North Austin neighborhood rated as 'hot' national real estate market

Jan 15, 2014
Austin Business Journal

The Barrington Oaks neighborhood in Northwest Austin is projected to be one of the hottest residential real estate markets in 2014, according to Seattle-based Redfin

Barrington Oaks — located south of U.S. 183 between Oak Knoll Drive and Spicewood Springs Road — is projected as the sixth-hottest market in the country based on sales data, Web views and agent observations. Homes in Barrington Oaks had a 316 percent increase in page views during the past year, according to Redfin

The neighborhood is near Riata Corporate Center where Apple Inc. (Nasdaq: AAPL) is completing a major expansion. Other major employers are located in the area

Other Austin area neighborhoods projected to do well — all in areas north of downtown — are:

• Milwood near West Parmer Lane and Amherst Drive

• Stone Canyon west of Round Rock

• Fern Bluff just to the west of Stone Canyon

• North Austin, north of U.S. 183 between Lamar Boulevard and Burnet Road

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