Canyon Creek ~ NW Austin ~ 78726 ~ January 2011 Statistical Report

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Real Estate Agent with Coldwell Banker United Realtors® ~ 512.750.6899

Canyon Creek ~ NW Austin ~ 78726 ~ January 2011 Statistical Report

Home sales in Canyon Creek, a NW Austin premier master planned community are up 200% in January, 2011.   Now keep in mind that last year only one home closed in January and this year 3 closed.  The interesting fact is that all buyers chose single story homes. Traditionally single story homes command a higher price per square foot which held true in these cases. Buyers are gaining access to the community with a lower price and accepting smaller spaces to live in exchange.

report
The total days on market decreased by 85.85% to 15 days.  This is showing a fierce demand for single story homes.  There are currently 10 active homes on the market in Canyon Creek.  The absorption rate is 3.33% which explains it will take 3.33 months for the 10 homes to sell. I'd say it looks like a pretty healthy market for Canyon Creek in comparison to other parts of the country.

I live, work and play in Canyon Creek.  Visit our interactive website we provide for the community: www.canyoncreeknews.com.

If you have any questions regarding these sales or any other real estate related questions, please do not hesitate to contact me at 512-346-1799 or email: dillard@reloaustin.com                                                                                         

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Texas Travis County Austin Canyon Creek
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Ambassador
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Joni Bailey
101 Main St. Realty - Huntsville, TX
Your Huntsville / Lake Livingston Area REALTOR®

A nice way to start off 2011. Here's to selling the other 10 homes in Canyon Creek! Good luck! ☺

Feb 01, 2011 10:57 AM #1
Rainmaker
545,096
Toula Rosebrock
Diane Turton, Realtors, Forked River, NJ - Lacey Township, NJ
Broker/Sales Associate, Realtor, Lacey Township,

Hi Dorie:

Interesting stats...

Wow, I'm surprised with the sq ft price going up!

Feb 01, 2011 12:24 PM #2
Rainmaker
3,874,790
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good evening Joni,

We are off to a good start in 2011. Inventory is going to build as sellers begin to add to the inventory...then the true story will be reveled!

Feb 01, 2011 01:40 PM #3
Rainmaker
3,874,790
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good evening Toula,

The price per sqaure foot for single stories are always higher than the 2 story homes in Canyon Creek. The buyers have been after the entry level price to buy into the community and it means making a sacrifice in square footage.

Feb 01, 2011 01:41 PM #4
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Rainmaker
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Dorie Dillard CRS GRI ABR

Serving Buyers & Sellers in NW Austin Real Estate
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