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

A Look at Canyon Creek’s Market April 2017 in NW Austin 78726

 

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

 

April 2017 Real Estate Market Results in Canyon Creek

It’s now the end of the first month of the second quarter of 2017 (hard to believe it’s now May). 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 Culture Map on the spring forecast for Austin! I agree with tax season behind us consumers are ready to make decisions and offers! 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. Many who live in Canyon Creek have lived here for years and bought and sold more than one home in the community.

 

Here are the most up-to-date stats on the Canyon Creek neighborhood.  

 

Active Listings in Canyon Creek

As of May 1, 2017 there are 13 Active and Active Contingent resale homes in Canyon Creek priced from a low of $384,900 to a high of $575,000 with average days on market of 34 days. There is a little less than 2 months supply of homes thus Canyon Creek is still enjoying a seller’s market.

 

Pending Sales in Canyon Creek

As of May 1, 2017 there are 12 homes under contract waiting to close with an average of 10 cumulative days on market. Homes priced and staged right go under contract quickly. Buyers are looking for fresh listings and are willing to make a decision and tender an offer.

  

Homes Sales in April 2017

6 homes closed in the Canyon Creek Subdivision in April down 33% from April 2016 (9 homes). The 6 homes Sold enjoyed a 98.5% % List to Sell Ratio (the same in 2016) and days on market were down 39% compared to April 2016. 

 

Inventory remains low and demand is high so if you’re thinking of selling….contact me.

 

Canyon Creek Real Estate Summary

 

Bottom line: April 2017 home sales in Canyon Creek were down 33% while the average sold price increased 11% due to an increase in the square foot size of homes sold. The price/SF was only down 1%, usually larger homes means lower price/square foot. The inventory available in April came on staged and priced well and moved under contract with an average of 10 days.

 

The 12 homes currently under contract are slightly larger in square footage than April sales but are the same in price/square foot. May well be an excellent 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 international connections…..

Check my other posts on the market in Canyon Creek:

 

March 2017 Market Report

February 2017 Market Report

 

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

 

I am your Canyon Creek Community Resource!

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