Home sales for Canyon Creek are in for June 2019. If you’re wondering if it is the right time to sell or buy a home…the answer is definitely yes! There is only one home on the market in Canyon Creek (FYI: I do have two coming on the market in the next few weeks). The real estate summer market continues strong after a hot, hot spring market! Buyers are waiting for new listings as many have not found a home yet. Listings hitting the market priced and staged right are receiving offers quickly and many homes are receiving multiple offers. It's a seller’s market!!
Active Listings in Canyon Creek
As of June 30, 2019 there is only 1 Active resale home in Canyon Creek! You heard me right…. There are 1,330+ homes in the community so inventory is almost non-existent! This one active listing is priced at $579,000 and came back on market after not selling last year. It’s been on the market 6 days.
Pending Sales in Canyon Creek
As of June 30, 2019 there are 11 Contract Pending homes. With 1 Active and 11 Contract Pending homes now is the time to list your home! The average days on market for these 11 homes are 13 days! We need inventory for buyers looking….sellers are you listening?
Homes Sales in June 2019
As of June 30, 2019 in Canyon Creek, 11 homes closed, up 10% from June 2018. The 11 sold properties were about the same square footage sold in 2018. Buyers were attracted to well-appointed homes with quality upgrades and weren’t afraid to fight for them. The days on market in June were up 24% compared to 2018 but one home skewed the numbers because it was on for 267 days! Buyers….if you snooze you’ll lose in this market!
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 clamoring to secure a property with the lower interest rates. 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 process 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 producing results!
Canyon Creek Real Estate Summary:
Bottom line June 2019 Canyon Creek Homes sales:
- Number of homes sold increased by 10%
- List price negligible change
- Sold price negligible change
- List price per square foot negligible change
- Sold price per square foot negligible change
- Number of days on market increased by 24%
- Average square footage negligible change
Please note: More homes are selling with stabilized prices which is good for buyers.
We are into the summer market which generally isn’t as active as our spring market but with 140+ people moving a day to Austin new residents need a place to call home and our market is continuing at a strong pace.
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 keenly follows neighborhood trends and market dynamics.
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.