July 2022 Homes Sales in Canyon Creek Austin, TX 78726

   

The sky is not falling as you can see from the July Sales report but there is an adjustment taking place. Inventory is building, and in Canyon Creek the 7 active homes have been on the market an average of 43 days. Inventory is rising and homes are taking longer than 48 hours to sell. This is giving buyers a little more breathing room and some welcome relief.

The headlines are showing alarming inventory levels but remember we have been looking at weeks and sometimes days at our inventory and now we are looking at months. In Canyon Creek we are experiencing 2.33 months of inventory. 6 months is a balanced market so it’s still a seller’s market.

Navigating the market is evolving on a weekly basis. Sellers’s the more you do preparing your home to bring to market the stronger your position will be for a quick and smooth sale.  You will be facing increased competition so stand out from the crowd! Nothing like fresh paint, stellar curb appeal and spectacular photos to catch the eye of the buyer. Remember the eye buys!

Prices are not going to escalate like they have the last 2 years. The market is balancing but we are still in a great housing market.

 

The average sold price is up 23%. The sold price/per square foot is up 35%.

ACTIVE LISTINGS:

SEVEN homes out of 1,300+ homes  

PENDING LISTINGS:

TWO homes

SOLD LISTINGS:

THREE homes

Canyon Creek is a phenomenal master planned community, and we are fortunate to have a strong HOA Board committed to making a difference in holding our community to high standards.

We serve our clients by arming them with strong market knowledge and seasoned experience. Curious about what your home is worth? Nervous about the market? We stay on top of the data to make sure we are at the forefront of the market to best serve our sellers and buyers! Call us for a conversation on how the balancing in our market might impact your plans. Let’s see how we can help YOU!

Austin TX Canyon Creek Real Estate Agent

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I specialize in Listing and Selling homes in the NW Austin Area. I use my experience to guide clients through the process, whether selling or buying. It’s a beautiful thing when your career and a passion come together. I love what I do!