Most frequently hired Realtor® in Canyon Creek - YOUR TRUSTED RESOURCE.

August 2015 Canyon Creek Subdivision in NW Austin Real Estate Activity

 

I am the “most frequently hired REALTOR® in the Canyon Creek Subdivision.” I offer hands-on Professional guidance for all your real estate needs.

 

August 2015 Real Estate Market Results in Canyon Creek

Are you wondering if it is the right time to sell or buy a home?  This report reviews the current market conditions and expectations as we finish the second month in the third quarter of 2015.

 

Canyon Creek is one of the most desired neighborhoods in NW Austin. It’s a prestigious master planned community that boasts several parks, a Junior Olympic pool, tennis courts, nature trails, top notch public schools, close proximity to our lakes, extensive entertainment and dining options. Canyon Creek offers homes from the mid $300,000’s to the high $600,000’s and includes 2 gated sections offering detached garden/condo home living options.

Active Listings in Canyon Creek

As of September 7, 2015 the inventory in Canyon Creek shows 10 resale homes on the market. There is less than a 1 month’s supply of inventory thus Canyon Creek enjoys a true seller’s market. If you are thinking of selling in Canyon Creek now is an excellent time to list your home.

 

Pending Sales in Canyon Creek

As of September 7, 2015 there are only 3 pending resale homes in Canyon Creek indicative of many buyer closings in August before school opened. In August the average days on market for properties sold was 8 days compared to 27 days in 2014 (a 70% decrease).

 

Homes Sales in August 2015

There were 12 closed resale home sales in the Canyon Creek Subdivision in August – a 50% increase over August 2014. These homes enjoyed a 98% list to sell ratio about the same as in 2014. Is the trend for home prices in Canyon Creek declining? No, available inventory continues to be low with only 10 homes currently for sale.

Canyon Creek Real Estate Summary

 

Bottom line: August 2015 home sales in Canyon Creek surged 50% over August 2014 as buyers found well maintained properties at what they perceived to be a good value. Buyers waited later in the summer selling to season to make offers with the goal of closing before school opened. The assurance of stable interest rates and closing before the new CFPB guidelines kicked in was an important factor for many buyers’ decision to purchase. The average sold price declined by 2% because smaller homes were preferred. The actual price/square foot went up 7%. Generally larger homes sell less price/square foot.

 

Determining the right price is where I can help you. Handling the demand, offers and dialogue with appraisers requires a seasoned professional like me with systems and processes in place to obtain fairly; the highest and best price for sellers. As a Canyon Creek resident since 1994 I know the intricacies of our community and our hyper local real estate market. I have many listings coming on market and are carefully preparing them to meet the expectations of the buyers.

 

Homes in Canyon Creek Subdivision in NW Austin, TX that are selling the quickest have several characteristics in common:

·        They are well maintained

·        Reasonably updated

·        Clean and uncluttered

·        Priced according to the current market conditions

Meet those conditions and your home has an excellent opportunity to be seen and sold in the Canyon Creek Real Estate Market!

 

Homes For Sale in Canyon Creek

Please check out a complete list of available Canyon Creek homes:

Search for homes in Canyon Creek

 

All data is derived from the Austin MLS System. If any Canyon Creek home traded hands without a REALTOR® involved, then it won’t be reflected in this report.

 

This market report is for general information only and does NOT replace a comprehensive market analysis. Each home and its amenities can range dramatically; please consult with me to determine your specific values. Put my expertise to work for you, call me at 512-346-1799 for a free comparable market analysis on your home.

 

Check my other posts on the market in Canyon Creek:

 

Canyon Creek First Quarter Market Report 2015

Canyon Creek Second Quarter Market Report 2015

Canyon Creek Market Report for July 2015

 

 

Please visit the website we provide for the community: CanyonCreekNews.com.

 

I am your Canyon Creek Resource!