November 2021 Home Sales in Canyon Creek Austin TX

By
Real Estate Agent with Coldwell Banker Realty ~ 512.750.6899

Just like the majority of Austin, CANYON CREEK’S incline in home price is not as steep as in the spring, but inventory is low and homes are selling! There are only 3 Active listings on the market in Canyon Creek at this time (all three over priced homes have been on the market an average of 69 days and have making price adjustments)! The future looks bright in 2022 Austin Real Estate, especially with the announcement Tesla is making Austin its headquarters.

   

November Home Sales are down 60% over 2020 November Sales. We are still undergoing low inventory (slightly more than spring) and plenty of buyer demand even with the holidays upon us.

Buyers have more options in certain communities, and the market feels fluid with buyers having more time to decide to make an offer rather than in hours like last spring. However, if you’re on the fence about making a purchase, my advice is to move forward and secure a home because all signs point to another fast, paced selling market in the spring of 2022.

The average sold price in Canyon Creek is up 28% compared with last November and days on market is up 25%. The sold price per square foot is up 37%. There are plenty of comparable sold properties to support the values of new listings. Sellers pricing according to market price are finding their homes under contract with one or more offers (depending on the community) and taking a week or so to go under contract (nothing wrong with that!).

Austin and Canyon Creek real estate has been undervalued for years. Real Estate Sales came out of COVID stronger than expected with a market pressed for inventory. It will take several years to catch up. 

ACTIVE LISTINGS:

THREE homes for sale out of 1,300+ homes  

PENDING LISTINGS:

FIVE homes Under Contract  

SOLD LISTINGS:

FOUR homes SOLD

We have less than a month’s inventory of homes folks and buyers are looking for fresh, well presented properties!

Canyon Creek is a phenomenal master planned community, and we are fortunate to have a strong HOA Board committed to making a difference in holding our community to high standards.

Thinking of selling or making a move in 2022? Reach out for a low-pressure conversation about your home value and some easy projects to maximize your value prior to marketing your home.  Let’s see how we can help YOU!

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Comments (10)

Bill Salvatore - YVP Blog
Arizona Elite Properties - Chandler, AZ
Realtor - Valley of the Sun / golfArizona@cox.net

Austin continues to excell

Thanks for the share, have a great weekend. Bill 

Dec 03, 2021 06:13 AM
Dorie Dillard Austin TX

Thank you Bill Salvatore - YVP Blog for stopping by!

Dec 03, 2021 12:12 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Dorie,

And your market is similar to many around the country.  Happy to hear that there lots of jobs in Austin.  A

Dec 03, 2021 06:38 AM
Dorie Dillard Austin TX

Hi Ron and Alexandra Seigel ,


There are plenty of jobs and new ones on the horizon in Austin just not near enough housing!

Dec 03, 2021 12:12 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Dorie - like Charlotte the attraction of companies to Austin is stretching available housing to the limit.

Dec 03, 2021 06:41 AM
Dorie Dillard Austin TX

You are so right Grant Schneider 

Dec 03, 2021 12:13 PM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Dorie,
I'm sort of speechless over those statistics. All I can say is if I was moving to Austin, I'd want YOU working for me to find a home. I love that I've been to Austin and can visualize the area now.

Dec 03, 2021 06:49 AM
Dorie Dillard Austin TX

Hi Carol Williams ,


In this market you need a strong agent and can't even consider going it alone. I'm so glad you have been to Austin and can now see what the hype is moving to Austin and all that it offers.

Dec 03, 2021 12:14 PM
Eric Bouler
Gardner Realtors, Licensed in La. - New Orleans, LA
Listening to your Needs

Your area looks so great and the blog tells us more. Have a great month...

Dec 03, 2021 08:15 AM
Dorie Dillard Austin TX

Thanks Eric Bouler for stopping by!

Dec 03, 2021 12:15 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Canyon Creek home buyers and sellers are sure to value your real estate market report, Dorie.

Dec 03, 2021 01:47 PM
Dorie Dillard Austin TX

Thank you Myrl Jeffcoat !

Dec 03, 2021 05:26 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Dorie great simple and to the point market report.  Great job as always.

Dec 03, 2021 02:35 PM
Dorie Dillard Austin TX

I appreciate your kind words George Souto !

Dec 03, 2021 05:27 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will love your outstanding local community reports.

Dec 04, 2021 10:15 AM
Dorie Dillard Austin TX

Thank you Roy Kelley 

Dec 08, 2021 10:06 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Dorie:

This is an excellent overview of the Canyon Creek housing market that buyers and sellers will no doubt appreciate. Looks like a lot of the same issues we are facing, as are plenty of other markets around the country.

Jeff

Dec 04, 2021 04:38 PM
Dorie Dillard Austin TX

You are right Jeff Dowler, CRS many markets across the country are like our market.

Dec 08, 2021 10:07 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Hey there Dorie! You are sure keeping that market moving fast

Dec 06, 2021 09:58 AM