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

November 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.

November 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 begin second month in the fourth 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 mid $600,000’s and includes 2 gated sections offering detached garden/condo home living options.

Active Listings in Canyon Creek

As of December 2, 2015 there are 10 resale homes in Canyon Creek priced from a low of $337,500 to a high of $540,000. There is a 3 month’s supply of homes thus Canyon Creek enjoys a seller’s market. If you are thinking of selling in Canyon Creek now is an excellent time to list your home for buyers needing to be in for the holidays.

Pending Sales in Canyon Creek

As of December 2, 2015 there are currently 7 homes under contract waiting to close. Buyers realized 2015 was coming to an end and if they wanted to close on a home before the end of the year and enjoy a favorable interest rate they needed to make a decision on a home purchase.  Offers were made and deals struck for buyers who were ready, willing and able to purchase!

Homes Sales in November 2015

There were 5 closed resale homes in the Canyon Creek Subdivision in November – the same number as in November 2014. The homes enjoyed a 97.60% List to sell ratio (slight increase over 2014). Is the market slowing in Canyon Creek? No, in November buyers made offers on homes with the intention of closing before the end of December 2015 and before interest rates increased. In Texas if you close before January 1 you can file for your Homestead Exemption the first of January (a real property tax savings).

Canyon Creek Real Estate Summary

Bottom line: November 2015 home sales in Canyon Creek equaled the number of closed in November 2014.  Homes sold in 49% fewer days than in 2014. The list price in 2015 was down 2% but the sold price showed less than 1% difference in 2015. Buyers showed a slight resistance to price/SF of homes sold.  The 7 homes under contract show an increase of days on market (74 days).  Buyers took longer in their decision making process to formulate offers.

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 am 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 Third Quarter Market Report 2015

Canyon Creek Market Report for October 2015

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

I am your Canyon Creek Resource!