Austin Real Estate Trends - October 2024
- Lauren Koch
- Oct 1, 2024
- 4 min read
Updated: Nov 25, 2024
Market Insights & Seasonal Tips
Welcome to our Austin Real Estate Trends October 2024 update! Fall might be slowly creeping in, but here in Texas, we’re embracing it with open arms (and iced lattes). As the market transitions with the season, we’re here to keep you up-to-date on what’s happening in Austin real estate this October, along with practical home tips and must-know events around town.
Why October Is Prime for Austin Real Estate Trends
Buying a home in Austin this fall has its perks, even with the market cooling off. Here’s why fall can be a strategic season for buyers:
Less Competition: Fewer buyers mean less bidding pressure and more options to choose from.
Motivated Sellers: Sellers are often more flexible as they look to close by year-end, which can lead to better deals.
Easier Moving Weather: Cooler days ahead make moving and settling in much more comfortable.
Thinking about buying? Download our 90 Days to Homeowner Guide for a step-by-step roadmap to navigating Austin’s real estate market or connect with us to make the most of October’s Austin real estate trends and find your ideal home.
October’s Austin Real Estate Trends at a Glance
Here’s a look at the current market data, reflecting trends and activity in Austin over the last 30 days:
Average Sales Price: $578,300
Average Price per Square Foot: $315.42
Number of Sold Listings: 785
Average Days on Market: 67.2
In October 2024, Austin real estate trends show a steady market, with slightly lower prices and more availability compared to the busy summer months. This gives buyers an edge in finding the right home without intense competition.
How We Help You Navigate October’s Austin Real Estate Trends
Navigating the fall real estate market in Austin has unique challenges, but we’re here to make it work to your advantage. Here’s how we help you make the most of October’s Austin real estate trends:
Customized Search Strategies: As inventory shifts, we adjust your search criteria to fit both market trends and your personal priorities.
Access to New and Off-Market Listings: We stay tapped into off-market properties and new listings that aren’t always public.
Negotiation Leverage: With motivated sellers, we create strong offers that capitalize on fall’s seasonal flexibility.
Direct Outreach to Desired Neighborhoods: Have a specific area in mind? We can proactively contact homeowners in your preferred neighborhoods to explore potential listings.
October Home Maintenance Checklist: Seasonal Prep for Austin Homes
As fall (hopefully) settles in, here are a few seasonal tasks to keep your home in top shape:
Check Weatherstripping and Seals: Inspect doors and windows for any gaps to keep your home energy-efficient as temperatures dip.
Clean Out Gutters: Clear out any debris and check for blockages to prepare for fall rain.
Reverse Ceiling Fans: Change your ceiling fan direction to clockwise, which helps circulate warm air.
Test Your Heating System: Make sure your heating system is ready for when the chill finally arrives.
Declutter Summer Gear: Store summer items and tidy up outdoor spaces for the season ahead.
These small tasks will keep your home cozy, efficient, and ready for the seasonal shift!
October Events in Austin: Don’t Miss Out!
October is packed with events that celebrate everything from music to Halloween! Here’s what’s on the calendar:
Date: September 19 - November 1, 2024
Details: Walk through a magical, immersive experience featuring thousands of hand-carved pumpkins, themed lands, and interactive displays. Great for families and anyone looking to get into the Halloween spirit!
Austin City Limits (ACL) Music Festival
Date: October 4-6 & 11-13, 2024
Details: The iconic ACL brings together big-name acts and rising stars for two weekends of unforgettable music at Zilker Park.
Date: October 18-19, 25-26, 2024
Details: Dress up and bring the family to the Austin Zoo for a Halloween-themed evening with trick-or-treating and animal encounters.
Formula 1 United States Grand Prix
Date: October 18-20, 2024
Details: Held at the Circuit of the Americas, the F1 weekend includes high-speed races, concerts, and entertainment, drawing fans from around the world.
Austin Experiences to Try This Month
Whether you’re enjoying fall events or just soaking up the Austin vibe, here are a few activities perfect for October:
Haunted Walking Tour of Austin: Learn about Austin’s spookier side with a guided ghost tour around downtown.
Sunrise Paddle on Lady Bird Lake: Cooler October mornings make for a perfect paddle while catching the city waking up.
Explore McKinney Falls State Park: Take advantage of the slightly cooler weather with a hike or picnic at this beautiful park.
Catch a Movie at Blue Starlite Mini Urban Drive-In: Enjoy a classic or Halloween movie in Austin’s unique outdoor drive-in setting.
Stay tuned for next month’s Austin Real Estate Trends update, where we’ll bring you November’s market trends, events, and local tips to keep you in the loop.
Ready to start your journey to homeownership? Download our 90 Days to Homeowner Guide and discover the essential steps to finding your place in Austin.
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