2016 Canyon Creek Subdivision Real Estate Market Overview Austin TX
Dorie Dillard is: The “most frequently hired agent in the Canyon Creek Subdivision.” I offer hands-on Professional guidance for all your real estate needs.
Canyon Creek is one of the most desired communities in NW Austin. It’s a prestigious master planned neighborhood 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 homes range from the mid $300,000’s to the high $600,000’s and includes 2 gated sections offering detached garden/condo home living options; The Villas at Canyon Creek and The Enclave.
As of January 1, 2017, the inventory in Canyon Creek showed only 4 resale homes on the market and 3 pending properties. There is less than a month’s inventory thus Canyon Creek enjoys a true seller’s market. If you are thinking of selling in Canyon Creek it is an excellent time!
The numbers are in and Canyon Creek enjoyed modest increases. The number of homes sold increased by 5%. The average Sold Price increased by 7% (not like in 2014 when Sold Prices increased 14% and 2015 when we witnessed a faltering of Sold Prices as they decreased by 3%). These figures include ALL properties including the gated sections of the Villas at Canyon Creek and The Enclave.
Inventory remains low but buyers demand a good value for their money. Canyon Creek is the “Steady Eddie” of subdivisions enjoying good solid appreciation. Buyers are resisting “ego” pricing by sellers. With rising interest rates buyers have to be selective as they can’t afford as much house now. Canyon Creek is a seller’s market but not a “stupid” market.
This Canyon Creek 2016 End of Year Market Report is provided for general information only and does NOT replace a comprehensive market analysis. The price of homes and amenities can range dramatically. Please contact Dorie for a free market analysis to determine your specific home’s value.
As always, 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
Meet those conditions and your home has a very good opportunity to be seen and sold in the Canyon Creek Real Estate Market!
Check out these recent sold properties by Dorie Dillard in Canyon Creek:
Sellers, if you want to gain the advantage in selling your Canyon Creek home employ the services of Dorie Dillard. I am a known and trusted source for all your community needs. I would appreciate the opportunity to earn your business and exceed your expectations. Reach out to me at 512-346-1799 or dillard@reloaustin.com for a free market evaluation on your home. I offer you hands on Professional guidance for all your real estate needs.
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