How homes sold in NW Austin Canyon Creek Community Third Quarter 2017

By
Real Estate Agent with Coldwell Banker United Realtors® ~ 512.346.1799

How did homes sell in NW Austin Canyon Creek Subdivision in Third Quarter 2017?

I’m proud to say I’m the “most frequently hired agent in the Canyon Creek Subdivision.”

Check out Canyon Creek area single family homes sold in the Third Quarter of 2017 compared to 2016. The numbers are in and homes sold with positive appreciation. 2017 Third Quarter shows an increase in number of homes sales (by one) but a decrease in sales price (because smaller homes sold).

 

The number of home sales in the Third Quarter increased by 5% compared to Third Quarter of 2016. The average sold price decreased 9%, and the average/square footage price increased by 10%. Homes sold in 2017 were smaller by 17%. The price/square foot usually trends upward as square footage decreases.

 

I’m doing what I always do and that is to follow the 3 “A’s”: Anticipate, Adapt and Adjust as we move into a more balanced market. We are moving from a sizzling housing market to a more controlled market. Keeping perspective is the key… it’s not all bad to embrace these cooler indicators. Third quarter in Canyon Creek showed buyers purchasing smaller homes which translated to lower sold prices but higher price/SF.

Current inventory is staying on the market longer as buyers resist continued increase in prices. Sellers, it’s important to be realistic about your pricing and understand you have to travel further to meet the expectations of the buyers!

Presenting your home in its best light coupled with listing at market price is the key to going from Active to Sold.

 

Homes Sold

 

As of Oct 1, 1 2017 there are 17 active homes on the market in Canyon Creek with average days on market of 74 days. There are 5 pending homes on the market with average days on market of 41 days.

 

Third Quarter 2017 data about homes sales in Canyon Creek:

- Closed 5% more homes

- There are currently 5 Pending Homes for Sale

- Inventory is 2 months +

- Average Sold price is down 9%

- Average Sold price/per square foot is up 10%   

- Days on market down 17 % but active homes are taking longer to sell

- Average list to sell ratio - 98% - is the same (taken from last list price)

- Now is the time to buy or sell

 

All sold information is derived from the Austin MLS system.  If any Canyon Creek area homes traded hands without a REALTOR® involved; then it won't be reflected in this report.

This 2017 Third Quarter Canyon Creek Market Report is provided for general information only and does NOT replace a comprehensive market analysis.  This report is informational, to obtain specific advice and counsel on your home contact me to review your personal residence at 512-346-1799.

 

If you’re considering selling your home allow me to partner with you in determining the right price. Handling the demand, offers and dialog with appraisers requires a seasoned professional like me with systems and processes in place.

 

As a Canyon Creek resident since 1994 I know the intricacies of our community and our hyper-local real estate market. I strive for procuring the maximum dollar for your home in any market. You need a full service real estate agent who has a long-standing history of doing just that!

   

I promise an insightful conversation about the marketability of your home plus a counseling session covering cost saving ideas for staging your home for market. I offer hands-on Professional guidance for all your real estate needs.

 

A local expert with international connections…..

 

 

Second Quarter Market Report   

First Quarter Market Report  

 

 

 

 

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Dorie Dillard is the most frequently hired REALTOR® in the Canyon Creek Subdivision.    “YOUR PERFECT PARTNER”

 

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2017 Market Trend Reports
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Tags:
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Rainmaker
1,340,625
Lise Howe
Long and Foster - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

Thanks for keeping us up to date on the market in Canyon Creek! Have a great weekend

Oct 11, 2017 04:11 AM #1
Rainmaker
3,782,527
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Dorie.  Anyone with an interest in new homes in Canyon Creek needs to give you a call.

Oct 11, 2017 05:02 AM #2
Rainmaker
2,490,391
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce - Short Sale

Staying focused on what IS and not what was is a part of being successful she sang to the choir !

Oct 11, 2017 05:18 AM #3
Rainmaker
2,339,715
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

It is a great title to have as having sold the most homes in the community Dorie Dillard . have a good day, i am heading out early today for early showings

Oct 11, 2017 05:34 AM #4
Rainmaker
3,816,090
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

Good morning, Dorie Dillard and I think it's common knowledge NOW that Dorie Dillard has the majority of the Canyon Creek market.... and sells the most in that community..... why would anyone else bother going up against you.... you get results...

Oct 11, 2017 05:45 AM #5
Rainmaker
4,113,800
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families on the move will appreciate your local real estate market reports.

Oct 11, 2017 06:24 AM #6
Rainmaker
2,691,364
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Good morning, Dorie -- I agree with head cheerleader Barbara Todaro --- even though there is a choice why would anyone choose anyone but you when it comes to their Canyon Creek real estate representation?

Oct 11, 2017 06:53 AM #7
Rainmaker
668,539
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

HI Dorie Dillard - Great analysis of your NW Austin Canyon Creek community market. Applying the "3 A's" is another reason you are the most frequently hired agent in the Canyon Creek sub-division. 

Oct 11, 2017 07:23 AM #8
Ambassador
3,204,092
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Dorie great job on the market report.  You guys are in a hot market, and I hope we can be there as well soon.

Oct 11, 2017 08:43 AM #9
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Rainmaker
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Dorie Dillard

Serving Buyers & Sellers in NW Austin Real Estate
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