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Austin Texas

Austin is the capital of the state of Texas and the seat of Travis County, situated in Central Texas on the Colorado River.

Austin is the fastest growing and eleventh most populous city in the United States of America and the fourth most populous city in the state of Texas with a population of 865,504 (2014 estimations).

It is home or regional headquarters of many Fortune 500 companies including Advanced Micro Devices, Apple, Google, IBM, Intel, Texas Instruments, 3M, and Whole Foods Market.

The residents are a mix of University faculty & staff, law enforcement, political staffers, foreign and domestic college students, musicians, high-tech workers, blue-collar workers and business people.

The city has been known as "Silicon Hills" in the technology sector but the official slogan is "The Live Music Capital of the World", due to the many musicians and live music venues within the area, and the long-running PBS TV concert series Austin City Limits.

Austin is located in Central Texas, along the Balcones Escarpment and Interstate 35, 80 miles northeast of San Antonio. Almost seven square miles of this area is water.

Austin is situated on the Colorado River, with three man-made lakes within the city limits: Lady Bird Lake; Lake Austin; and Lake Walter E. Long. Mansfield Dam and part of Lake Travis are located within the city limits. Lady Bird Lake, Lake Austin, and Lake Travis are on the Colorado River. As a result of its straddling the Balcones Fault, the eastern part of the city is flat, with heavy clay and loam soils, and the western part and western suburbs consist of rolling hills on the edge of the Texas Hill Country.

Austin was ranked by the Milken Institute as the No.12 biotech and life science center in the United States. Companies including Hospira, Pharmaceutical Product Development, and ArthroCare have a presence here.

The city has more than 50 public swimming pools, including Deep Eddy Pool,and Barton Springs pool, the nation's largest natural swimming pool in an urban area. Barton Springs pool is spring-fed while Deep Eddy is well-fed. Zilker Park is a large green area close to downtown.

Researchers at Central Connecticut State University ranked Austin the 16th most literate city in the United States for 2008. The Austin Public Library operates the John Henry Faulk Library and various library branches. In addition, the University of Texas at Austin operates the seventh-largest academic library in the nation.

Austin was voted "America's No.1 College Town" by the Travel Channel. Over 43 percent of Austin residents age 25 and over hold a bachelor's degree, while 16 percent hold a graduate degree. Since 2009, greater Austin ranks eighth among metropolitan areas in the United States for bachelor's degree attainment with nearly 39 percent of area residents over 25 holding a bachelor's degree.

Austin is home to the University of Texas at Austin. UT has over 38,000 undergraduate students and 12,000 graduate students. In 2010, the university was ranked 45th among "National Universities" (13th among public universities) by U.S. News and World Report. UT has annual research expenditures of over $640 million [170] and has the highest-ranked business, engineering, and law programs of any university in the state of Texas.

Other institutions of higher education in Austin include St. Edward's University, Austin Community College, Concordia University, Huston-Tillotson University, the Seminary of the Southwest, the Acton School of Business, Austin Graduate School of Theology, Austin Presbyterian Theological Seminary, Virginia College's Austin Campus, The Art Institute of Austin, Austin Conservatory and a branch of Park University.

Highly rated elementary and secondary schools contribute to the quality of life. Austin area households enjoy diverse options in education, including 29 public school districts, 17 charter schools and 69 private schools. Most of the city is served by the Austin Independent School District. This district includes notable schools such as the magnet Liberal Arts and Science Academy, which, by test scores, has always been within the top thirty high schools in the nation. Some parts of Austin are served by other districts, including Round Rock, Pflugerville, Leander, Manor, Del Valle, Lake Travis, Hays, and Eanes ISDs. Four of the metro's major public school systems, representing 54% of area enrollment, are included in Expansion Management magazine's latest annual education quality ratings of nearly 2,800 school districts nationwide. Two districts — Eanes and Round Rock — are rated "gold medal," the highest of the magazine's cost-performance categories.

Private and alternative education institutions for children in preschool - 12th grade include Regents School of Austin, Redeemer Lutheran School, Garza (public), Austin Discovery School (public charter), Austin Jewish Academy, The Austin Waldorf School, The Griffin School, The Khabele School, Concordia Academy, St. Ignatius Martyr Catholic School,Holy Family Catholic School, San Juan Diego Catholic High School, Brentwood Christian School, St. Austin Catholic School, St. Stephen's Episcopal School, St. Mary's, St. Theresa's, St. Michael's Catholic Academy, St. Gabriel's Catholic School, St. Andrew's Episcopal School, St. Francis Episcopal School, Saint Paul Lutheran School, Trinity Episcopal School, Huntington-Surrey, Cleaview Sudbury School, The Inside Outside School, ACE Academy, Paragon Preparatory Middle School, Austin International School, The Progress School and a number of Montessori schools.

Austin is also home to numerous child developmental institutions including the Center for Autism and Related Disorders, the Central Texas Autism Center, Autism Early Learning Center, Johnson Center for Child Health and Development and many more.

In March 2014, Austin-area home sales measured a seven-year high, increasing seven percent year-over-year to 2,262 single-family homes sold. This actually represented a nine percent increase over March 2013.

March 2014 Statistics

The median price for single-family homes, 11 percent more than March 2013, $231,750. The average price for single-family homes was $296,640 marking a 12 percent rise over March 2013.

The average number of days single-family homes spent on the market was 51 days. 16 days less than in March 2013.

The number of new single-family home listings on the market was 3,211, one percent fewer than March 2013.

There were 4,964 active single-family home listings on the market, eight percent fewer than March 2013.

2,669 pending sales for single-family homes, five percent fewer than March 2013.

2.2 months of inventory of single-family homes, 0.6 months less than March 2013.

$670,999,680 is the total dollar volume of single-family properties sold, 21 percent more than March 2013.

In light of this new information, those interested in buying or selling during the busy summer selling season should contact us soon so that we might help plan your strategy.

For more information please visit the city of Austin official website