Austin neighborhoods where houses sell like hot cakesAustin neighborhoods where houses sell like hot cakeshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=21552014-12-17T15:32:00Z2014-12-17T00:00:00Z

AUSTIN - Redfin has analyzed residential sales in major U.S. markets and picked the fastest-selling houses at the biggest markups.

In the Austin market, Redfin postulates that older bungalows in trending neighborhoods present the best opportunities for quick sales at prices substantially exceeding the list price.

Redfin ranks the Crestview, Brentwood and Windsor Park neighborhoods among the hottest in town. All are in North Austin. Crestview and Brentwood are west of I-35 and Windsor Park is east of I-35.

Redfin highlighted three specific sales in its report.

One was a three-bedroom, two-bathroom house originally built in 1932 on Pecan Springs Rd. that sold within three days with a 26 percent increase from the list price of $294,000. It sold for $370,000, or $214 per sf.

Austin Business Journal
Austin-Round Rock
http://www.bizjournals.com/austin/blog/real-estate/2014/12/redfin-picks-austin-neighborhoods-where-houses-are.htmlRead more at {Source}

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