We Just SOLD 209 Spillway Dr, Kyle TX 78640

We have a new listing in Kyle’s popular Southlake Ranch neighborhood that has recently SOLD! 209 Spillway Dr is a single-story 1803 sqft home with 3 bedrooms and 2 baths. It was built in 2003.  The seller added a beautiful sunroom that measures about 10X15 too!

 

We're sorry, but we couldn't find MLS # 6876621 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

For more details on homes like this one, please contact a Team Ensor Realtor today!

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Low Inventory & Strong Demand Pushing Scofield Farms Prices Higher

Pic of Entrance to Scofield Farms

According to January 2014 data from the Austin Board of Realtors, we have TWO months of inventory when it comes to single-family homes in the Austin area. What does this mean to the average buyer or seller in Austin? It means that we are very much still in a seller’s market.

As we creep into the Spring months (with this weather it can be hard to tell if we are getting closer to Spring or not!), more inventory will start to become available as sellers capitalize on the busier months of real estate. Simultaneously more buyers will be buying, and will probably keep that inventory level down.

One particular neighborhood where we can see low inventory, with solid numbers of homes that are under contract or that have recently sold is Scofield Farms (also known as just Scofield) in North Austin. Currently, there is ONE house of more than 2000 sqft on the market. There are nine homes under contract. And, nine homes have sold in the last 90 days. (Based on data from the Austin MLS.)

MLS Market Stats for Scofield Farms in Austin TX

Why is Scofield Farms so hot right now? Here are the top three reasons why:

1) Location, location, location!
Scofield Farms is located right off the MoPac, and if you are traveling north on the MoPac, it is the last exit before tolls kick in. Therefore, people love the easy access to this neighborhood. It is also located nearby the Domain, hospitals and major employers. Residents have shopping, dining, and work nearby and this is a huge perk.

2)  Wide-range of homes at a good price.
In Scofield you can find smaller homes priced in the high $100’s and larger homes in the $300’s, but for the most part you have a great selection (when inventory isn’t scarce!) of median-sized homes in that median-price range in the $200’s.

3)  Buyers love the “feel” of Austin neighborhoods like Scofield Farms.
Homes range in age from the 1980’s to the 2000’s in Scofield Farms, thus making it primarily an “established” neighborhood. Many of the homes have mature trees and lots of them. There are neighborhood parks throughout the community. And, at any given time you can see families strolling down the streets, getting exercise or a fresh breath of air after work. All of these elements add up to a feel that Austinites really appreciate in a neighborhood.

It’s obvious that if you are a seller in Scofield Farms, you are in a good position due to the low inventory. But, did you also know that it is a great time to buy in Scofield Farms? The reason: you can get into a great, established community, at a good price range that aligns well with the median sales price in Austin and in a convenient location.

Whether you are looking to buy or sell in Scofield Farms, give me a call today to arrange an appointment!

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We Just SOLD 2104 Christoff Loop, Austin TX 78748!

We have a brand new listing that’s coming soon in the south Austin community of Rancho Alto. 2104 Christoff Loop was built by Meritage Homes in 2010, with features including granite counter tops, a center island in the kitchen, wood floors, master bedroom and an office downstairs. (with 1.5 baths downstairs, too!) Don’t miss the huge covered patio and the gameroom too!

With 2838 sqft (per TCAD),4 bedrooms and 2.5 baths, this home is spacious and comfortable.

Pictures of 2104 Christoff Lp

 

Professional pictures are coming soon!  For a sneak-peek of this home before we go live in the MLS, please contact us today!

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We Just SOLD 6705 Covered Bridge Dr, Unit 11, Austin TX 78736!

Check out our newest Austin real estate listing! 6705 Covered Bridge Dr Unit 11 is a 3 bed / 2.5 bath condo in the popular southwest Austin community of Gardens at Covered Bridge. With 1848 sqft, this spacious condo is one of the largest in the community.

Community features include a pool and a playground for residents and their guests to enjoy.  This particular unit is unique in that it is an END-UNIT and only shares a wall with one neighboring condo!

Pictures of 6705 Covered Bridge Dr Unit 11

 

For more information or to a schedule a showing of this fabulous listing, contact us today!

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Timing & the Austin real estate market: does a perfect time exist for a seller to list?

2009-2013 Market Trends for Austin residental real estate sales

Imagine if the housing market was just like Wall Street. Brokers stood on the street corners, wearing funny colored jackets, waiving MLS sheets into the air while yelling, “Buy, buy, buy! Sell, sell, sell!”

Of course, there is a lot of research going on behind the scenes and those stock traders have it down to a science on when a stock should be held or sold. I can say real estate is similar in that respect. Market data such as the number of sold listings, days on market and selling price provides critical information that we Realtors use so that we can properly educate our clients on when they should buy or sell their homes.

With more than 150 people moving to Austin every day, it seems like any time of the year may be a good time to sell your Austin home! As of the time of this writing, the city of Austin Texas has less than 2 months of single-family home inventory on the MLS!

In the city of Austin, there are currently 1279 active single-family homes in the Austin MLS and there were 709 single-family homes that sold in the last 30 days.

As we all know, life just happens. Of course people will need to sell their home 365 days of the year and there will be a buyer looking all of those 365 days. Surprise job transfers, loss of jobs, divorce, marriage, or maybe that perfect house pops on the market and you need to take action even though you didn’t think you’d move for another six months. All are reasons for moving and they can take place any time of the year.

“Is Now a Good Time to Put MY Austin House on the Market?”

It is a widely known fact though that most people buy and sell during the summer months because the kids are out of school and 1) if they have to transfer schools it is easier to do so during the break and 2) there are less activities going on for the kiddos during the summer, so parents have more time to devote toward the move.

Check out this chart that compiles the MLS data for the last five years here in Austin. As you can see, things start to pick up every April, with home sales peaking in May, June, July and August, and then they start to slow down in September. Last year, 2013, July and August were the superstar months in Austin.

2009-2013 Market Trends for Austin residental real estate sales

 

You may ask, “Not everyone has children, so why does the summer break affect everyone?” The answer stems from the Law of Large Numbers. Since there is a pool of people who find it most convenient to buy a home during the summer months, putting your home on the market during those months guarantees you a larger amount of potential buyers.

How much more money can selling during the peak months mean to a seller? Tens of thousands, according to the median data of Austin home sales:

2013 Home Sales Stats - Austin Texas

If you would like to know what the statistics are based on your area or neighborhood, contact me today and I’ll be happy to provide you those numbers.

Do you fall under circumstances where you need to sell in the ‘off’ months? Do not fear! We have an outstanding marketing system that will get your home maximum exposure, no matter what the time of year.

In upcoming blogs, I plan to share tips on getting your home ready for the market. Check back often or better yet, call me today so you can get started!

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