As a former resident of Steeds Crossing, and a current resident of nearby Blackhawk, I typically try to keep an eye on the property values in the area.  When I was first licensed in real estate almost 12 years ago, my business partner and I walked the neighborhood in order to meet my neighbors and to try to drum up some business.  We did it both when it was so cold that our noses were running, and when it was so hot that I still can't believe I wore a tie back then.  I guess I am just saying that Steeds Crossing will always hold a special place in my heart. 

Currently, there are 4 homes available on the MLS in Steeds Crossing, with an average asking price of $140,450.  The average square footage for these homes is 1,668, for an average price per square foot of $84.20. 

There are 3 homes under contract right now in Steeds, with an average price of $132,666.  The average square footage on these homes is 1,621, yielding an average square footage price of $81.84.

Over the past six months, there were 8 sales closed within Steeds Crossing.  The average listing price was $132,061 and the average sales price was $131,594.  This means that homes sold for  99.64% of the list price.  The average number of days on the market was just 29 days , which is less than half of the average for the Austin market right now.  The square footage of the homes sold averaged 1,702, and the price per square foot for the sales was $78.

In other area news:

Located at the intersection of the toll roads (45 and 130), Stone Hill Town Center is slated to open within a few months, and it promises over 1,000,000 square feet of shopping and entertainment.  Home Depot, Best Buy, Chili's, several retail clothing stores, a large Cinemark theater, and a fitness center are among the anticipated tenants.

Here is a link to the developer's map, showing the stores and restaurants committed to open there:

http://www.newquestproperties.com/property_retail/property/Stone%20Hill%20Town%20Center/SitePlan/pfu5-07.pdf

If you are a consumer living in another neighborhood in or near Austin and you are interested in seeing the trends in your particular neighborhood, please don't hesitate to contact me, and I can create a custom report for you.  All of my contact information is below.

If you are considering selling your home in Steeds Crossing (or anywhere in the general Austin or Pflugerville area), please feel free to give me a call.  I would love the opportunity to help you get it sold quickly.  You can visit my primary Austin Texas real estate website at www.austintexashomes.com.  You can also reach me anytime on my cell phone at 512-796-7653 or via email at jason@austintexashomes.com. 

Thanks for checking out this brief analysis!