Home Sales in Canyon Creek for December 2019

By
Real Estate Agent with Coldwell Banker United Realtors® ~ 512.750.6899

 

Home sales for Canyon Creek are in for December 2019. We sold more homes in 2019 than in 2018 but the days on market are way up. Overpriced homes continued to sit,   price reductions were prevalent and some homes finally received offers closing by the end of the year. The fall market was active but the largest hurdle was finding well priced and well staged inventory. Buyers are out still on the hunt and are waiting for new quality listings! Days on market of Active properties in Canyon Creek have topped 137 days. 

Buyers need housing and are anxious to take advantage of the current low interest rates but are looking for well cared and updated properties. Sellers, inventory is down but don't make the mistake of not being able to justify your list price with solid comparable sold sales.

Active Listings in Canyon Creek

As of  January 1, 2019 there are only 2 active resale homes in Canyon Creek out of  1,330+ homes in the community.

Pending Sales in Canyon Creek

As of  January 1, 2020 there are 4 homes under contract. One home going under contract on New Year's eve. Buyers stayed in the market longer this year wanting to buy....... 2020 will be an interesting year so stay tuned.

Homes Sales in December 2019

Three homes closed, up 200% from the one home closed in December 2018. The 3 sold properties were up 10% in sold price. The days on market in December 2019 was up  1283% and sold price/square foot prices were down 10% from December 2018. Our prices are rising on desirable listings. We need sought-after inventory!

A note to sellers in Canyon Creek:

Today’s buyers are knowledgeable with facts in hand and want a home that is well maintained and priced to current market sales. 

2019 has been another record year for home values in Canyon Creek. Values are increasing but the number of homes sold are decreasing. In 2018 there were 79 homes closed. I will soon report on the Fourth Quarter and Yearly sales for 2019.

Talk of more jobs coming to Austin translates to more folks headed our way! I've been listening to local economists and their predictions for 2020. As long as jobs keep coming this way they see extra innings in our bullish market in Austin.

If you’re considering listing your home the spring market is just around the corner and you need to partner with me 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've been a neighborhood specialist and actively involved in the market with first-hand knowledge of inventory fluctuations and home values in our community. 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! Give me a call or drop me a line and we can discuss. Melissa Stout is my daughter and grew up in NW Austin. She can help you too!

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Topic:
Real Estate Market Trends
Location:
Texas Travis County Austin
Groups:
Texas Real Estate
Market Reports
All Real Estate - Today and Tomorrow
Hyper-Local
2019 Market Reports
Tags:
78726
canyon creek community
master planned community in nw austin
2019 december home sales

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Rainmaker
3,279,201
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Dorie... same here, houses that are overpriced sit on the market. Lack of inventory is making buyers stupid.

Jan 02, 2020 01:46 PM #1
Rainmaker
2,030,812
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Dorie -  I would say the Westchester is not as hot but our Realtors say the same thing about overpiced houses that are not updated.

Jan 02, 2020 03:05 PM #2
Rainmaker
3,283,929
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Dorie and great information for buyers and sellers and also us here in the Rain.  Miss you!

 

Jan 02, 2020 04:56 PM #3
Ambassador
4,016,325
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Dorie- great market report and loved how you offered some explanation and not just the numbers!

Jan 02, 2020 05:14 PM #4
Rainmaker
3,039,650
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Dorie.

The one that caught my attention was the DOM.  That is a significant increase. 

Jan 03, 2020 01:37 AM #5
Rainmaker
3,477,993
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Dorie - your Canyon Creek real estate update is a reality check for prospective buyers and sellers delivered by you who knows the neighborhood extensively.  That local expertise matters.  A lot.  

Jan 03, 2020 05:50 AM #6
Ambassador
3,890,768
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Dorie great job on the graphics, they make the market report easier to understand.

Jan 03, 2020 12:13 PM #7
Rainmaker
2,633,983
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Home buyers and sellers in Canyon Creek are likely to find this real estate market data valuable, Dorie.

Jan 03, 2020 03:11 PM #8
Rainmaker
1,745,229
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

this is such a great presentation - No wonder that you are the go to Realtor for Canyon Creek! 

Jan 03, 2020 07:20 PM #9
Rainer
521,175
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Sally

 

Jan 07, 2020 12:49 AM #10
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Rainmaker
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Dorie Dillard CRS GRI ABR

Serving Buyers & Sellers in NW Austin Real Estate
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