Check out Canyon Creek area single family homes sold in the fourth quarter of 2013 and 2014. The good news is the average sold price was up 10% with the average sold price/SF up 8%.
Fourth Quarter 2014 closed the same number of homes as 2013. There has been a 27% increase in days on market to 48 days and the average sales to list price ratio is 97.6% (Less than a 1% change from last year).
As of January 1, 2015 there is 1 active home on the market in Canyon Creek which translates into less than one month’s inventory. There are 4 pending homes on the market and one is a short sale property, uncommon for Canyon Creek. The rush to buy from spring ebbed due to an alarming increase in the price per square foot. It is a seller’s market but the Canyon Creek Real Estate market is operating with a slower more controlled pace.
Canyon Creek Solds 2013-2014
What does the data tell us about homes sales in Canyon Creek?
- Fourth Quarter 2014 closed the same number of homes as 2013
- 4 current Pending Homes
- Inventory is low
- Average Sold price is up 10%
- Days on market increased 27%
- Average list to sell ratio is 97.6%
- Interest rates are still at record lows and buyers want to buy but not at inflated prices..they are looking for updated quality listings
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 2014 Fourth 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 needs at 512-346-1799.
1. If you’re a buyer, apply with a lender for pre-approval and be ready to make an offer on a home that comes on market. Call, I can be of help!
2. If you’re a seller and want to gain the advantage in selling your Canyon Creek home, contact me for a free market analysis and counseling session on the best cost saving ideas to implement staging your home for market.
I am a known and trusted source for all our community needs. I would appreciate the opportunity to earn your business and exceed your expectations. I offer you hands on Professional guidance for all your real estate needs.
Dorie Dillard is the “most frequently hired Realtor® in the Canyon Creek Subdivision.”
To keep abreast of home sales, please watch for future quarterly reports for home sales in Canyon Creek or visit me on the interactive community website we provide at: www.canyoncreeknews.com
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