Real Estate Market in Estates of Brentwood ~NW Austin TX June 2013
The real estate market in Estates of Brentwood is strong in June 2013. My objective in this report is to provide you with a Real Estate snapshot of the community. This report reviews the current market conditions and expectations as we continue to finish out the second quarter of 2013.
What is the neighborhood like?
The Estates of Brentwood neighborhood is a small pocket of approximately 100 homes centrally located in NW Austin off Anderson Mill Road. These homes were built by two builders; DR. Horton and Morrison Homes. They started construction in 1996 and completed the community in 1999. Resident students attend these Round Rock Schools; Spicewood Elementary, Canyon Vista Middle School and Westwood High School. This community is conveniently located near a variety of shopping and retail areas including access to major highways and employers. A big draw for many residents is the proximity to Lake Travis.
This neighborhood is an affordable choice for many buyers for brick and stone one and two story homes priced in the high $300,000’s to the low $500,000’s.
Active listings in Estates of Brentwood
As of June 12, 2013 there are no active listings homes for sale. If you are thinking of selling in Estates of Brentwood now is an excellent time to get your home listed. If you are priced and staged well your home will sell.
Pending Sales in Estates of Brentwood
As of June 12, 2013 there are 3 pending homes, which bodes well for the market. Buyers are finding homes and making offers quickly. The average time on market for these 3 homes is 25 days. The average list price is $454,600 with an average list price/square of $144.61.
Home sales in Estates of Brentwood
There are 2 homes closed so far in the Estates of Brentwood for 2013. Considering there are 3 homes currently under contract and due to close the market is looking good for sellers in the Estates of Brentwood. There will be 5 homes closed half way through 2013 and in 2012 there were 6 homes closed for the year!
Estates of Brentwood Real Estate Summary
This Estate of Brentwood real estate summary provides a snapshot of their market. Included are yearly averages and totals.
Average Sales Price: $389,654 (Up)
Number of Sales: 6 (Up)
Average Days-On-Market, Sold Homes: 11 (Down)
Average SP/LP Ratio 98% (Up)
Highest List price: $427,000 (Up)
Lowest Listing price: $320,000 (Up)
Homes For Sale in Estates of Brentwood
All data is derived from the Austin MLS System. If any Estates of Brentwood home traded hands without a Realtor involved, then 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 can range dramatically: please consult with me to determine your specific values. Put my expertise to work for you call me at 512-346-1799 for a free comparable market analysis on your home.
Visit our website at: www.reloaustin.com
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