Jason Tarr Dad + Broker + Coach

Jason's Market Update May 2016
  • The greater Austin area continues to be in a "sellers" market. Homes are selling quickly and prices continue to rise. Some areas, neighborhoods and price points are hotter than others. Sellers are benefiting from the current market cycle. While buyers have fewer options available and have to compete against each other for homes in many areas. Currently the greater Austin area has a 4 month supply of home inventory available, market wide. The best homes are going under contract within days and often over asking price! We have a home under contract now, where the buyer offered $75,000 over/above the sellers asking price! A balanced market is when the active home inventory levels reach 5 1/2 to 6 months of supply. In other words, if no additional homes became available for purchase, it would take however many months (currently 4) for inventory to be bought up. Another way to view this, is there are more buyers than there are homes available...Demand vs Supply.
  • Here are local stats:
  • Greater Austin (includes all rural and neighboring communities) - Medium Price $290,000, average days on market = 10
  • San Marcos - 146 Active Homes, Medium Price 205k, Days on Market 12
  • Kyle - 317 Active Homes, Medium Price 193k, Days on Market 18
  • Buda - 243 Active Homes, Medium Price 240k, Days on Market 24
  • Lockhart - 34 Active Homes, Medium Price 181k, Days on Market 42
  • Wimberley - 120 Active Homes, Medium Price 275k, Days on Market 41
Family Photos

Thank you Ashley Tullis for these great pictures of Preston and I from this last December.

Crystal & Jason
Preston and I prior to going on a zip line
My Mom, Dad, nephews and niece
Made this in Hawaii after proposing to Crystal
Preston being cool
Preston & I at a Luau
Headed down a mountain to a private beach
Preston & Izzy on a black sand beach.
Green Sand Beach
Crystal & I on a green sand beach
Another pic of the green sand beach
Preston being silly
Preston and Izzy
Family shot
Teaching the kids to meditate
I love to grill and cook!
Our little valentines date night at painting with a twist.
Us at a conference
I am a lucky guy!
Picture of Izzy, Crystal and I
One of my favorite dishes - Paella! Bonnie makes the best ever!
I am supposed to be a Christmas tree...
Preston's little league team got to play at Cowboy stadium
Tony who?!?
Nothing to say here...
I strongly believe in the power of positive thoughts and affirmations. Here are a number of my favorite quotes at this time in my life.
Well that is it for my presentation! Thank you for your love, friendship and referrals!
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Jason Tarr

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