Austin Ridge Market update January 2025

https://www.youtube.com/shorts/FpvhAYeL7B4

We are seeing a very slow real estate market currently. In fact, 2024 had the lowest real estate sales since 1995!!!! We didn’t have any homes sell in January this year. In December of 2024, there was one home that sold. It was on the market for 6 days, was listed for $729,990 and sold for $735,490. I also looked at what January looked like in 2024 and for that month, 2 homes sold. Average days on market for those were 7 days. Average list price was $675,000 and average sold price was $685,000. High interest rates are a contributing factor for the slow market.

What’s new in Stafford? Check out Laudenbach Brewing at 45 Centreport Parkway, Ste.101. It opened in January and is a Bavarian Biergarten style taproom. They are currently open Thursday- Sundays. You can find German favorites like Weiss beer, Pilsners and Bocks. They are have some really fun beers like their butterscotch Ale, Banana Split Ale and Mint Chocolate Stout!! You can learn more about them at laudenbachbrewing.com

Please keep me in mind for all of your real estate needs!