Canyon Creek NW Austin 78726 Real Estate Market June 2017
I am the “most frequently hired REALTOR® in the Canyon Creek Subdivision.”
June 2017 Real Estate Market Results in Canyon Creek
Second quarter of 2017 is over (hard to believe we are in our third quarter of 2017)! If you’re wondering if it is the right time to sell or buy a home… The answer is definitely yes! Texas economy continues to be robust because of job creation resulting in more people coming our way. 50 people a day move to Austin.
Once again Austin tops the hit parade ranking #1 on US News “Best 100 Places to live” in 2017! Buyers seek out the Canyon Creek Subdivision because of its rolling hills topography, broad tree lined streets and excellent schools. Canyon Creek is where you’ll find neighbors are friends; streets are safe and the nights quiet.
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 high $300,000’s to the mid $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 July 1, 2017 there are 16 Active and Active Contingent resale homes, condos and garden homes in Canyon Creek priced from a low of $344,000 to a high of $575,000 with average days on market of 66 days. There is a 2+ months supply of homes.
Pending Sales in Canyon Creek
As of July 1, 2017 there are 7 homes under contract waiting to close with an average of 24 cumulative days on market. Homes priced and staged right go under contract quickly. Buyers are looking for fresh listings and are ready and willing to make an offer to close and settle before school starts on August 22nd.
Home Sales in June 2017
8 homes closed in the Canyon Creek Subdivision in June 33% more than June 2016. The 8 homes Sold enjoyed a 100% List to Sell Ratio (up 1% from 2016) and days on market were up 50% compared to June 2016.
Inventory is building. Remember to price your home at market price. Buyers are resisting over priced listings and those priced too high are now reducing prices. Presenting your home in its best light coupled with listing at market price is the key to going from Active to Sold.
Canyon Creek Real Estate Summary
Bottom line: June 2017 home sales in Canyon Creek increased by 33% over 2016. Sold prices decreased by 2%. The price/square foot of homes sold in June 2017 increased by 6%. The size of the homes sold decreased by 6% thus we saw smaller homes sell for a higher price/square foot which is the standard rule of thumb. Properties coming on in May that were presented well and priced to market value received offers in an average of 24 days.
June was an excellent closing month for homes in Canyon Creek!
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 you. 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, 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 serving residential home buyers and sellers.
A local expert with national connections…..
Check my other posts on the market in Canyon Creek:
Please visit the website I provide for the community: CanyonCreekNews.com.
I am your Canyon Creek Community Resource!
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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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