Thursday, May 22, 2025

May 2025 Market Report For

Current Market Report For

What's My 78704
Property Worth?

See how your home compares to other homes in 78704, and find out what you can do to increase its worth. Get your personalized home report, and learn what people are looking for in a home.

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78704 Home Prices

The 78704 area has had the average sale price increase by 5.5% over the last 12 months. Take a look at the details below!

78704 Condo Prices

The 78704 area has had the average sale price move in favor of buyers over the last 12 months. Take a look at the details below!

Highest home price of Single Family Homes

$5,400,000

Sold on May 07, 2025

Average home price of Single Family Homes

$1,390,917

up 5.5% since
May 2024

Median home price of Single Family Homes

$1,150,000

Highest home price of Condos

$3,300,000

Sold on August 21, 2024

Average home price of Condos

$605,875

down -2.7% since
May 2024

Median home price of Condos

$553,775

78704 Fast Facts

78704 market declined in home sales by 1% this year with 491 homes sold.
Recently sold
Currently active
Condos: 202
Single Family: 252
Currently pending
Condos: 19
Single Family: 49
  • Min Price - Max Price
showing
0 of 0 homes
Address List Price Sold Price BR Bath Sold Date List Date Sq. Ft. $/Sq. Ft. DOM
Average for:
78704
Total homes

Condos: 185

Single Family: 6880

Turn over rate

Condos: 99.46%

Single Family: 4.46%

Average days on market

Condos: 72

Single Family: 87

Average Years in home

Condos: 8.17

Single Family: 11.64

Look at What People are Buying

78704 has seen a lot of movement of 3 bedroom homes in the past 12 months.

1br

50 homes sold

2br

119 homes sold

3br

176 homes sold

4br

104 homes sold

5br

31 homes sold

6br

8 homes sold

A History of the
78704 Market

List to Sold Price

Quantity Sold Avg list price$ Avg sale price$ Avg DOM* Sale to list %
May 9 $603,278 $592,222 42 98.17%
Apr 14 $735,600 $700,935 71 95.29%
Mar 11 $734,086 $702,591 122 95.71%
Feb 12 $792,517 $738,875 81 93.23%
Jan 13 $557,846 $537,231 82 96.3%
Quantity Sold Avg list price$ Avg sale price$ Avg DOM* Sale to list %
May 17 $1,373,101 $1,306,461 83 95.15%
Apr 29 $1,590,997 $1,530,517 66 96.2%
Mar 27 $1,548,030 $1,469,381 110 94.92%
Feb 19 $1,255,579 $1,188,721 121 94.68%
Jan 14 $1,150,357 $1,096,299 125 95.3%
*Avg DOM: Days On Market - Average number of days properties take to sell

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Explore More Neighborhoods

78704
Barton Hills
Bouldin Creek
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Zilker

Ryan Rodenbeck

Owner
SPYGLASS Realty

(512) 965-1480

 sales@spyglassrealty.com
Ryan started in Austin real estate as an investor in 2001. He looked at all investment opportunities — Austin foreclosures, condos, homes for sale. After buying and selling houses for a few years, he felt like he knew more than most investment agents holding themselves out as "experts" and decided to get his real estate license.
 
He started his first Austin real estate brokerage in 2005, Elite Team Realty. In addition to Austin foreclosures, the team excelled at maximizing other investment opportunities for clients and took on property management as well. Elite Team Realty completed over a hundred million in real estate deals from January 2005 until September 2007. Their focus was residential investment property and foreclosures.
 
Ryan turned his talents to estimating renovation costs. His contracting business completed renovations on Austin foreclosures and make-readies for vacant property. After working with dozens of buyers on a foreclosure property, Ryan became a listing agent for many national banks, of which he still contracts for today.
 
In between brokerages, Ryan worked for Castle Hill Investments as a Sales Associate and the Director of REO Business. After leaving Castle Hill Investments, Ryan kept a good relationship with the owner of Castle Hill, Robert Grunnah, and they work together on certain projects today.
 
In July of 2008, the entrepreneurial bug came calling, so Ryan left Castle Hill to form Spyglass Realty and Investments. This time around, the focus was on residential real estate in the areas that he had a passion for, including Travis Country, 78704, Travis Heights, and downtown Austin. Anything with a modern Austin vibe was attractive. He began hands on training by the most recognized real estate training facilities he could find on how to increase exposure and market properties properly. He also used his experience in renovating properties to help his clients make the proper upgrades that will ensure top dollar.
 
Since starting Spyglass Realty in 2008, Ryan has been recognized by the Platinum Top 50 Realtors in 2011, 2012 and 2013 and the Austin Business Journal in 2011 and 2013 as a finalist in the top 50 top producer awards.
 

2117 Goodrich Avenue Unit A Austin, TX 78704

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) for the period through Feed last updated: 5/21/2025 5:00 PM. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.