Eastside Home Sales Statistics
|Avg. Days On Market||92|
Property Types (active listings)
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FAST FACTS FOR 2022: The average sales price for a 2 bedroom home in East Austin was $704,375. The most expensive 2 bedroom home sold in East Austin sold for $1,800,000.
The average sales price for a 3 bedroom home in East Austin was $917,040. The most expensive 3 bedroom home sold in East Austin sold for $2,400,000
The most expensive home sold in East Austin sold for $2,350,000, a 2019 built home featuring 5 bedrooms, 4 full baths, and 2981 square feet.
East Austin is a vibrant and diverse area located east of I-35 and north of the Ladybird Lake, aka Colorado River, in Austin, Texas. The real estate market in East Austin has experienced significant growth and development over the past decade. The area is known for its unique culture, historical significance, and proximity to downtown Austin. Here are some key points:
East Austin offers a wide range of housing options, from historic bungalows and cottages to modern condominiums and apartments. You can find everything from single-family homes, to A/B units (where two homes are built on one lot), 5-story condominium buildings, and more. Like many urban areas, East Austin has experienced gentrification, which has led to rising property values and increased demand for housing. This has both positive and negative consequences, with longtime residents facing affordability challenges.
One of the key attractions of East Austin is its proximity to downtown Austin. This makes it an attractive area for those who work in the city center. East Austin is also known for its vibrant arts and cultural scene. You'll find numerous art galleries, music venues, and cultural events that contribute to the unique character of the area.
The quality of schools in East Austin can vary. Families looking to move to the area often consider the educational options available.
East Austin has a growing number of restaurants, shops, and other amenities. The development of mixed-use spaces has brought a variety of conveniences to the area. Some people see East Austin as an attractive real estate investment opportunity due to its growth and development potential. However, it's important to conduct thorough research and consider the risks associated with real estate investments.
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