APRIL2019 Austin Metrofiles.zillowstatic.com/.../ZHVI.Austin.394355.pdf · Austin Home Values...
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www.zillow.com/research/ APRIL2019 Austin Metro National Home Values Current: $226,800 Monthly Change: -0.1% Quarterly Change: 0.4% Annual Change: 6.1% Negative Equity*: 8.2% Austin Home Values Current: $311,300 Monthly Change: -0.2% Quarterly Change: 0.8% Annual Change: 5.7% Negative Equity*: % Home Values Forecast (next 12 months) National: 2.8% Austin Metro: 2.9% Major Cities - Home Values Austin Current: $368,600 Monthly Change: 0% Annual Change: 6.5% Round Rock Current: $278,600 Monthly Change: -0.4% Annual Change: 5.1% Georgetown Current: $297,100 Monthly Change: -0.7% Annual Change: 1.5% Pflugerville Current: $251,700 Monthly Change: 0.3% Annual Change: 3.8% San Marcos Current: $215,100 Monthly Change: 1% Annual Change: 5.9% Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community City ZHVI Year-over-Year 0.5% - 1.5% 1.6% - 5.1% 5.2% - 7.6% 7.7% - 10.5% 10.6% - 16.3% Home Values (ZHVI) Increasing Values: –% Decreasing Values: –% Fall From Peak: -0.2% Peak ZHVI Date: 2019-03 Peak ZHVI: $311,800 Rent Zillow Rent Index: $1,711 Monthly Change: 0.4% Annual Change: 2% Rent List Price: $1,700 Rent List/Sq. Ft.: $1.2 Sales Median Sale Price: $– Monthly Change: –% Annual Change: –% Sale Price/Sq. Ft.: $– Sale-to-list Price Ratio: – Sold for a Loss/Gain: –%/–% Listings Median List Price: $338,000 Monthly Change: 2.7% Annual Change: 0.9% List Price/Sq. Ft.: $158 Listings with Price Cut: 16% Amount of Price Cut: 1.8% Foreclosures Homes Foreclosed: –/10, 000 Monthly Change: – Annual Change: – Foreclosure Resales: –% Monthly Change: –pp Annual Change: –pp How do we track home values? To track home values, we use the Zillow Home Value Index (ZHVI). The ZHVI is the mid-point of estimated home values for the area. Half the estimated home values are above this number and half are below. * Negative equity data is from 2018Q2.
Transcript of APRIL2019 Austin Metrofiles.zillowstatic.com/.../ZHVI.Austin.394355.pdf · Austin Home Values...
www.zillow.com/research/
APRIL2019 Austin Metro
National Home Values
Current: $226,800Monthly Change: -0.1%Quarterly Change: 0.4%Annual Change: 6.1%Negative Equity*: 8.2%
Austin Home Values
Current: $311,300Monthly Change: -0.2%Quarterly Change: 0.8%Annual Change: 5.7%Negative Equity*: %
Home Values Forecast
(next 12 months)
National: 2.8%Austin Metro: 2.9%
Major Cities - Home Values
AustinCurrent: $368,600Monthly Change: 0%Annual Change: 6.5%
Round RockCurrent: $278,600Monthly Change: -0.4%Annual Change: 5.1%
GeorgetownCurrent: $297,100Monthly Change: -0.7%Annual Change: 1.5%
PflugervilleCurrent: $251,700Monthly Change: 0.3%Annual Change: 3.8%
San MarcosCurrent: $215,100Monthly Change: 1%Annual Change: 5.9%
Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community
City ZHVI Year-over-Year0.5% - 1.5% 1.6% - 5.1% 5.2% - 7.6% 7.7% - 10.5% 10.6% - 16.3%
Home Values (ZHVI)Increasing Values: –%Decreasing Values: –%Fall From Peak: -0.2%Peak ZHVI Date: 2019-03Peak ZHVI: $311,800
RentZillow Rent Index: $1,711
Monthly Change: 0.4%Annual Change: 2%
Rent List Price: $1,700Rent List/Sq. Ft.: $1.2
SalesMedian Sale Price: $–
Monthly Change: –%Annual Change: –%
Sale Price/Sq. Ft.: $–Sale-to-list Price Ratio: –Sold for a Loss/Gain: –%/–%
ListingsMedian List Price: $338,000
Monthly Change: 2.7%Annual Change: 0.9%
List Price/Sq. Ft.: $158Listings with Price Cut: 16%Amount of Price Cut: 1.8%
ForeclosuresHomes Foreclosed: –/10, 000
Monthly Change: –Annual Change: –
Foreclosure Resales: –%Monthly Change: –ppAnnual Change: –pp
How do we track home values? Totrack home values, we use the ZillowHome Value Index (ZHVI). The ZHVI isthe mid-point of estimated home valuesfor the area. Half the estimated homevalues are above this number and halfare below.
* Negative equity data is from 2018Q2.
APRIL2019
*The top 20 largest cities and top 10 (or all) counties within the metro are listed. Additional counties, cities, neighborhoods and ZIP codes may be
available online at www.zillow.com/research/data by emailing [email protected]
Zillow Research:Zillow R© is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the placethey call home, and connecting them with the best local professionals who can help. In addition, Zillow operates an industry-leading economics andanalytics bureau led by Zillow’s Chief Economist Dr. Svenja Gudell. Dr. Gudell and her team of economists and data analysts produce extensive housingdata and research covering more than 450 markets at Zillow Real Estate Research. Zillow also sponsors the quarterly Zillow Home Price ExpectationsSurvey, which asks more than 100 leading economists, real estate experts and investment and market strategists to predict the path of the Zillow HomeValue Index over the next five years. Zillow also sponsors the bi-annual Zillow Housing Confidence Index (ZHCI) which measures consumer confidence inlocal housing markets, both currently and over time. Launched in 2006, Zillow is owned and operated by Zillow Group (NASDAQ: Z), andheadquartered in Seattle.
www.zillow.com/research/
Largest Cities Covered by Zillow
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Anderson Mill 272,100 -1 -1.7 3.5 1,616 0.4 1 2 -0.6Austin 368,600 0 1.1 6.5 1,808 0.4 0.8 3.3 3.4Bastrop 223,900 0.1 0.2 12 1,451 0.1 0.3 1 6.4Buda 278,500 0 0.8 6.7 1,663 0.7 1.3 1 3.2Cedar Creek 256,300 0.9 2.3 16.3 1,465 -0.1 -0.4 0 8.8Cedar Park 288,600 0 0.6 2.7 1,689 0.7 1.2 0.7 1.5Dripping Springs 454,700 0.3 1.1 0.5 2,140 0 0.1 -1.7 0.6Georgetown 297,100 -0.7 -0.6 1.5 1,671 0.7 1.2 1.3 -0.8Hutto 230,600 -0.2 0.6 4.4 1,544 0.3 0.6 2.8 2.2Kyle 215,900 -0.2 -0.1 3.6 1,505 0.5 0.9 0.9 1.2Lakeway 457,500 0.7 2.2 6.8 2,485 -0.1 0.1 1.6 4.8Leander 1,605 0.4 0.9 3.5Liberty Hill 352,300 -0.6 1 9.2 1,665 0.5 1 1.5 4.3Lockhart 160,600 0.1 0.5 8.7 1,301 0.2 0.2 3 3.9Manor 211,500 0.2 1.4 6.8 1,492 0.1 0.7 2.9 4.1Pflugerville 251,700 0.3 1 3.8 1,649 0.4 0.7 2.4 2.1Round Rock 278,600 -0.4 0 5.1 1,662 0.5 0.9 1.2 1.8San Marcos 215,100 1 3 5.9 1,431 0.1 -0.1 2.6 4.5Taylor 185,300 -0.4 -0.8 6.4 1,435 -0.1 0.3 0.3 1.8Wimberley 360,200 0 1 6.7 1,725 -0.1 -1 -3.8 3
Largest Counties Covered by Zillow
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Bastrop County 207,600 -0.2 0 13.2 1,394 0 0.1 0.4 6.3Caldwell County 152,100 -0.1 0.3 8.9 1,290 0 0.2 3.4 3.9Hays County 274,900 0.2 1 6.4 1,583 0.6 0.6 -0.2 3.1Travis County 356,400 0.1 1.4 7.3 1,815 0.5 0.9 3 4.1Williamson County 276,700 -0.5 -0.3 4.2 1,641 0.5 1 2.5 1.1
