NW Austin ~ Canyon Creek ~ April 2012 Statistical Report

              NW Austin ~ Canyon Creek  ~ April 2012 Statistical Report

The good news continues for Canyon Creek! In April 2012 homes sales were up 29% over April 2011.

There has been a 10% increase in the purchase of smaller square footage homes therefore the average sold price is down 6%. Smaller square footage homes tend to sell at a higher price per square foot therefore its understandable the price per square foot increased by 5%.  The average days on market are down 6% with well priced and staged homes moving off market in 1-6 days.

With 15 current active listings in Canyon Creek and an average of 7 homes sold per month the number of months it will take to sell the existing inventory (the absorption rate) will be 2.14. A stable market is 6 months worth of inventory and anything below that is a seller’s market. Canyon Creek home sellers should be seriously considering putting their homes on the market.

Prospective sellers if you are thinking about making a move in NW Austin in the near future and want to partner with the Realtor® who lives, works and plays in Canyon Creek please contact me for a free market analysis on your home. I have systems in place, references and am a good listener and communicator.

I would love the opportunity to earn your business and exceed your expectations.

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