How to get your Up in a down market! Austin and surrounding communities continue to thrive despite the national economy. Jobs, growth, sales, continue to outperform the rest of the country. Focus on your area and community. There is more to learn while staying connected and up to date on the rest of this report. Today there are 235 Active properties on the market in your local community. Buyers have identified the best values to own with 26 properties and have contracted a sale to close within the next thirty days. Since December 1 the number of sold has dropped significantly to 12 which reflect a 9+ month of absorption. What all this means is…
Our market has made a shift and you need to stay Up to Date on how your property values will be affected. Today, there are now 10,501 active listings on the market which is a decrease this same time last year and week of 22.25% decrease from last year. Pending sales have also gone down by 34.87% including sold properties dropped by 26.24%.
Number of homes sold through November this year are 21,195 which is down 21.7% from last year. The average days on market for properties that are for sale are 111 and sold is 65. Read on and learn how to compete in a price war and beauty pagent!
The Lake Travis school district has a total of 756 properties for sale with 66 Pending sales and only 14 that have actually closed this month.
How this impacts you is more of your community market and how well you stage and price your home. There is more than just location, location, and location to bring value. Today, approximately 20% are still selling in any market and there are 80% that isn't because it is either just on or out of the market. Contact us to find the best values and which properties that are the safest investment. It takes a skilled negotiator and someone that studies the market on a daily basis that can also bring perspective. View your "Market Snapshot" to help bring the perspective and also the current statistics of the actual for sale and sold and actual sales prices. This is real time and quality information to use for any property. Give us a call today if you have considered selling your home in any city or any state. We can put you in touch with the very best of the industry and get your home sold for the most amount of money, in your time frame, and with our team taking care of all details. Find us on the web at www.YourKeyToResults.com or call us at 512-794-6635 or toll free at 800-879-1161
ZIP Code: 78738 Approximate Location Boundaries: Hwy 71 West with crossroads of Hwy 620 West and Bee Caves Road
Location Characteristics: A fast growing communiity with the new Galleria Mall being built. Once a sleepy hill country community that is fast changing into a bedroom community for those that work and play in the Austin area. New Home communities being built and in the Lake Travis School District.
About David Raesz (512) 264-3113:
David Raesz has been helping families in the greater Austin, Dripping Springs, and Lake Travis area since 1986 with Keller Williams Realty. The Raesz Team has both Seller and Buyer specialist to represent your best interest in the next move you will make and the support to take care of all the details. Our vision for 2008 is to help 150 families in their smooth move paying close attention in handling all the details! A single real estate transaction requires the completion of numerous tasks: marketing, negotiation, sale tracking, communication...just to name a few! As a buyer or seller you will need a trusted advisor, an experienced negotiator, and someone who can facilitate your transaction with expertise . The Raesz Team recognizes this need and has assembled a group of individuals to meet it. Each member of the Raesz Team has different strengths to meet your needs!
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
