December 2016 Canyon Creek Community NW Austin Real Estate Activity

By
Real Estate Agent with Coldwell Banker United Realtors® ~ 512.346.1799
http://activerain.com/droplet/4Yxd

 

I am the “most frequently hired REALTOR® in the Canyon Creek Subdivision.” 

 

December 2016 Real Estate Market Results in Canyon Creek

It’s now first quarter of 2017 and interest rates are moving up and will more than likely continue to move upward throughout the year. If you’re wondering if it is the right time to sell or buy a home…  The answer is definitely yes! Austin’s economy continues to swell because of jobs, jobs, jobs. Newcomers seek out the Canyon Creek Subdivision because of its rolling hills topography, broad tree lined streets and excellent schools.

 

Canyon Creek is one of the most desired neighborhoods in NW Austin. It’s a prestigious master planned community that boasts several parks, a Junior Olympic pool, tennis courts, nature trails, top notch public schools, close proximity to our lakes, extensive entertainment and dining options. Canyon Creek offers homes from the mid $300,000’s to the high $600,000’s and includes 2 gated sections offering detached garden/condo home living options.

 

 

Active Listings in Canyon Creek

As of January 2, 2017 there are 4 resale homes in Canyon Creek priced from a low of $574,000 to a high of $629,000.   There is less than a month’s supply of homes thus Canyon Creek enjoys a true seller’s market.

 

Pending Sales in Canyon Creek

As of January 2, 2017 there are 3 homes under contract waiting to close with an average of 30 cumulative days on market.

  

Homes Sales in December 2016

There were 4 closed homes in the Canyon Creek Subdivision in December down 43% from December 2015. Sold homes enjoyed a 99 % List to Sell Ratio and the days on market were up 103%% compared to December 2015. 

 

We continue to fight low inventory and high demand so if you’re thinking of selling….contact me. Those who are willing to price and stage homes right have an excellent chance to sell.

 

Canyon Creek Real Estate Summary

 

Bottom line: December 2016 home sales in Canyon Creek were down from December 2015 (but were up for the total year), the average sold price in December 2016 was the same as in 2015 however the sold price/square foot shot up 9%! Good quality listings came on market in October staged and priced well which produced good offers resulting in higher sales for November with buyers wanting to be in for the holidays, thus December sales numbers were lower.

 

The 3 homes currently under contract show a lower price/SF and shorter time on market than the 4 current active properties. Buyers are resisting “ego” pricing from sellers and want a good value for their money. Buyers are too savvy to be taken in, especially with rising interest rates. We have a seller’s market...not a “stupid” market.

 

Sellers, determining the right price are where I can help you. Handling the demand, offers and dialogue with appraisers requires a seasoned professional like me with systems and processes in place to obtain fairly; the highest and best price for sellers. As a Canyon Creek resident since 1994 I know the intricacies of our community and our hyper local real estate market. I have many listings coming on market and am carefully preparing them to meet the expectations of the buyers.

 

Homes in Canyon Creek Subdivision in NW Austin, TX that are selling the quickest have several characteristics in common:

   - They are well maintained

   - Reasonably updated

   - Clean and uncluttered

   - Priced according to the current market conditions

Meeting these conditions your home has an excellent opportunity to be seen and sold in advance of others in the Canyon Creek Real Estate Market!

 

Homes For Sale in Canyon Creek

 

Please check out a complete list of available Canyon Creek homes:

Search for homes in Canyon Creek

 

All data is derived from the Austin MLS System. If any Canyon Creek 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 influence the up or down price in the market dramatically; please consult with me to determine your specific value.

Reach out to me at 512-346-1799 or email at dillard@reloaustin.com for an insightful conversation about the marketability of your home. I offer hands on Professional guidance for all your real estate needs.

A local expert with international connections…..

Check my other posts on the market in Canyon Creek:

 

November Market Report 2016

October Market Report 2016

 

Please visit the website I provide for the community: CanyonCreekNews.com.

 

I am your Canyon Creek Community Resource!

 

Search for homes in NW Austin

 

 

 

 

 

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Topic:
Real Estate Market Trends
Location:
Texas Travis County Austin
Groups:
Texas Real Estate
All Thing's Texas
Market Reports
All Real Estate - Today and Tomorrow
2017 Market Trend Reports
Tags:
austin tx
canyon creek
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dorie dillard
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Rainmaker
2,641,976
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce - Short Sale

We are seeing some hopeful signs of thinventory...thining a bit....and hope yo will as well !

Jan 04, 2017 05:14 AM #1
Rainmaker
1,692,991
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

What an extreme sellers market in Canyon Creek, Dorie.  Hope that inventory increases to more moderate levels for buyers...yet, buyers need to seek you out for what is coming on the market too.

Jan 04, 2017 05:46 AM #2
Rainmaker
2,475,981
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Good morning Dorie. Less than a one month supply of homes listed and you are a buyer! Call the agent with the most experience listing homes in Canyon Creek, Dorie! Enjoy your day!

Jan 04, 2017 05:54 AM #3
Rainmaker
3,820,779
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Anyone thinking of buying or selling a home in Canyon Creek should call you.

Jan 04, 2017 06:18 AM #4
Rainmaker
2,785,614
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Good morning, Dorie -- this post once again secures your position as the ultimate source for Canyon Creek real estate.   Your advice to sellers is spot on.  Buyers understand this is a sellers' market but not a stupid one and they are aware of ego pricing as they are "out there" making offers on well-priced and well-presented properties.  

Jan 04, 2017 06:46 AM #5
Rainmaker
1,811,206
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Canyon Creek seems like such a nice place to live!  Whenever I am wondering what is going on within Canyon Creek, I just visit your blog!

Jan 04, 2017 07:11 AM #6
Rainmaker
797,599
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

It is easy to see why you are the most frequently hired REALTOR® in the Canyon Creek subdivision.  Great visuals and easy to follow. 

Jan 04, 2017 12:54 PM #7
Rainmaker
4,049,022
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good evening Dorie.  Thanks for keeping us updated with the Canyon Creek real estate market.

Jan 04, 2017 04:35 PM #8
Ambassador
3,377,202
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Dorie it is great to see your market area doing well, and I wish we could be saying jobs, jobs, jobs here in CT as well.

Jan 04, 2017 07:24 PM #9
Rainmaker
2,451,988
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Dorie Dillard, great information for buyers and sellers in your area.  Make 2017 ROCK for you!

 

Jan 05, 2017 07:04 AM #10
Rainmaker
2,535,110
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Very nice way to promote your self Dorie Dillard , looks like sales prices are staying strong

Jan 05, 2017 07:28 AM #11
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Rainmaker
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Dorie Dillard

Serving Buyers & Sellers in NW Austin Real Estate
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