November 2016 Canyon Creek Subdivision NW Austin Real Estate Activity

By
Real Estate Agent with Coldwell Banker United Realtors® ~ 512.346.1799
https://activerain.com/droplet/4XTc

November 2016 Canyon Creek Subdivision NW Austin Real Estate Activity

 

I am the “most frequently hired REALTOR® in the Canyon Creek Subdivision.” 

 

November 2016 Real Estate Market Results in Canyon Creek

It’s nearing the end of Fourth Quarter and if you’re wondering if it is the right time to sell or buy a home…  The answer is definitely yes! Austin’s economy continues to swell because of jobs, jobs, jobs. Newcomers seek out the Canyon Creek Subdivision because of its rolling hills topography, broad tree lined streets and excellent schools. Interest rates are moving up and will more than likely continue to move upward throughout 2017, time is of the essence.

 

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 high $600,000’s and includes 2 gated sections offering detached garden/condo home living options.

 

 

Active Listings in Canyon Creek

As of December 2, 2016 there are 5 resale homes in Canyon Creek priced from a low of $435,000 to a high of $629,900.   There is less than a month’s supply of homes thus Canyon Creek enjoys a true seller’s market.

 

Pending Sales in Canyon Creek

As of December 2, 2016 there are 6 homes under contract waiting to close with an average of 59 cumulative days on market.

  

Homes Sales in November 2016

There were 7 closed homes in the Canyon Creek Subdivision in November up 40% from November 2015. Sold homes enjoyed a 99 % List to Sell Ratio and the days on market were down 55% compared to November 2015. The well staged and priced listings that hit the market in October were snatched up and closed in November. Three of the seven listings were mine.

 

Our fall market has been in operating in high gear as the countdown to the end of the holidays is here! We continue to fight low inventory and high demand so if you’re thinking of selling….contact me. Those who are willing to price and stage homes right have an excellent chance to sell.

 

Canyon Creek Real Estate Summary

 

Bottom line: November 2016 home sales in Canyon Creek were up from November 2015, the average sold price in November 2016 increased by 15% and the sold price/square foot was up 17%! Good quality listings came on market in October staged and priced well which produced good offers resulting in higher sales. 2015 was a good year and 2016 looks even better as the race to the end of the year shows more home sales with higher prices!

 

The 6 homes currently under contract show the number of days on market to be longer than homes closed in November. Some sellers finally reduced their list price to entice a buyer to close by the end of the year. The 5 active listings show a higher list price with longer days on market as some sellers “ego” price their homes. Buyers are too savvy to be taken in. We have a seller’s market...not a “stupid” market.

 

Sellers, determining the right price is where I can help you. Handling the demand, offers and dialog with appraisers requires a seasoned professional like me. I have systems and processes in place to obtain fairly the highest and best price for my 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

Meeting these conditions your home has an excellent opportunity to be seen and sold in advance of others in the Canyon Creek Real Estate Market!

 

Homes For Sale in Canyon Creek

 

Please check out a complete list of available Canyon Creek homes:

Search for homes in Canyon Creek

 

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 influence the up or down price in the market dramatically; please consult with me to determine your specific value.

Reach out to me at 512-346-1799 or email at dillard@reloaustin.com for an insightful conversation about the marketability of your home. I offer hands on Professional guidance for all your real estate needs.

A local expert with national connections…..

Check my other posts on the market in Canyon Creek:

 

 

Third quarter 2016

Second quarter 2016

 

Please visit the website I provide for the community: CanyonCreekNews.com.

 

I am your Canyon Creek Community Resource!

 

 

 

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Topic:
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Location:
Texas Travis County Austin
Groups:
All Thing's Texas
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All Real Estate - Today and Tomorrow
Tags:
austin tx
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dorie dillard

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Rainmaker
2,685,057
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Good morning Dorie. Not sure I have ever seen a better report for a community! Enjoy your day and continued success!

Dec 03, 2016 05:32 AM #1
Rainmaker
1,720,601
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Morning Dorie, it is an amazing Canyon Creek market report and real estate is booming consistently.  You share it so well and give the information any seller or buyer needs in NW Austin .

Dec 03, 2016 06:03 AM #2
Rainmaker
2,166,768
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Dorie: Your detailed Canyon Creek market report is a great resource for buyers and sellers in this community.

Dec 03, 2016 06:12 AM #3
Rainmaker
3,447,696
Dorie Dillard
Coldwell Banker United Realtors® ~ 512.346.1799 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Wayne Martin ,

We are a steady Eddie community and I'm thankful to live, work and play here!

Dec 03, 2016 06:48 AM #4
Rainmaker
3,447,696
Dorie Dillard
Coldwell Banker United Realtors® ~ 512.346.1799 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Hi Ginny Gorman : Thank you!

Hi Anita Clark : I appreciate you commenting!

Dec 03, 2016 06:49 AM #5
Rainmaker
2,629,788
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Dorie Dillard, great information for buyers and sellers in your area.  Make it a great day.

Dec 03, 2016 08:44 AM #6
Rainmaker
2,897,358
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Good morning, Dorie --- you continue to provide a comprehensive look at Canyon Creek real estate market underscoring the value you bring to anyone considering a move in this very special community.   Have a great weekend.  

Dec 03, 2016 09:28 AM #7
Rainmaker
4,047,370
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers and sellers in your area will appreciate this report.

Dec 03, 2016 09:45 AM #8
Rainmaker
3,236,073
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Dorie

Great November 2016 real estate market report for Canyon Creek in NW Austin Texas.

Good luck and success.

Lou Ludwig

Dec 03, 2016 07:10 PM #9
Rainmaker
1,727,747
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Great information as always Dorie Dillard ......Austin is a great area to live.

Dec 05, 2016 02:28 PM #10
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Rainmaker
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Dorie Dillard

Serving Buyers & Sellers in NW Austin Real Estate
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