As as 8-year resident of the Meadows of Blackhawk, I like to keep an eye on the market values here in our neighborhood. Overall, the Austin area and Blackhawk specifically haven't faced the declines seen in other parts of the country. As a fellow homeowner, this is important to me, too!
Currently, there are 18 homes available in the Meadows, with an average asking price of $210,609. The average square footage for these homes is 2,702, for an average price per square foot of $78.82.
Presently, there are 4 homes under contract in the subdivision, with an average listing price of $228,032, and an average square footage of 3,085, yielding an average price per square foot of $73.91. There was one very low listing price (about $60/s.f.) which brought down the average a bit.
Over the past year (January 2010 through 1/6/11), there were 38 sales closed within Meadows of Blackhawk. The average listing price was $208,464 and the average sales price was $204,709. This means that homes sold for approximately 98.2% of the list price. The average number of days on the market was 66, which is less than the average for the Austin MLS. The square footage of the homes sold averaged 2,698, and the price per square foot for the sales was $76.92.
In other area news:
Located at the intersection of the aforementioned toll roads (45 and 130), Stone Hill Town Center continues to expand and it promises to provide over 1,000,000 square feet of shopping and entertainment total in 2011. Home Depot, Best Buy, several retail clothing stores, a large Cinemark theater, and a fitness center are among the current and anticipated tenants.
If you are considering selling your home in the Meadows 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 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!
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If you're looking for a home in the Austin area, you can also visit my primary Austin real estate website at www.austintexashomes.com. If you're interested in social media training, visit 210 Consulting. Thanks!
