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

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

 

March 2017 Real Estate Market Results in Canyon Creek

It’s now the end of first quarter of 2017 (hard to believe) as we look back at March 2017 figures. 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 our job creation. Check out the latest article in Austin Business Journal on numbers of people moving to Austin! We find 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 March 31, 2017 there are 8 resale homes in Canyon Creek priced from a low of $405,000 to a high of $569,900 with average days on market of 27 days. There is a little more than one month’s supply of homes thus Canyon Creek enjoys a true seller’s market.

 

Pending Sales in Canyon Creek

As of March 31, 2017 there are 8 homes under contract waiting to close with an average of 37 cumulative days on market. 6 of the 8 homes came on the market in March and went under contract quickly. Buyers had been waiting for fresh listings to come on market and were willing to be decisive and make offers.

  

Homes Sales in March 2017

There were 12 homes closed in the Canyon Creek Subdivision in March down by 33% than from March 2016 (4 homes). The 12 homes Sold enjoyed a 99% % List to Sell Ratio (the same in 2016) and the days on market was down negligible compared to February 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: March 2017 home sales in Canyon Creek were down but the average sold price stayed the same as in 2016. In March 2017 the homes sold were roughly the same square footage as in 2016. The new inventory that came available in March went under contract quickly along with some homes languishing on market that finally reduced their homes to fall in line with what buyers were willing to pay.

 

The 8 homes currently under contract show a slightly higher price/square foot than the 8 current active properties and are roughly the same square footage. 6 of the 8 homes listed in March were priced, staged right and received offers so April will be a good closing month for homes in Canyon Creek!

 

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:

 

February 2017 Market Report

 

January 2017 Market Report

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

 

I am your Canyon Creek Community Resource!

Save