2019 Canyon Creek Fourth Quarter Market Report

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

 

Canyon Creek,  Austin TX 78726 is one of the most desired communities in NW Austin. It’s located just off the outer loop of Hwy 620 between Anderson Mill Road and Hwy 2222.

It’s a prestigious master planned neighborhood with 1,330+ homes of really nice people. You’ll find it contains two parks, a Junior Olympic pool, lighted tennis courts, a new community center, nature trails, top notch public schools, close proximity to our lakes and extensive entertainment and dining options. Canyon Creek homes range from the mid $300,000’s to the high $600,000’s and includes 2 gated sections offering detached garden/condo home living options; The Villas at Canyon Creek and The Enclave plus Canyon Creek West a David Weekly built community of 47 homes.

Filled with stunning homes, a meticulously landscaped entrance and perfect location, Canyon Creek draws buyers from all across the country. Canyon Creek residents are assigned to the highly accredited Round Rock School District with the exemplary Canyon Creek Elementary located in the middle of the community. Annual HOA dues are currently $440 per year and covers maintenance of the main entrance and entrance into each section, open space, pool, community center and tennis courts. The property tax rate is 2.309 per $100 evaluation.

Here is the Canyon Creek report for Fourth Quarter for 2019

The number of home sales in the Fourth Quarter decreased by 11% compared to Fourth Quarter of 2018. The average sold price increased by 9%. Buyers purchased the same size home with a decrease of 49% on days on market.  

Homes Sold 

On December 31, 2019, 2 Active and 4 Contract Pending homes were listed in the Austin MLS. According to the SOLD data in the Austin MLS there were 11% fewer homes sold in 2019 but the average sold price was up 9% on homes with similar square footage, with the average days on market of 35 days.

Fourth Quarter of 2019 shows distinctly another record for home values in Canyon Creek. Values are increasing but the number of homes sold are decreasing. If you’ve been thinking now is the time to sell you are right! Buyers have anxiously been waiting for new listings and before interest rates go up and they are out buying!

All sold information is derived from the Austin MLS system.  If any Canyon Creek area homes traded hands without a REALTOR® involved; then it won't be reflected in this report. 

This 2019 Fourth Quarter Canyon Creek Market Report is provided for general information only and does NOT replace a comprehensive market analysis.  This report is informational, to obtain specific advice and counsel on your home contact me to review your personal residence at 512-750-6899 or my daughter Melissa Stout at 512-554-6656. 

The Austin market is slated to keep on setting records....Texas is on a roll and not stopping anytime soon. With 140+ residents moving to Austin a day the quest for housing continues at a ferocious pace. 

Have you identified your short and long term housing needs? Are you getting left behind? Decision time is now. If you’re considering selling your home allow me to partner with you in determining the right price. Handling the demand, offers and dialog with appraisers requires a seasoned professional like me 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. I strive for procuring the maximum dollar for your home in any market. You need a full service real estate agent who has a long-standing history of doing just that!   

I promise an insightful conversation about the marketability of your home plus a counseling session covering cost saving ideas for staging your home for market. I offer hands-on Professional guidance for all your real estate needs. 

A local expert with international connections…..

Search NW Austin and Canyon Creek Homes

 

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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
2019 Market Reports
Tags:
78726
master planned community in nw austin
fourth quarter sales canyon creek nw austin

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Ambassador
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Dorie you are the Canyon Creek expert, and Buyers and Sellers would be well advised to contact you first.

Jan 03, 2020 12:14 PM #1
Rainmaker
2,030,812
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Dorie Dillard CRS GRI ABR - the quarter paints a much better picture than just December.  Onward and upward in your Canyon Creek market.

Jan 03, 2020 02:10 PM #2
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 03:09 PM #3
Rainmaker
1,745,229
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

This information about Canyon Creek will help buyers and sellers alike - Have a great week

Jan 03, 2020 07:19 PM #4
Rainmaker
3,039,725
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Dorie

The two that caught my attention was the price and DOM.  Good news for those who are thinking about selling, don't you think?

Jan 04, 2020 02:38 AM #5
Rainmaker
3,420,515
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Dorie. Home buyers and sellers in Canyon Creek can accomplish their goals quickly if they contact you. Enjoy your day!

Jan 04, 2020 05:03 AM #6
Rainer
296,000
Nicholas Crane
Woodland Companies - Cadott, WI
Managing & Appraising Forest Land

Thanks for sharing the information on this community, I hope you sell many of these properties. 

Nick  🏡

 

Jan 08, 2020 12:26 AM #7
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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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