CANYON CREEK’S home prices pushed to new boundaries as buyer demand continues to surge in our summer market. There is not a better time to buy! There are more credit-worthy buyers because they are equity and savings rich and can take advantage of low interest rates.
More hopeful buyers are accelerating their home buying timelines. Building equity is more important as most consumers want to swap volatile monthly rents with steady monthly mortgage payments.
We are now experiencing more truth in the market with new sold comparable prices justifying the escalating prices. Homes are appraising closer to or at sold prices as we move into Third Quarter 2021.
Canyon Creek Second Quarter 2021
There are 3 Active homes found on June 30, 2021 (out of 1,330+ homes) and 13 Contract Pending homes.
Homes Sold
Home Sales increased 43%
SOLD prices up 47%
SOLD Price/Square Foot up 53%
Our homes are appreciating quickly; sold comparable data more than a month old is not relevant. There is less than a month of inventory. Pending properties now give us an indicator of what the traffic will bear and level of buyer's appetite. Expect our market to continue the trajectory we experienced in First Quarter 2021.
All Sold Information is derived from the Austin MLS system. If any Canyon Creek area home traded hands without a Realtor® involved; then it won't be reflected in this report.
Thinking of selling or making a move? There is no better time to sell! If you want to grab top dollar for your home Let’s talk. Even in this market there is a strategy and method to selling. We can help you over the hurdles with no stress, just candid, reliable advice.
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