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Saturday, May 18, 2024

Home valuations increased in Garfield during Q2

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The median assessed value of a home sold in the second quarter of 2022 in Garfield rose by $95,581 while total valuation remained unchanged with two homes sold, according to BlockShopper.com.

From April through June, there were two homes sold, with a median home valuation of $154,371 - a 162.6 percent increase over the $58,790 median valuation for the same period of the previous year. There were two homes sold in Garfield in the second quarter of 2021, as well.

The following table compares Garfield to other Travis County cities with similar median home valuations in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median ValuationApril - June 2021 Median Valuation% change (Median Valuation)
Point Venture125140$298,114$227,99530.8
Pflugerville7386-15.1$288,079$257,31312
Leander141040$278,623$455,925-38.9
Lago Vista24229.1$271,310$261,0863.9
Wells Branch5366.7$242,600$242,760-0.1
Volente10-$237,669$0-
Manor4520125$216,867$202,3327.2
Dessau Fountains220$212,425$194,7469.1
Elgin69-33.3$174,566$166,7634.7
Garfield220$154,371$58,790162.6
Hornsby Bend39-66.7$138,294$153,562-9.9

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