Senna Hills is starting to look like what a neighborhood should look like in today's market!! I think the sellers of Senna Hills in Austin TX are finally getting it! In January, I wrote a Market Report for Senna Hills for a summary of 2010. The basics of that report was that sellers were selling at a lower sales price percentage the shorter time their house was on the market. I thought that was backwards.
We are now almost halfway through 2011 and it looks like things are turning around in Senna Hills. There have been 11 properties that have closed, but there are also 8 properties that are currently under contract waiting to close. That's 19 "sales" in under 6 months. There were only 24 sales for the entire year of 2010.
Here is a chart showing the sales. As before, the listings on the far left are Active. The listings in the middle where the green bars dip back down are Pending, and when you see the red bars, those are the Solds.
Yes, you see some high Days on the Market numbers, but you are also seeing some that aren't taking very long at all. Below, you'll see that, whereas last year was backwards, we're now looking correct for List price to Sales price ratios. The shorter time on the market is yielding a higher percentage of asking price.
Congrats, Senna Hills Home Owners! You've been reading my information and made some corrections! I'm so proud of you! Now, if only all your neighbors in Senna Hills Austin TX would remain realistic from here on out...
**Are You Packed Yet?**
Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com
Austin TX Real Estate
and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way.
For real time Austin TX listings, click here.
** Multi-Million Dollar Producer Year after Year **
Copyright© 2011 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
* Senna Hills Homes for Sale - Austin TX - Market Report * was first published on donnahomesblog.com.
Comments(3)