Home sales for Canyon Creek are in for July 2019. There are only three homes on the market in Canyon Creek (FYI: I do have one coming on the market in the next few weeks). The real estate summer market continues strong after a hot, hot spring market! Many buyers purchased homes and are trying to close but there are still those waiting for new listings. Homes hitting the market priced and staged right are receiving offers. School starts in a week, kids are getting ready for college and many are taking a last minute vacation so traffic is not what it was but will pick up after Labor Day.
Fall can be an interesting time in our local real estate market. 2019 has been another reord year for home values, and we expect to remain active throughout the football season. Sellers you have time to be ready to hit the market.
Active Listings in Canyon Creek
As of July 31, 2019 there are only 3 Active resale homes in Canyon Creek! You heard me right…. There are 1,330+ homes in the community so inventory is almost non-existent!
Pending Sales in Canyon Creek
As of July 31, 2019 there are 5 Contract Pending homes. With 3 Active and 5 Contract Pending homes now is the time to list your home! Inventory is needed to meet the buyers demand….sellers are you listening?
Homes Sales in July 2019
As of July 31, 2019, 9 homes closed, down 36% from July 2018. The 9 sold properties were up 3% in square footage. Buyers were attracted to well-appointed homes with quality upgrades and weren’t afraid to fight for them. The days on market in July were down 87% and home prices were up 14%! Buyers….if you snooze you’ll lose in this market!
A note to sellers in Canyon Creek:
Today’s buyers are savvy about current home values and available inventory but need a home. They are clamoring to secure a property with the lower interest rates. If you’re considering selling allow me to partner with you in determining the right price. Handling the demand, offers and dialog with appraisers requires a seasoned professional with systems and process in place.
As a Canyon Creek resident since 1994 I have been a neighborhood specialist and actively involved in the market with first-hand knowledge of inventory flucations and home values of our community. Procuring the maximum dollar for your home is always my goal. You need a full service real estate agent who has a long-standing history of producing results! Melissa Stout is my daughter and grew up in NW Austin. She can help you too!
Canyon Creek Real Estate Summary:
Bottom line July 2019 Canyon Creek Homes sales:
- Number of homes sold decreased by 36%
- List price up 13%
- Sold price up 14%
- List price per square foot up 9%
- Sold price per square foot up 11%
- Number of days on market decreased by 87%
- Average square footage up 3%
Please note:
Hiring the right Canyon Creek Realtor® is critical in your home selling success.
Are you considering selling in the near future? Are you curious about your home’s value or how to prioritize updates/repairs before selling? Let’s have a no pressure conversation to discuss your home/situation. It makes a difference when the agent you hire keenly follows neighborhood trends and market dynamics.
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.
