 - CUPID’S CHASE 5KDowntown Georgetown
15 - PARAMOUNT BREAK-A-LEG 5KBenefitting the Paramount & Stateside Theatre Downtown Austin
15 - AUSTIN MARATHON AND HALF MARATHONDowntown Austin
21 - FOAM GLOW 5KTravis County Expo Center, Austin
• TEXAS LONGHORNS SPORTS EVENT CALENDAR• CALENDAR OF RUNNING EVENTS• CALENDAR OF CYCLING EVENTS
MUSIC7 - ENRIQUE IGLESIAS & PITBULL W/SPECIAL GUEST J. BALVINFrank Erwin Center, Austin
8 - ELVIS LIVESThe Long Center, Austin
12 - ACL LIVE: ALICE COOPER - RAISE THE DEAD TOURThe Moody Theatre, Austin
13 - TEXAS COUNTRY KICKOFF - FEATURING JOSH ABBOTT BANDCedar Park Center, Cedar Park
13 - LOTUS - THE GILDED AGE TOUR WITH KUNG FUStubbs Outdoor, Austin
22 - DIANA ROSS - IN THE NAME OF LOVE TOURBass Concert Hall, Austin
SEARCH AND FIND MORE MUSIC EVENTS AT:• Austin Live Music• Red7 Austin• Mohawk Austin
• Nutty Brown Cafe • Emo's Austin• The Continental Club
February EVENTS CALENDAR
JKB Realty Group
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512.532.5005 www.JKBRealty.com
ALLSIDESROOFING & CONSTRUCTION
Free EstimatesLocal: 512.626.5294
Toll Free: 877.864.9037
Michael Katsus | 512.539.7901 [email protected]
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!
TERA GILBERT
SENIOR MORTGAGE CONSULTANT
LoansByTera.com512.828.6420
Each office is independently owned and operated.
M O V I N G S E R V I C E S
512.751.0893
888.492.7359 [email protected]
If your home is listed for sale with another broker, this is not intended as a solicitation of business.
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