March 15, 2017

March 2017 Leander, TX Real Estate Market Conditions

By Cliff Hahn, Broker

Perry Homes is one of the many new home builders opening new sections in more neighborhoods in Leander.

Bryson is now offering 60 foot lots in a full amenity community near 183A  in what is becoming the sweet spot near Leander Metro Rail, retailers and The Parke just south of New Hope Road at 183A.

Prices for 2500 square feet to 4100 square feet homes range from the high $390’s and include an attractive array of floor plans.

Across the nation, new home sales declined in January, but are expected to increase ahead of and during the spring to summer season.  That decline is due to higher mortgage rates since the new presidential administration and a drop in available inventory.

Leander has a robust home market, both new and resale homes are holding their pricing according to the Austin Board of Realtors information.  Average days on the market before contract have decreased.

 

For the last 30 days, according to the Austin Board of Realtors MLS as of   3/15/2017 single family homes specific:

                                                                   FEBRUARY               MARCH    
Number of homes for sale:                                339                       390
Number of homes sold:                                      96                        111
Average days on the market for sold homes        88                          77
Median price of homes for sale:                     $399,000              $396,628      
Average price of homes for sale                     $430,549              $436,221        
Median price of homes sold:                          $273,500              $279,000                 
Average price of homes sold:                        $316,200               $325,427

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HAHN Real Estate Cliff Hahn, Broker

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