How did Canyon Creek home sales NW Austin Perform 3rd Quarter 2015?
Check out the Canyon Creek area single family homes comparison of sold homes in the Third quarter of 2015 to 2014.
Third Quarter 2015 market performances have been very good, with average days to offer of 24 days, a 17% decrease from 2014. 50% more homes closed than 2014. The average sales to list price ratio was 98.7%...slightly higher than 2014. The average sold price increased by a more palatable number of 3.9% for buyers compared to 24% in 2014!
As of October 1, 2015 17 active homes are on the market in Canyon Creek which translates into two + month’s inventory. There are 3 homes under contract and waiting to close. Homes that are selling the quickest have several characteristics in common...they are well maintained, reasonably updated, clean/uncluttered, and priced according to the current market conditions. It is a seller’s market in Canyon Creek, however it’s operating with a more controlled pace. Inventory continues to build for the fall market demand.
Canyon Creek Sold Homes 2014 versus 2015
What does the data tell us about homes sales in Canyon Creek?
- Third Quarter 2015 closed 50% more homes
- There are 3 homes under contract waiting to close
- Inventory is building for the fall market
- Average Sold price is up 3.9%
- Average Sold Price/Square Foot is up 1.6%
- Days on market decreased 17%
- Average list to sell ratio is slightly higher 98.7%
- 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 2015 Third 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 and am "the most frequesntly hired REALOR in 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 community website we provide: www.canyoncreeknews.com
Canyon Creek August 2015 Report
The property information herein is derived from various sources that may not be limited to county records and the Multiple Listing Service and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Not intended as a solicitation if your property is already listed by another broker. Real estate agents affiliated with Coldwell Banker United, REALTORS® are independent contractor agents and are not employees of the Company. ©2015 Coldwell Banker Real Estate LLC. Coldwell Banker is a registered service mark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Operated by a subsidiary of NRT LLC.
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