Hey there, it's Gene Arant with Keller Williams Realty. Just wanted to share a quick market update on the Four Points area. 

Prices have dipped by about 16% from last year. The city of Austin saw a 3% uptick, but their average sale price is around $200,000 less than ours in the Four Points area, currently sitting at $640,000.

The good news is that overall inventory is on the lower side. So, we're anticipating more interest in properties, and we might see those prices starting to climb back up this year. Especially with the feds eyeing potential interest rate drops, possibly happening up to three times this year. Although the first drop might not hit until around June, we're already witnessing a lot of activity in the spring market.

If you have any questions or want more insights into the market, feel free to reach out. You can contact us at 512-261-1000 or visit our website at AustinTexasRealEstate.com.

Thank you for staying informed, and we're here to assist with your real estate needs.

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