Austin Texas Real Estate Blog

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Fairways of Blackhawk - Pflugerville Texas - Brief Market Analysis for 2008

 

As a six-year resident of the Blackhawk area and a 13-year resident of Pflugerville, I like to keep an eye on the market values here in the area.  When the toll roads opened two years ago, the prices started trending upward and they have continued to appreciate overall, although more slowly right now, with some tough economic factors at play.  As a fellow homeowner in Blackhawk, this stuff is important to me, too!

Currently, there are 14 resale homes available on the MLS in the Fairways, with an average asking price of $239,303.  The average square footage for these homes is 2,750, for an average price per square foot of $89.10.  

Over the past calendar year (January 1st through today), there were 19 sales closed within the Fairways of Blackhawk.  The average listing price for these sold homes was $243,102 and the average sales price was $231,955, which means that homes sold for 95.4% of the asking price.  This does not account for any seller-paid closing costs on behalf of the buyer.  Average square footage for sold homes was 2,703, for an average price per square foot of $86.31.

 

In other area news:

 

Located at the southwest corner of the intersection of the aforementioned toll roads (45 and 130), Stone Hill Town Center is slated to open within a few months, and it promises over 1,000,000 square feet of shopping and entertainment.  Home Depot, Verizon Wireless, and Mattress Firm are now open, soon to be followed by Best Buy, Super Target, Chili's, several retail clothing stores, a large Cinemark theater, 24-Hour Fitness, and much more. 

The Target and Best Buy stores are slated to open in February 2009.

To read more details about this center and to see a list of stores and restaurants, check out my recent article here:

Stone Hill Town Center - Pflugerville, Texas Shopping - UPDATE!

If you would like to see the proposed layout, you can visit the developer's website and see the site plan here:

http://www.newquestproperties.com/property_retail/property/Stone%20Hill%20Town%20Center/SitePlan/pfu5-07.pdf

If you are a consumer living in another area around Austin and you are interested in seeing the trends in your particular neighborhood, please don't hesitate to contact me, and I can create a custom report for you.  All of my contact information is below. 

If you are considering selling your home in the Fairways of Blackhawk (or anywhere in the general Austin area), please feel free to give me a call.  I would love the opportunity to help you get it sold quickly.  You can visit my primary Austin real estate website at www.austintexashomes.com.  You can also reach me anytime on my cell phone at 512-796-7653 or via email at jason@austintexashomes.com.  Thanks for checking out this brief analysis!

 

 

 

If you're looking for a home in the Austin area, you can also visit my primary website at www.austintexashomes.com.  Thanks!

Comment balloon 1 commentJason Crouch • December 29 2008 11:28PM
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