Is Austin Real Estate Overpriced?

The Austin real estate has always been robust. Historically, Austin has appreciated at 5-6% per year. Austin has boomed post-COVID and it's natural to be concerned that our pricing has become inflated. The easiest way to see if our pricing makes sense is to compare Austin to other merto areas in the US. When you compare Austin to other metro areas, it becomes relatively clear that we're still a bargain.


Why is it important to compare MSA pricing?

America's workforce has always been somewhat transient. Tech workers, in particular, frequently change employment for better salaries. Beyond tech, almost every employee weighs both the salary and cost of living when deciding to accept a new position. It's important to understand how Austin's home pricing compares to other metro areas. Consider the following questions?

What if Austin were close in price to San Francisco or San Diego?

Few would argue that San Diego and San Francisco are amazing cities with great qualities of life. If Austin's home prices were close to San Diego or San Francisco, it would indicate that we're overheated and prices likely need to correct down.

What if Austin's home prices wese close to less desirable cities?

In the past, Austin's home prices have been comparable to objectively less desirable cities (we won't name names.) Cities with much cooler job markets, much less activities, airports without great connections, etc... When this was the case, it was indicative that Austin's homes were mispriced and they did adjust upwards.

What about Denver and Portland?

Internally, we watch Austin's comparative home prices to Denver and Portland are both really similar to Austin. Portland job market isn't as attractive as Austin's, but Denver is very close. While we could all probably argue and compaign for one city over the other, when there are comparable job opportunities, it's really preference as to which city is the best for any particular person.


Ready to Get Started?

*Don’t worry, we hate spam as much as you and would never sell or share your information. Our privacy policy is available here.

Buyer Resources
First Time Home Buyers CLICK HERE
Relocating To Austin? CLICK HERE

1800+ Client reviews!

Eric K.

Once more, I requested Vicki’s assistance in selling my home. With an initial walkthrough, she provided great guidance on how to prepare for the sale and furthermore, she provided a comprehensive assessment for potential buyers and an easy means to compare a multiple-offer situation. Her insight on the market was helpful to set ourselves up for this situation and end up with a great offer to walk away with!

Chandler Wieberg

Kathryn Strand helped me in summer of 2021 to find my first home. She is very professional and easy to talk to, which was very comforting during such a stressful time to buy a home. I appreciated how honest she was with me and led me in the right direction when deciding on houses. She is extremely trustworthy to do business with. I would recommend her to anyone! Thanks again, Kathryn!

Dave Vanyek

I was in the market to buy a condo in the North Austin area. Shaun Duffenbach was a terrific agent. He is very knowledgeable, and was very quick to respond to all of my questions from the beginning through to closing. I would would not hesitate to work with him him again for a future purchase.

Lacey J.

The experience of buying a home from out of state, in a competitive market felt overwhelming at first. Working with Craig McGuire and team helped us feel secure and heard at every step of the way. Stacy was able to video tour us through potential homes. When we did visit Pflugerville to tour in person we were well taken care of and found our new home the very first day!! Then Craig hustled to get our offer in fast and secured the deal. Very happy and appreciative of the team.

Jen H.

Erin Szczerba encouraged us to view a house we had written off based on how it was listed. It ended up being our dream home. We are so grateful Erin had the understanding, based on her expertise in real estate, to steer us in the right direction. We would have missed this incredible home if hadn’t been for Erin’s guidance.

Jordan Fleischer

Kasey and her assistant Kim were amazing to work with. They were great communicators and always available to show properties. We appreciated her knowledge and transparency throughout the buying process.

Nancy Baynes

We worked with Tara McGuire to sell property and she was fabulous. All of the parties involved lived in different states and she was able to make selling easy for all of us. She was knowledgeable about the current market to aid our decision about the sale of the property, and I highly recommend her for any of your real estate needs!

Campbell Ringel

We could not be more pleased with the help we received from Patrick Hallett and the folks at Bramlett Residential. As first time homebuyers in the very difficult Austin market Patrick helped us remain optimistic and ultimately find and secure the perfect house for us to call our first home. We are so grateful to have had your guidance during this trying process. Thank you again for all of your help!

Cameron K. Brown

Patrick has been absolutely excellent all the way through the process of selling my home. Very knowledgeable, responsive and great to work with

Wenli Zhou

I originally planned to have Eric Enberg help me to buy a house in Northern Austin area, he ended up helping me to buy a condo in Austin downtown recently. He is fantastic to work with. He is very responsive, calm and masterful in the process. Austin downtown area may not be his focus area, but he still managed to provide the best service to me. Thank you Eric.

Michael K

Bought my first home with Eric Engberg. He was amazing to work with and helped guide me through the whole process. He was always available to answer questions and generous to share his experience and knowledge with me. Would recommend him to anyone!

Lukas Bui

We were first-time home buyers from California in the hot Austin market.
We have an opportunity to with with Kathryn Strand and it was an ease and professional experiences for us. Kathryn is excellent and delivered a good communication in timely manner. She is patient, professional and knowledgeable to advise us to get our dream home. Although we have been through a very competitive market, Kathryn walk us though the buying process and remove all blockage and concerns. Moreover, she was very responsive and was able to set up viewings for us on short notice.

Looking forward for our next property with Kathryn and the agency. Amazing experience !