December 2015 Canyon Creek Subdivision NW Austin Real Estate Activity
I am the “most frequently hired REALTOR® in the Canyon Creek Subdivision.” I offer hands-on Professional guidance for all your real estate needs.
December 2015 Real Estate Market Results in Canyon Creek
Are you wondering if it is the right time to sell or buy a home? This report reviews the current market conditions and expectations as we begin the first quarter of 2016.
Canyon Creek is one of the most desired neighborhoods in NW Austin. It’s a prestigious master planned community that boasts several parks, a Junior Olympic pool, tennis courts, nature trails, top notch public schools, close proximity to our lakes, extensive entertainment and dining options. Canyon Creek offers homes from the mid $300,000’s to the mid $600,000’s and includes 2 gated sections offering detached garden/condo home living options.
Active Listings in Canyon Creek
As of January 3, 2016 there are 7 resale homes in Canyon Creek priced from a low of $325,000 to a high of $565,000. There is a 1.5 month’s supply of homes thus Canyon Creek enjoys a seller’s market. If you are thinking of selling in Canyon Creek now is an excellent time to list your home for buyers needing to be in for the holidays.
Pending Sales in Canyon Creek
As of January 3, 2016 there are currently 5 homes under contract waiting to close. Buyers who made offers in December will be closing in January or February, 2016. Offers were made and deals struck for buyers who were ready, willing and able to purchase at the end of 2015 and take advantage of some properties that had been languishing on market.
Homes Sales in December 2015
There were 6 closed resale homes in the Canyon Creek Subdivision in December – a 100% increase over December 2014. These homes enjoyed a 98.24 % List to sell ratio (same as in 2014). Is the market slowing in Canyon Creek? No, in December buyer’s made offers taking advantage of end of year’s sales before interest rates increased.
Canyon Creek Real Estate Summary
Bottom line: December 2015 home sales in Canyon Creek increased by 100% over December 2014. However days on market increased by 108%. The average list and sold price in 2015 increased by 12%. The 5 homes under contract show an increase of days on market (83 days). Buyers took longer in their decision making process to formulate offers.
Determining the right price is where I can help you. Handling the demand, offers and dialogue with appraisers requires a seasoned professional like me with systems and processes in place to obtain fairly the highest and best price for sellers. As a Canyon Creek resident since 1994 I know the intricacies of our community and our hyper-local real estate market. I have many listings coming on market and am carefully preparing them to meet the expectations of the buyers.
Homes in Canyon Creek Subdivision in NW Austin, TX that are selling the quickest have several characteristics in common:
· They are well maintained
· Reasonably updated
· Clean and uncluttered
· Priced according to the current market conditions
Meet those conditions and your home has an excellent opportunity to be seen and sold in the Canyon Creek Real Estate Market!
Homes For Sale in Canyon Creek
Please check out a complete list of available Canyon Creek homes:
All data is derived from the Austin MLS System. If any Canyon Creek home traded hands without a REALTOR involved, then it won’t be reflected in this report.
This market report is for general information only and does NOT replace a comprehensive market analysis. Each home and its amenities can range dramatically; please consult with me to determine your specific values. Put my expertise to work for you, call me at 512-346-1799 for a free comparable market analysis on your home.
Check my other posts on the market in Canyon Creek:
Please visit the website we provide for the community: CanyonCreekNews.com.
I am your Canyon Creek Resource!