How did Canyon Creek home sales NW Austin Perform First Quarter 2016?
Dorie Dillard is the “most frequently hired Realtor in the Canyon Creek Subdivision.”
Check out Canyon Creek area single family homes sold in the first quarter of 2016 compared to 2015. The numbers are in and home sales continue with positive appreciation and sales. 2015 was a good year but 2016 is proving to be even a better year as Austin continues in is expansion mode bringing in more residents in need of housing.
The number of home sales First quarter rose 31% compared to First quarter of 2015. The average sold price is up 13%, however keep in mind, the square footage of sold homes increased by 6%, certainly a factor in the increase in sold prices. There has been a 73% rise in days on market but some overpriced homes played a larger factor in the numbers.
As of April 4, 2016 there are 5 active homes on the market in Canyon Creek which translates into one month’s inventory. There are 13 pending homes on the market. It’s a seller’s market in Canyon Creek and we continue to see significant low levels of inventory (which will change as we move into April).
First Quarter 2016 data about homes sales in Canyon Creek:
- First Quarter 2016 closed 31% more homes than in 2015
- There are currently 13 Pending Homes for Sale
- Inventory is low
- Average Sold price is up 13%
- Average Sold price per square foot is up 5%
- Days on market increased 73%
- Average list to sell ratio is 99.6%
- Interest rates are still excellent and certainly now is the time to buy!
All sold information is derived from the Austin MLS system. If any Canyon Creek area homes traded hands without a REALTOR® involved; then it won’t be reflected in this report.
This 2016 First Quarter Canyon Creek Market Report is provided for general information only and does NOT replace a comprehensive market analysis. This report is informational, to obtain specific advice and counsel on your home contact me to review your needs at 512-346-1799.
1. If you’re a buyer, apply with a lender for pre-approval and be ready to make an offer on a home that comes on market. Call, I can be of help!
2. If you’re a seller and want to gain the advantage in selling your Canyon Creek home, contact me at 512-346-1799 or email at dillard@reloaustin.com for an insightful conversation about the marketability of your home and counseling session on the best cost saving ideas to implement staging your home for market. I offer hands on Professional guidance for all your real estate needs.
Don’t forget to visit my website: www.reloaustin.com
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       Dorie Dillard is the most frequently hired REALTOR® in the Canyon Creek Subdivision. “YOUR PERFECT PARTNER”
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