Austin Texas Real Estate Blog

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Sonoma - Round Rock, Texas - Neighborhood Sales Report - Summer 2008 (April - June)

Sonoma is a terrific neighborhood located in east Round Rock, just off Gattis School Road.  With two theme pools, two lakes, and a playground area, Sonoma is also located adjacent to the Round Rock hike-and-bike trail system.  It was awarded the prestigious MAX Award for "Best Overall Community" a few years ago.

Currently, there are 36 homes available on the MLS in Sonoma, with an average asking price of $250,730.  The average square footage for these homes is 2,791, for an average price per square foot of $90.54.  This is a drop of about $2/square foot from the previous quarter, and about $8 less than the first quarter of 2008.

Presently, there are 5 homes under contract in the subdivision, with an average listing price of $226,550 and an average square footage of 2,576, yielding an average price per square foot of $87.94.  This is about a dollar less than the previous quarter.  One thing worth mentioning is the fact that one of the homes under contract is quite a bit more expensive (at $320,000), and the other four homes average $203,000.

Over the past three months (June through August 2008), there were 13 sales closed within Sonoma.  The average listing price was $251,282 and the average sales price was $241,286.  This means that homes sold for approximately 96% of the list price.  The average number of days on the market was 83, which slightly more than the overall Austin area average.  The square footage of the homes sold averaged 2,841, and the price per square foot for the sales was $85.63.  This is a decrease of about $5/sq. ft. since the first quarter of the year.

 

In other area news:

About five minutes from Sonoma, located at the southwest corner of the intersection of the two major 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 is already open, soon to be followed by Best Buy, Chili's, several retail clothing stores, a large Cinemark theater, 24-Hour Fitness, and much more.  The developers are estimating that it will open in March 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 or Round Rock 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 Sonoma (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 Round Rock 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 enjoyed this post, why not connect with me elsewhere or subscribe via email?

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!

Falcon Pointe - Pflugerville Texas - Home Sales Report - Summer 2008

  

Falcon Pointe is a 700-acre master-planned community in the fast-growing Pflugerville area. As the largest master-planned community in Pflugerville, Falcon Pointe offers homes priced from the $170,000s to $300,000s by leading builders, along with a popular Residents' Club, parks and greenbelt trails. Falcon Pointe is home to three on-site schools, all part of the highly acclaimed Pflugerville Independent School District.

Currently, there are 35 new and resale homes available in the Austin MLS in the Falcon Pointe area, with an average asking price of $257,481.  The average square footage for these homes is 2,967, for an average price per square foot of $88.01.

Presently, there are 4 homes under contract in the subdivision, with an average listing price of $208,280, and an average square footage of 2,193, yielding an average price per square foot of $95.40.  It should be noted that one of the sales was at $155,000, which brought down the average considerably.

Over the past quarter (September through December 2007), there were 9 sales closed within Falcon Pointe.  The average listing price was $243,892 and the average sales price was $227,373 (93.2% of asking).  The average size was 2744 s.f., which put the average price per square foot at $84.00 with the average days on market running at 73 days (slightly more than the overall Austin market). 

I have noticed a trend toward larger homes in Falcon Pointe lately, with several homes over 4500 square feet under construction presently.  These are priced in the mid-to-high $300's.

 

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 is already open, soon to be followed by Best Buy, Chili's, several retail clothing stores, a large Cinemark theater, 24-Hour Fitness, and much more. 

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 Falcon Pointe (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! 

 

If you enjoyed this post, why not connect with me elsewhere or subscribe via email?

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!

Fairways of Blackhawk - Pflugerville Texas - Brief Market Analysis - Summer 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 about a year 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! 

fairways of blackhawk real estate

Currently, there are 17 resale homes available on the MLS in the Fairways, with an average asking price of $256,210.  The average square footage for these homes is 2,834, for an average price per square foot of $92.17.  This is a couple of dollars higher than the previous quarter.

Presently, there are 5 homes under contract in the subdivision, with an average listing price of $231,105 and an average square footage of 2,507, yielding an average price per square foot of $92.18. 

Over the past three months (June through August 2008), there were only 2 sales closed within the Fairways of Blackhawk.  Averages don't mean a whole lot when there are only two numbers to deal with, but one of them sold in the $280's, and the other one was in the mid-$230's. 

 

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 is now open, soon to be followed by Best Buy, Chili's, several retail clothing stores, a large Cinemark theater, 24-Hour Fitness, and much more. 

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 enjoyed this post, why not connect with me elsewhere or subscribe via email?

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!

Meadows of Blackhawk - Pflugerville, Texas - Home Sales Report - Summer 2008 (June - August)

As a resident of Meadows of Blackhawk for almost six years now, I like to keep an eye on the market values here in our neighborhood.  When the toll roads opened about a couple of years ago, the prices started trending upward and they have continued to appreciate for the most part, although things are selling more slowly at the moment.  As a fellow homeowner, this stuff is important to me, too! 

meadows of blackhawk real estate

 

Currently, there are 19 homes available in the Meadows, with an average asking price of $223,851.  The average square footage for these homes is 2,634, for an average price per square foot of $86.15.  This is almost identical to the previous quarter.

 

Presently, there are 5 homes under contract in the subdivision, with an average listing price of $182,280, and an average square footage of 2,279, yielding an average price per square foot of $80.62.  This is slightly lower than the quarter before.

  

Over the past three months (June through August 2008), there were 15 sales closed within Meadows of Blackhawk.  The average listing price was $206,479 and the average sales price was $198.696.  This means that homes sold for approximately 96.2% of the list price.  This is about 3% less than the previous three month period.

The average number of days on the market was 86, which is about the same as the average for the entire Austin MLS.  The square footage of the homes sold averaged 2,481, and the price per square foot for the sales was $81.00, which is roughly a dollar less than last quarter.

 

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 is now open, soon to be followed by Best Buy, Chili's, several retail clothing stores, a large Cinemark theater, 24-Hour Fitness, and much more. 

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 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.  Also, 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!

 

If you enjoyed this post, why not connect with me elsewhere or subscribe via email?

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!

Steeds Crossing - Pflugerville, Texas Home Sales Report - January through June 2008

As a former resident of Steeds Crossing, and a current resident of nearby Blackhawk, I typically try to keep an eye on the property values in the area.  When I was first licensed in real estate almost 12 years ago, my business partner and I walked the neighborhood in order to meet my neighbors and to try to drum up some business.  We did it both when it was so cold that our noses were running, and when it was so hot that I still can't believe I wore a tie back then.  I guess I am just saying that Steeds Crossing will always hold a special place in my heart. 

Currently, there are 4 homes available on the MLS in Steeds Crossing, with an average asking price of $140,450.  The average square footage for these homes is 1,668, for an average price per square foot of $84.20. 

There are 3 homes under contract right now in Steeds, with an average price of $132,666.  The average square footage on these homes is 1,621, yielding an average square footage price of $81.84.

Over the past six months, there were 8 sales closed within Steeds Crossing.  The average listing price was $132,061 and the average sales price was $131,594.  This means that homes sold for  99.64% of the list price.  The average number of days on the market was just 29 days , which is less than half of the average for the Austin market right now.  The square footage of the homes sold averaged 1,702, and the price per square foot for the sales was $78.

In other area news:

Located at the intersection of the 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, Best Buy, Chili's, several retail clothing stores, a large Cinemark theater, and a fitness center are among the anticipated tenants.

Here is a link to the developer's map, showing the stores and restaurants committed to open there:

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

If you are a consumer living in another neighborhood in or near 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 Steeds Crossing (or anywhere in the general Austin or Pflugerville 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 Texas 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 enjoyed this post, why not connect with me elsewhere or subscribe via email?

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!

Sonoma - Round Rock, Texas - Neighborhood Sales Report - 2nd Quarter 2008 (April - June)

Sonoma is a terrific neighborhood located in east Round Rock, just off Gattis School Road.  With two theme pools, two lakes, and a playground area, Sonoma is also located adjacent to the Round Rock hike-and-bike trail system.  It was awarded the prestigious MAX Award for "Best Overall Community" a few years ago.

Currently, there are 34 homes available on the MLS in Sonoma, with an average asking price of $254,778.  The average square footage for these homes is 2,794, for an average price per square foot of $92.03.  This is a drop of over $6/square foot from the previous quarter.

Presently, there are 4 homes under contract in the subdivision, with an average listing price of $265,972 and an average square footage of 2,997, yielding an average price per square foot of $88.75.  This is about a two dollars less than the first quarter of 2008. 

Over the past quarter (April through June 2008), there were 18 sales closed within Sonoma.  The average listing price was $237,026 and the average sales price was $224,290.  This means that homes sold for approximately 94.62% of the list price.  The average number of days on the market was 143, which is almost double the average for the Austin MLS.  The square footage of the homes sold averaged 2,575, and the price per square foot for the sales was $88.  This is a decrease of about $2/sq. ft. over last quarter.

Overall, home prices appear to have dropped slightly in the area, but there was more sales activity (18 homes vs. 12 for the first quarter).  Some of this is assuredly due to the seasonal nature of the Austin real estate market.

In other area news:

Located at 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, Best Buy, Chili's, several retail clothing stores, a large Cinemark theater, and a fitness center are among the anticipated tenants.

Here is a link to the developer's map, showing the stores and restaurants committed to open there:

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

If you are a consumer living in another neighborhood in or near 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 Sonoma (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 Texas 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 enjoyed this post, why not connect with me elsewhere or subscribe via email?

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!