December Newsletter 2024

📊 Central Texas Housing Market

In December 2024, the median home price in Central Texas hit $510,550, a 3.2% increase year over year. Over 880 homes sold in November, up 3.9% year over year, but homes are staying on the market longer, with a median of 47 days.

The sweet spot remains $300K—$399K, popular with first-time buyers, while luxury homes ($1.4M+) are seeing extended market times, averaging 74 days.

📈 Q1 2025 Predictions

Expect home values to rise 2–4%, with suburbs in Williamson and Hays counties leading growth. Affordable homes (<$400K) will remain hot, while higher-priced properties may allow for negotiation as buyers face affordability challenges and rising rates. Builders are increasing production with new options in Salado, Temple in Williamson, and San Marcos in Hays.

💡 Takeaways for Buyers & Sellers

• Buyers: Secure pre-approvals early. Look for deals on new builds and negotiate on homes sitting longer.
• Sellers: Price competitively. Stage your home for appeal. Listing early in Q1 may reduce competition.

🧹 Quick Maintenance Tips

• Clean Gutters and Downspouts: Remove leaves and debris to prevent water damage to your home’s foundation.
• Check Exterior Walls: Look for cracks or peeling paint that might need repairs.
• Inspect Your Roof: Use binoculars to spot missing shingles, leaks, or damage.
• Flush Water Heater: Drain it to remove sediment buildup and extend its life.

🔥 Design Trends

What to look for in your new home or consider in your home renovation:

• Outdoor Living Spaces: Features like fire pits, covered patios, and outdoor kitchens extend the home’s living space.
• Natural Materials Shine: Wood, stone, and metal add warmth and texture, connecting to the Texas landscape.
• Energy Efficiency is Key: Builders are prioritizing energy-saving features like net-zero homes and high-efficiency HVAC systems.
• Indoor-Outdoor Harmony: Expansive glass doors and large windows connect living spaces to outdoor areas.

🌟 What’s Happening

Holiday Bazaar at the Bar: Sunday, December 15th

Join us for a fun-filled day of shopping, sipping, live music, and festive cheer with 40+ vendors. Learn more →

Suede @ Lucky Rabbit - Jonestown: Saturday, December 28– Get details here →

Home Alone (1990 Movie) @ Paramount Theatre: Tuesday, December 17– Get details here →