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

I am the “most frequently hired REALTOR® in the Canyon Creek Subdivision.” 

 

January 2017 Real Estate Market Results in Canyon Creek

It’s already the second month in first quarter of 2017. If you’re wondering if it is the right time to sell or buy a home…  The answer is definitely yes! Austin’s economy continues to swell because of jobs, jobs, jobs. Newcomers seek out the Canyon Creek Subdivision because of its rolling hills topography, broad tree lined streets and excellent schools.

 

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 February 1, 2017 there are 5 resale homes in Canyon Creek priced from a low of $400,000 to a high of $574,000 and have an average days of market of 86 days. There is a little less than a month’s supply of homes thus Canyon Creek enjoys a true seller’s market.

 

Pending Sales in Canyon Creek

As of February 1, 2017 there are 4 homes under contract waiting to close with an average of 19 cumulative days on market.

  

Homes Sales in January 2017

There were 3 closed homes in the Canyon Creek Subdivision in January up 1 more than from January 2016. Sold homes enjoyed a 96 % List to Sell Ratio (down from 100% in 2016) and the days on market were down 66% compared to January 2016. 

We continue to fight low inventory and high demand so if you’re thinking of selling….contact me. Those who are willing to price and stage homes right have an excellent chance to sell.

 

Canyon Creek Real Estate Summary

 

Bottom line: January 2017 home sales in Canyon Creek were up by one from January 2016 and the average sold price in January 2017 was up 14% however the average square footage was up 12% so stands to reason larger homes equates to higher prices. The price sold per/square foot held steady.

 

The 4 homes currently under contract show a lower price/square foot and shorter time on market than the 5 current active properties. Buyers are resisting “ego” pricing from sellers and want a good value for their money. Buyers are too savvy to be taken in, especially with rising interest rates. We have a seller’s market..not a “stupid” market.

 

Sellers, determining the right price are 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

Meeting these conditions your home has an excellent opportunity to be seen and sold in advance of others 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 influence the up or down price in the market dramatically; please consult with me to determine your specific value.

Reach out to me at 512-346-1799 or email at dillard@reloaustin.com for an insightful conversation about the marketability of your home. I offer hands on Professional guidance for all your real estate needs.

A local expert with national connections…..

Check my other posts on the market in Canyon Creek:

2016 End of Year Market Report

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

 

I am your Canyon Creek Community Resource!

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