Home sales for Canyon Creek are in for August 2019. The real estate summer market slowed in August as families turned their attention to getting students ready to go back to school and kids off to college. It happens every year, not many sellers have time to think straight until after Labor Day!
Buyers need housing and are anxious to take advantage of the current low interest rates but are resisting escalating prices. Sellers you have time to be ready to hit the market but need to be realistic about your list price and be able to justify with solid comparable sold sales.
Active Listings in Canyon Creek
As of August 31, 2019 there are only 6 active resale homes in Canyon Creek out of 1,330+ homes in the community!
Pending Sales in Canyon Creek
As of August 31, 2019 there are only 4 homes under contract. Inventory is needed to meet the buyers demand….sellers are you listening?
Homes Sales in August 2019
As of August 31, 2019, only 3 homes closed, down 77% from August 2018 which is significant!! The 3 sold properties were down 3% in square footage. Many buyers closed on homes in July trying to get settled before school started in August. The days on market in August were up 62% and home prices were the same as in August 2018. Is the market cooling from the fast pace of the spring market? If so, is it due seller’s “imagination” pricing?
A note to sellers in Canyon Creek:
Today’s buyers are knowledgeable with facts in hand and want a home that is well maintained and priced to current market sales.
2019 has been another record year for home values, and we expect to remain active throughout the rest of 2019. If you’re considering entering the fall market you need to partner with me in determining the right price. Handling the demand, offers and dialog with appraisers requires a seasoned professional with systems and processes in place.
As a Canyon Creek resident since 1994 I’ve been a neighborhood specialist and actively involved in the market with first-hand knowledge of inventory fluctuations and home values in 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!
Hiring the right Canyon Creek Realtor® is critical in your home selling success.
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.
