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How homes sold NW Austin Canyon Creek Subdivision First Quarter 2017

Dorie Dillard is the “most frequently hired agent in the Canyon Creek Subdivision.”
 
Check out Canyon Creek area single family homes sold in the First Quarter of 2017 compared to 2016. The numbers are in and homes sold did so with positive appreciation. 2017 First Quarter shows a decrease in number of homes sales but an increase in sales price. Austin continues in its expansion mode by luring more residents in need of housing due to Austin’s emphasis on job creation. Read the latest article in the Austin Business Journal about people moving to Austin. US News touts Austin #1 for the best place to live!
 
The number of home sales in the First Quarter decreased by 29% compared to First Quarter of 2016. The average sold price increased 8%, and price/square foot decreased by 6%. How can that be? Homes sold in 2017 were 12% larger and the price/square usually trends down as square footage increases. Inventory is low with many sellers waiting to go to market later in the spring. Homes new to market, well staged and well priced received offers as buyers were afraid of possible interest rate increases and escalating prices.  
 
 
As of March 31, 1 2017 there are ... more

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