April 2019 Home Sales in Canyon Creek
Home sales in Canyon Creek are in for April 2019. If you're wondering if it's the right time to sell or buy a home...the answer is definitely yes! There is less than 1 months supply of inventory in Canyon Creek. Its the spring market and the real estate market is hot..hot..hot! Buyers are waiting for new listings to hit the market and if priced and staged right buyers are quickly making offers and often homes are receiving multiple offers. It's a sellers market!
Active Listings in Canyon Creek
As of April 30, 2019 there are only 3 Active resale homes in Canyon Creek! You heard me right…. There are 1,330+ homes in the community so inventory is a tiny fraction of homes! They are priced from a low of $462,900 to a high of $582,000 with average cumulative days on market of 24 days.
Pending Sales in Canyon Creek
As of April 30 2019 there are 14 Contract Pending homes. With 3 Active and 14 Contract Pending homes now is the time to list your home! The average days on market for these 14 homes is 30 days! We need inventory for buyers looking….sellers are you listening?
Homes Sales in April 2019
As of April 30, 2019 in Canyon Creek, 8 homes closed, down from April 2018 by 20%. The 8 sold properties were 8% larger in size than in 2018. Well appointed homes with quality upgrades peaked buyers interest and they weren’t afraid to fight for them. The days on market in April were down 95% compared to 2018. How quickly the market can change and it definitely has..buyers….if you snooze you’ll lose!
A note to sellers in Canyon Creek:
Today’s buyers are savvy about current home values and available inventory but need a home. They are concerned about rising interest rates so are trying to secure a home before another round of interest rate increases. If you’re considering selling allow me to partner with you in determining the right price. Handling the demand, offers and dialog with appraisers requires a seasoned professional with systems and processes in place.
As a Canyon Creek resident since 1994 I know the intricacies of our community and our hyper-local real estate market. Procuring the maximum dollar for your home is always my goal. You need a full service real estate agent who has a long-standing history of doing just that!
Canyon Creek Real Estate Summary:
Bottom line April 2019 Canyon Creek Homes sales:
Number of homes sold decreased by 20%
List price up 11%
Sold price increased by 11%
List price per square foot up 3%
Sold price per square foot increased by 3%
Number of days on market decreased by 95%
Average square footage increased by 8%
Please note: In April 2019, larger homes closed, the average price went up and so did the average price/square foot!!
We are full into the spring market! Are you considering selling in the near future? Are you curious about your home’s value or how to prioritize updates/repairs before selling? Let’s have a no pressure conversation to discuss your home/situation. It makes a difference when the agent you hire lives in the community and has followed home trends and market dynamics for the past 25 years.
Hiring the right Canyon Creek Realtor® is critical in your home selling success.
All data is derived from the Austin MLS System. If any Canyon Creek home traded hands without a REALTOR® involved, 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.