Zip code 78749 in Southwest Austin is one of the few places in the United States where the real estate market is robust and booming. Recently ranked second in a Business Week magazine study on the fastest selling US zip codes, homes in this high-end neighborhood were second to only Sunnyvale, California.
Austin real estate brokers are positive about the implications such market behavior will have on Austin, TX real estate, especially for sellers. Interviewed by Business Week magazine Jay Carter, a veteran realtor with Living in Austin says, “This truly is one area of the Austin Real Estate market where sellers are still in control.”
Real estate in Texas has definitely been looking up as zip codes like Houston, Plano and economically forward areas like Portland and Oregon have been drawing homebuyers and sellers in numbers. Nonetheless, Austin real estate agents have revealed that the 78749 zip code is as exclusive as it can get in terms of prime real estate in Texas.
Where prices are concerned, the superior condition of the homes in such an elegant neighborhood commands enormous potential for profit for the seller. The high standard of the homes in this locality speak for themselves and realtors like Jay Carter cannot be any happier.
Similarly, for a buyer interested in prime Real Estate in Austin, Jay thinks the location is ideal. A recognized realtor in the Austin real estate business, Jay explains, “It’s a high-end neighborhood surrounded by scenic hills, but it’s just a 5- or 10-minute drive to downtown.” The price you pay for real estate in Austin is the price you pay for exclusivity, convenience and aesthetically pleasing environs.