I just had a closing in Twin Creeks - and then an inquiry about a possible listing. So it seems like a good time for a quick post about the current market conditions in this Cedar Park country club community on the edge of Austin.
For Sale - 8 homes with an average sqft of 4,139 and average price of $784K
Under Contract - 5 homes with an average sqft of 2,890 and average price of $394K
Sold in past 90 Days - 10 homes with an average sqft of 3,541 and average price of $482K
For Sale - 2 units with an average sqft of 2,607 and average price of $337K
Sold - 4 units with an average sqft of 1,951 and average price of $278K
Both of these stats are skewed somewhat by the new builder inventory which is generally more expensive and stands on the market longer due to build time.
Also remember that whenever we discuss sqft we are using an estimate - usually the county tax office's best guess used for taxing purposes.
If you have questions about the value of a home in Twin Creeks, or elsewhere, please contact John for a thorough evaluation.