Neighborhood Statistics – Residential Real Estate in Austin Texas – January through November 2007

Neighborhood Statistics

Residential Real Estate in Austin Texas

January – November, 2007 

 

1.       Barton Creek: There were 50 more homes sold in Barton Creek between January and November in 2006 than in 2007, although they sold for more per square foot on average in 2007. It took about the same amount of time for homes in sell in 2007 versus 2006 on average. There were 78 homes sold in Barton Creek from January through November, 2007. The average home that sold was 4 beds, 4 baths, 4,464 square feet, and sold for $231 per square foot ($1,146,203) after 103 days on the market. There were 128 homes sold during the same period in 2006. In 2006 the average home that sold was 4 beds, 3 baths, 4,143 square feet, and sold for $205 per square foot ($736,250) after 104 days on the market.

2.       Davenport Ranch: There were 4 more home sold in Davenport Ranch between January and November in 2007 than in 2006. Homes actually took much less time to sell in 2007 although they sold for slightly less per square foot on average. There were 39 homes sold in Davenport Ranch from January through November, 2007. The average home that sold was 4 beds, 3 baths, 3,760 square feet, and sold for $205 per square foot ($795,556) after 67 days on the market. There were 35 homes sold during the same period in 2006. In 2006 the average home that sold was 4 beds, 4 baths, 4,403 square feet, and sold for $211 per square foot ($1,001,178) after 141 days on the market.

3.       Davenport West: There were 5 more homes sold in Davenport West between January and November in 2007 than in 2006. Homes actually took less time to sell in 2007 although they sold for less per square foot on average. There were 8 homes sold in Davenport West from January through November, 2007. The average home that sold was 5 beds, 4 baths, 4,826 square feet, and sold for $253 per square foot ($1,258,875) after 135 days on the market. There were 3 homes sold during the same period in 2006. In 2006 the average home that sold was 5 beds, 4 baths, 4,846 square feet, and sold for $322 per square foot ($1,670,130) after 177 days on the market.

4.       Lakeway, TX: There were 99 more homes sold in Lakeway, Texas between January and November in 2006 than in 2007. Homes actually took the same amount of time to sell in 2007 although they sold for more per square foot in 2007 on average. There were 284 homes sold in Lakeway, Texas from January through November, 2007. The average home that sold was 3 beds, 3 baths, 2,765 square feet, and sold for $147 per square foot ($423,664) after 85 days on the market. There were 383 homes sold during the same period in 2006. In 2006 the average home that sold was 3 beds, 3 baths, 2,723 square feet, and sold for $137 per square foot ($389,119) after 85 days on the market.

5.       Lost Creek: There were 4 more homes sold in Lost Creek between January and November in 2007 than in 2006. Homes actually took the same amount of time to sell in 2007 versus 2006 although they sold for more per square foot on average in 2007. There were 83 homes sold in Lost Creek from January through November, 2007. The average home that sold was 4 beds, 3 baths, 2,958 square feet, and sold for $172 per square foot ($514,299) after 47 days on the market. There were 79 homes sold during the same period in 2006. In 2006 the average home that sold was 4 beds, 3 baths, 2,903 square feet, and sold for $155 per square foot ($455,727) after 47 days on the market.

6.       Ridge at Lantana: There were actually 7 more homes sold in Lantana between January and November in 2007 than in 2006, and homes sold faster and for more per square foot in 2007 as well. There were 22 homes sold in the Ridge at Lantana from January through November, 2007. The average home that sold was 4 beds, 3 baths, 2,860 square feet, and sold for $134 per square foot ($378,445) after 45 days on the market. There were 15 homes sold during the same period in 2006. In 2006 the average home that sold was 3 beds, 3 baths, 3,654 square feet, and sold for $114 per square foot ($410,954) after 70 days on the market.

7.       Rob Roy: There was only 1 more home sold in Rob Roy between January and November in 2006 than in 2007. Homes actually took less time to sell in 2007 although they sold for less per square foot on average. There were 54 homes sold in Rob Roy from January through November, 2007. The average home that sold was 4 beds, 3 baths, 2,938 square feet, and sold for $153 per square foot ($557,751) after 70 days on the market. There were 55 homes sold during the same period in 2006. In 2006 the average home that sold was 4 beds, 4 baths, 3,880 square feet, and sold for $176 per square foot ($739,974) after 82 days on the market.

8.       Rollingwood, Texas: There were 7 more homes sold in Rollingwood, Texas between January and November in 2006 than in 2007. Additionally,homes took much less time to sell and sold for more per square foot in 2006 compared to 2007. There were only 7 homes sold in Rollingwood from January through November, 2007. The average home that sold was 4 beds, 3 baths, 3,130 square feet, and sold for $209 per square foot ($635,700) after 114 days on the market. There were 14 homes sold during the same period in 2006. In 2006 the average home that sold was 4 beds, 2 baths, 2,413 square feet, and sold for $243 per square foot ($566,526) after 47 days on the market.

9.       Travis Country: There were 43 more homes sold in Travis Country between January and November in 2006 than in 2007, althoughhomes actually took less time to sell and sold for more per square foot on average. There were 65 homes sold in Travis Country from January through November, 2007. The average home that sold was 4 beds, 2 baths, 2,490 square feet, and sold for $139 per square foot ($335,344) after 40 days on the market. There were 108 homes sold during the same period in 2006. In 2006 the average home that sold was 4 beds, 2 baths, 2,384 square feet, and sold for $131 per square foot ($305,496) after 44 days on the market.

10.   Travis Country West: There were the same number of homes sold in Travis Country West between January and November in 2006 than in 2007. Homes actually took almost twice as much time to sell in 2006 versus 2007, and homes sold for more per square foot on average in 2007. There were 26 homes sold in Travis Country West from January through November, 2007. The average home that sold was 4 beds, 3 baths, 2,985 square feet, and sold for $125 per square foot ($370,654) after 44 days on the market. There were 26 homes sold during the same period in 2006. In 2006 the average home that sold was 4 beds, 3 baths, 2,965 square feet, and sold for $117 per square foot ($342,695) after 86 days on the market.

11.   West Lake Hills, TX: The city of West Lake Hills is located deep in the heart of Austin, Texas just west of Lady Bird Lake. There were 10 more homes sold in West Lake Hills between January and November in 2006 than in 2007, although homes sold faster and for more per square foot in 2007 on average. There were 28 homes sold in West Lake Hills, Texas from January through November, 2007. The average home that sold was 4 beds, 3 baths, 2,921 square feet, and sold for $258 per square foot ($737,964) after 30 days on the market. There were 38 homes sold during the same period in 2006. In 2006 the average home that sold was 3 beds, 3 baths, 3,107 square feet, and sold for $213 per square foot ($665,982) after 54 days on the market.

12.   Westlake: In addition to the city of West Lake Hills, there are many subdivisions in proximity to or within West Lake Hills that are referred to in part or whole as Westlake. Although some homes sold in Westlake subdivisions are located within West Lake Hills, others are actually located in the city of Austin. As a result, I’m posting the statistics for Westlake subdivisions in addition to the city of West Lake Hills to show the readers the additional homes sold in the greater West Lake Hills area, also known as Westlake.  There were 5 more homes sold in Westlake between January and November in 2006 than in 2007, although homes sold faster and for more per square foot in 2007 on average. There were 33 homes sold in Westlake, Texas subdivisions from January through November, 2007. The average home that sold was 4 beds, 3 baths, 3,199 square feet, and sold for $209 per square foot ($715,231) after 45 days on the market. There were 38 homes sold during the same period in 2006. In 2006 the average home that sold was 4 beds, 3 baths, 3,797 square feet, and sold for $174 per square foot ($718,422) after 63 days on the market.