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JKB Realty Group 512.532.5005 www.JKBRealty.com
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In This Issue...1. ABoR Report
2. JKB Listings “Hot Sheet’
3. JKB Featured Listing
4. Community Events
5. Noteworthy
6. Vendor’s Corner
July 2014JKB Realty Newsletter
z 2,943–Single-family homes sold, 3% more than May ‘13.
z $249,000– Median price for single-family homes, 8% more than May ‘13.
z $325,926–Average price for single-family homes, 8% more than May ‘13.
z 40–Average number of days single-family homes spent on the market, 4 days fewer than May ‘13.
z 4,002–New single-family home listings on the market, 7% more than May ‘13.
z 5,949–Active single-family home listings on the market, 4% more than May ‘13.
z 2,928 –Pending sales for single-family homes, 2% more than May ‘13.
z 2.6 –Months of inventory of single-family homes.
z $959,200,218–Total dollar volume of single-family properties sold, 11% more than May ‘13.
AUSTIN-AREA HOME SALES MAINTAIN LAST YEAR’S PACE, LISTINGS INCREASE FOR FIRST TIME IN 3 YEARSAustin Board of REALTORS® releases real estate statistics for May 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 continued last year’s competitive pace in May 2014 while prices increased. Also, for the first time in more than 3 years, the number of active listings on the market grew compared to the prior year.
The 2014 President of the Austin Board of REALTORS®, explained, “The Austin market has been in need of housing stock for some time now, so it’s encouraging to see an increase in listings over last year. With sales volumes remaining strong, the market is still competitive, but the options for buyers are beginning to increase.”
The total inventory* of Austin-area homes in May 2014 was 2.6 months, the highest rate of inventory seen in Austin since last September but still a slight decrease of .1 months from May 2013. Measured in months, Austin’s monthly housing inventory is the result of the current number of active listings divided by the average home sales per month of the prior 12 months.
“The May 2014 increase in active listings was not quite enough to offset Austin’s continual year-over-year decrease in housing inventory, which looks at homes sales over a 12-month period. However, if active listings continue to increase on a monthly basis, we will eventually see an increase in Austin’s housing inventory level.”
Active listings increased by 4% and new listings increased by 7% in May 2014 compared to the prior year. Homes also continued to sell quickly, spending an average of 40 days on the market, which is 4 days less than 1 year prior.
In terms of sales volume, 2,943 homes were sold in the Austin area in May 2014, which is 3% more than the same month last year. In the same time period, the median price for single-family homes rose 8%, to $249,000. The Austin market has featured year-over-year increases in median price every month for almost 2½ years.
In conclusion, “While more properties are beginning to come on the market, the price appreciation we’ve seen in recent years is continuing as well, so buyers and sellers should both expect a busy summer selling season.”
From the Desk of Jessica BruehlR 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 $175M+ SALES 700+ CLOSINGS 10+ YRS EXPERIENCE
* The inventory of homes for a market is measured in months, which is defined as the number of active listings divided by the average sales per month of the prior 12 months. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is balanced.
JKB Realty Group 512.532.5005 www.JKBRealty.com
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The Listings Hot SheetTucked away behind Restaurant Row & a City of Austin park giving access to the Lady Bird Lake Hike & Bike Trail, this home has everything you’ve ever wanted & more! This one of a kind developer’s premier 1st floor unit is located down the hall from the fitness center & guest suite, has no shared walls & includes direct courtyard access. You’ll be the envy of all your friends with a 52-bottle Thermador wine refrigerator, warming drawer, built-in oven & microwave, a 5-burner gas cooktop, Travertine accents & European style cabinets. Relax in the spa like master suite complete with double vanity, large soaking tub, separate walk-in shower & huge walk-in closet with custom shelving. Come live the Austin lifestyle with the convenience of a condo and the amenities of a luxury resort!
Come see our virtual tour at: http://www.tourfactory.com/807756
This home is a rare find…. 1 story with a gameroom & 2.5 bath. The large covered patio with wood plank ceiling, wood burning fireplace & a built-in kitchen create the perfect setting to relax or entertain year round. The family room is located just off the kitchen & includes a wall of windows that provide an abundance of natural light & a gas log fireplace. The huge kitchen features granite counters, stainless appliances, island with built-in wine rack, pantry & breakfast bar. The spa like master suite is complete with 2 walk-in closets, double vanity, garden tub & walk-in shower. The gameroom offers tile floors, chair rail molding & is located just off the kitchen.
Come see our virtual tour at: http://www.tourfactory.com/1168376
Beautiful, turn-key waterfront condo on Lake Travis! 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.
Come see our virtual tour at: http://www.tourfactory.com/1113648
Lovely cul-de-sac home located in the highly sought after Avery Ranch.
The fantastic golf course community includes a pool, hike & bike trails,
parks & more! The open floorplan includes a great gameroom upstairs.
The family room includes oversized windows that provide an abundance
of natural light & a gas log fireplace. The kitchen features stainless steel
stove & microwave, an island & breakfast area. The spacious master
suite is complete with a double vanity, garden tub, separate shower &
walk-in closet. Entertaining in the fabulous backyard will be easy with the
covered patio, privacy fence & great view of large trees!
1600 Barton Springs Rd. #4101
615 Cat Hollow Club Dr. #A
14113 Ballycastle Trail
270 Grafton Lane
PRICE REDUCED!
PRICE REDUCED!
PRICE REDUCED!
AVAILABLE
JKB Realty Group 512.532.5005 www.JKBRealty.com
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EVENTS & FESTIVALSJULY 3 FIRST THURSDAY IN DT AUSTINFood, fun, shopping & people watching. South Congress Avenue.www.firstthursday.infoJULY 3 (5-9PM) FIRST THURSDAY IN BUDAShop unique antique and specialty vendors while enjoying food from downtown restaurants. www.ci.buda.usJULY 4 [shops open until 8pm] FIRST FRIDAY IN DT GEORGETOWNEnjoy live music & a festive evening atmosphere! https://visit.georgetown.org/first-friday-in-downtown/JULY 4 (9AM) 4TH OF JULY PARADE- NWACAAfter introductions of elected officials, a flag ceremony, and the national anthem, the parade will begin promptly at 9:00 am at the corner of Waterline Rd and Far West Boulevard, and will conclude at Doss Elementary School. The parade will feature marching bands, fire trucks, dance teams, antique cars, miniature pets, the incomparable Ladies Lawn Chair Brigade, and much more. Far West Blvd & Waterline Rd, Austin. www.nwaca.orgJULY 12 BASTILLE DAY FESTIVALVisit the French Legation Museum, and celebrate all things French: wine, food, music and more. www.afaustin.orgJULY 12 (5-9PM) SALADO SWIRLSavor the six “ S’s “ of wine tasting. This event will feature native Texas vineyard products. The vineyards will be partnered with Salado shops serving up appetizers. Village of Salado. www.saladoevents.comJULY 12 (10AM-5PM) MARBLE FALLS FOUNDERS DAY CELEBRATIONBring the family for food, fun, music, exhibits and activities for all ages at the Falls on the Colorado Museum. Join us in celebrating the founding of Marble Falls at the historic Granite School built in 1891. The Falls on the Colorado Museum www.fallsmuseum.orgJULY 19-20 MARBLE FALLS RODEOJoin us to celebrate in true Texas style at the annual Marble Falls Rodeo. The event will kick off with a Parade downtown there will be a dance, food and of course the Rodeo. Marble Falls Rodeo Grounds. www.marblefallsrodeo.org
SPORTSJULY 19 (10-11AM) POOCH PARADE AT THE BLANTONBring your pooch and march with us in a festive jaunt through The University of Texas campus featuring humans, canines, and the leash that binds them together, in celebration of the special exhibition, “In the Company of Cats and Dogs.” Blanton Museum of Art, Austin.www.blantonmuseum.orgJULY 26 (9-5PM) TEXAS ROLLERGIRLSAre you ready to see some hard hitting derby action from Austin’s premier flat track roller derby league? Texas Rollergirls will bring a Dream Team Double Header to the Naturally Fit Games in July. Come see your favorite Austin players mix it up for this exclusive Texas Rollergirls event. Austin Convention Center. www.naturallyfitgames.com/txrg/TEXAS STARS SCHEDULE Cedar Park Center. www.texasstarshockey.comAUSTIN TOROS SCHEDULE Cedar Park Center. www.nba.com/dleague/austin/index_main.htmlTEXAS LONGHORNS CALENDARwww.texassports.com/calendar/events/ROUND ROCK EXPRESS SCHEDULEwww.roundrockexpress.comMUSICJULY 4 (7:30PM) BOB SCHNEIDER’S 4TH OF JULY BASH Bob Schneider is back for his annual 4th of July Bash at the Nutty Brown Cafe. Wear your red, white and blue to this celebration of the U S of A with a spectacular fireworks show! Nutty Brown Cafe, Austin. www.nuttybrown.com/bob-schneiders-4th-of-july-bashJULY 18 (9PM) BARTON CREEK LIVE FEATURING CORY MORROW Take in the sights and sounds of Austin at Omni Barton Creek Resort & Spa with live music and Texas cuisine. We invite resort guests to join us for our second annual Summer Music Series featuring singers/songwriters Steve Wariner, Cory Morrow, Jason Boland & The Stragglers and more in the open-air Pavilion overlooking stunning hill country views. Omni Barton Creek Resort & Spa, Austin. www.bartoncreek.com/bartoncreeklive.aspxJULY 25 (8PM) KYLE PARK Midnight Rodeo, Austin. www.midnightrodeoaustin.com/events/
JulyCalendar of events
JKB Realty Group 512.532.5005 www.JKBRealty.com
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HOMECONSTRUCTION
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DON’T PAY TOO MUCHFOR YOUR NEXT HOME!
CALL US TODAY512.532.5005
zWe can save you
THOUSANDS OF DOLLARSthrough our negotiating
experience with builders!
You Just Moved In…. Now What? 6 Immediate Yard Care To-DosBy REALTOR® Magazine. Information provided by http://styledstagedsold.blogs.realtor.org/
Home owners will be off to a good start with their new yards by following these important “move-in” steps. First and foremost, members of The Professional Landcare Network (PLANET), the national landscape industry association, recommend making safety a priority for your yard by doing the following:
1. Do a walk-thru of the yard and check for any dangers. Inspect the trees and evaluate the health of mature ones. One of the greatest assets in a yard are mature trees — they not only provide beauty but also shade and significant cooling to the home. Make note of any trees that don’t look healthy, may be diseased, leaning or are too close to the house. Consult with a licensed arborist to assess the health of your trees.
2. Evaluate the hardscape. Make sure any hardscape areas – stone or retaining walls, concrete or brick patios, tile paths, or wooden decks — are not heaving or creating tripping hazards.
3. Inspect the drainage around the house. The drainage should not cause any water to stand near or next to the foundation, which will prevent saturation of the soil and affect the foundation.
4. Make a plan to perform routine maintenance and clean up. Clean up any brush or debris in the yard. Weeding and mulching is an inexpensive way to make a yard look great; it also provides health benefits to the plants. Consider planting annuals to add some color and impact to the yard. Learn about your plants and shrubs and how to best take care of them.
5. Check the soil. The soil is the foundation of everything in the yard — grass, plants and trees depend on healthy, well-balanced soil to flourish. Composting will improve the soil. Your lawn care professional or a DIY soil kit available at home improvement and lawn/garden centers can test the soil’s condition.
6. Study the PLAT map. The PLAT is a map, drawn to scale, showing the divisions of the piece of land; this is helpful for any restrictions that could prevent home additions.
Concerts in the ParkWhen: July 13th, 20th, 27th | Where: The Long Center
Nothing brings together a community better than the sounds of music, and the annual Concerts in the Park provides a fun way for families to gather on the lawn of The Long Center to enjoy free music from the Austin Symphony. Grab a blanket and some snacks to hear a different ensemble perform each week, whether it’s light classical, jazz or performances of you favorite movie scores.
http://bit.ly/1jweZsG
38th Annual July 4th Concert & FireworksWhen: Fri., July 4 | Where: Circuit of The Americas
Spend this Independence Day with this annual show by the Austin Symphony Orchestra at the beautiful Circuit of The Americas (COTA)! COTA will host a variety of fun, old-fashioned July 4th holiday activities, including interactive games and contests for the whole family, starting at 6:00 PM. The orchestra will perform at 8:30 p.m., followed by “mile-high” fireworks at approximately 9:30 p.m. The event is free and open to the public.
http://www.austinsymphony.org/
The Noteworthy News
JKB Realty Group 512.532.5005 www.JKBRealty.com
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The Listings ‘Hot Sheet’
FEATURED LISTING
One of the best lots in Cimarron Hills overlooking a pond & golf course. This exquisite Tuscan home has a beautiful courtyard setting, Casita and pool. You will be truly impressed with the quality of this exquisite home. Master bedroom is a dream with a dressing room, jetted tub and enormouse walk-in shower. The outdoor space is perfect for entertaining with a lovely pool, spa, outdoor kitchen with bonus patio and a fabulous view. Kitchen includes center island with granite counters and opens to the family room. Equipped with bar ice maker, built-in oven(s), a central vacuum, 2 dishwashers, Sub-Zero refrigerator, wine bar & butler’s pantry. You couldn’t want more. More details to come... 505 Indigo Lane
This house has an amazing lot with huge Live Oak trees decorating the
lawn. The backyard is complete with a deck and a fire pit. Inside there
are large oversized windows that allow lots of natural light to illuminate
the house. The kitch has a built-in oven, laminate floors and a vast
abundance of storage. The living room, dining room and all bedrooms
continue with the laminate flooring throughout. New plumbing was
installed in 2011. More details to come...
Come see our virtual tour at: http://www.tourfactory.com/11549056001 Libyan Drive
COMING SOON
2126 Clear Lake Place
http://www.tourfactory.com/1154905
COMING SOON
3,366 Sq. Ft. | 4 Bed | 2.5 Bath
If you ask the neighbors, this beautiful house is located on the best cul-de-sac in the neighborhood & is walking distance to the elementary & middle school! The family room includes cathedral ceilings, floor to ceiling windows providing great natural light & gas fireplace. Just off family room you will find a fantastic flex space currently being used as an exercise room. The kitchen features granite countertops, stainless steel appliances, island, breakfast bar, pantry & abundance of cabinet space. The spacious master suite is complete with coffered ceilings, bay window, walk-in closet, double vanity, garden tub & separate shower. Upstairs also features a great gameroom & 3 additional bedrooms. Entertaining in the fabulous backyard will be easy with the extra-large patio & 2 ceiling fans for those hot summer days. Bonus features include extra garage storage & surround sound in the family room & patio!
JKB Realty Group 512.532.5005 www.JKBRealty.com
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ALLSIDES ROOFING& 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!
MOVE UP PROGRAMQualify for a discount by letting us
sell your current home while helping you locate your new home.
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Each office is independently owned and operated.
Tera GILBERTSENIOR MORTGAGE CONSULTANT
LoansByTera.com512.828.6420
PARTNERS FINANCIAL GROUP OF TEXAS
David Lutz512.258.6734
pfgtx.com | [email protected]
512.261.2465
michellethomasdesign.com512.934.8107
Webster & Co.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.
