How Were Falconhead Home Sales for December 2010?

Let’s take a look and see how homes sales have been stacking up in Falconhead, a luxury community of upscale homes in the Lakeway area.

Property Type: Residential Status: Sold Number of Properties: 4
  Beds Baths SqFt Listing Price LP/SqFt Selling Price SP/SqFt SP/LP SP/OLP DOM
High 5 3 3,680 $470,000 $130.85 $470,000 $127.72 100.3% 100% 184
Low 4 2 2,292 $299,900 $115.51 $290,000 $115.84 95.5% 88.4% 7
Average 4 3 2,877 $358,723 $124.83 $352,737 $122.41 98.13% 93.28% 84
Median 4 3 2,768 $332,495 $126.48 $325,474 $123.04 98.35% 92.35% 73

If you compare the December numbers to the Falconhead Homes Sales Report for November 2010, you can try to spot some month-to-month pricing trends.

The median sales price per square foot for Falconhead Homes in November 2010 was $123.04, down from $145.01 for November.  Keep in mind that these are just average sold stats.  For a specific look at market trends for a particular sized home in the Falconhead area, please contact us.  We would be happy to provide you with a detailed report on the value of your Falconhead home.  If you’re looking to purchase, we hope that you will contact us so we can help draft a competitive and well-prepared offer for your Falconhead home.

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Falconhead Home Sales Report for November 2010

Here is a look at the homes sales in Falconhead, a community in Lakeway, for the month of November, 2010:

Property Type: Residential Status: Sold Number of Properties: 4
  Beds Baths SqFt Listing Price LP/SqFt Selling Price SP/SqFt SP/LP SP/OLP DOM
High 4 4 4,495 $574,900 $175.38 $526,650 $154.17 95.8% 93.2% 188
Low 3 2 2,655 $407,306 $127.9 $366,006 $116.8 86.8% 86.8% 23
Average 4 3 3,305 $499,436 $154.42 $455,414 $140.25 90.95% 90.48% 89
Median 4 3 3,036 $507,769 $157.19 $464,500 $145.01 90.6% 90.95% 73

To spot market trends on a monthly basis, compare these numbers to the average sold stats in the Falconhead Home Sales Report for October 2010.  It appears that the sold price per square foot has ticked up in Falconhead, with the median price per square foot at $145.01 for November 2010, compared to $138.42 in October 2010.

For a detailed look at what’s happening with Falconhead real estate, please contact us.  If you’re selling, we can prepare a comprehensive report outlining all homes that have sold that compare to yours, and will provide you with our marketing plan and strategy.  If you’re looking to buy in Falconhead, we can help you negotiate the best possible price for your next purchase.

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Falconhead Home Sales Report for October 2010

Here is a look at how the housing market is treating Falconhead, an upscale community of homes near Lakeway in far west Austin.

Property Type: Residential Status: Sold Number of Properties: 8
  Beds Baths SqFt Listing Price LP/SqFt Selling Price SP/SqFt SP/LP SP/OLP DOM
High 5 5 6,204 $999,000 $164.09 $910,000 $157.52 99.9% 131.6% 80
Low 4 3 2,876 $379,000 $108.72 $356,000 $102.12 87.3% 84.3% 0
Average 4 3 3,676 $527,016 $141.1 $494,752 $132.73 94.18% 96.36% 36
Median 4 3 3,267 $449,925 $143.85 $421,511 $138.42 94.45% 91.65% 31

To get an idea of how the market is faring in Falconhead on a month-to-month basis, let’s compare the October sales to the September sales.  If you pull up the Falconhead Homes Sales Report for September 2010 in a new window, you can compare the monthly data and look for some market trends.

For the month of October 2010, the median Sold Price per Square Foot was $138.42, compared to $136.63 for September 2010.  The median days on market for Falconhead during October was 31 days, compared to 47 for September.

It appears that Falconhead has been holding its own, and has been weathering the storm quite well.  If you are a potential buyer or a seller of homes in the Falconhead area, give us a call or send over an email.  We’ll take a close look at the data, and see how we can best represent your needs.

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Falconhead Home Sales Report for September 2010

Now that the month is over, let’s take a look at the Falconhead homes that sold during September 2010:

Property Type: Residential Status: Sold Number of Properties: 6
Beds Baths SqFt Listing Price LP/SqFt Selling Price SP/SqFt SP/LP SP/OLP DOM
High 4 4 4,660 $649,900 $183.51 $630,000 $170.89 99.3% 99.3% 330
Low 4 3 3,160 $474,900 $131.95 $447,973 $128.01 87.3% 88% 1
Average 4 3 3,840 $565,262 $149.2 $535,179 $140.81 94.65% 94.3% 95
Median 4 3 3,737 $564,450 $140.57 $537,500 $136.63 95.35% 95.35% 47

When we compare September’s data to the Falconhead Homes Sales Report for August 2010, we can notice some notable differences. There were six homes that sold in Falconhead in September, compared to five during August.  The biggest change, however, is the median sold price per square foot.  The median price per square foot for Falconhead homes that sold during September 2010 is $136.63, compared to $114.18 during the prior month.

Next month, we will take a look at October, and compare it to September’s sold data.  Are you thinking of selling your Falconhead home and need to know what it’s worth?  Contact us, and we will prepare a CMA complete with an extensive look at homes that compare to yours.

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Falconhead Homes Sales Report – August 2010

Below is our first installment of sales data for Falconhead.  Let’s start with what sold during the month of August, 2010 in the Falconhead area.  As some of you may or may not know, Falconhead homes are split into two subdivisions in the Austin MLS (Falconhead and Spillman Ranch).  Below is a combined data report, encompassing both subdivisions.

There are 5 homes that sold in Falconhead during the month of August, 2010:

  Beds Baths SqFt Listing Price LP/SqFt Selling Price SP/SqFt SP/LP SP/OLP DOM
High 5 5 4,439 $710,000 $203.85 $675,000 $193.80 99% 95.10% 148
Low 4 3 3,483 $475,037 $112.53 $433,095 $111.40 84.70% 81.70% 5
Average 4 3 3,840 $536,153 $141.69 $498,758 $131.64 92.90% 89.44% 43
Median 4 3 3,793 $499,500 $134.78 $450,000 $114.18 92.90% 92.80% 13

As you can see, the median price per square foot for Falconhead is $114.18 per square foot based on August’s sales data.  Home that sold were listed from $475,000 to $710,000 and sold in a range from $433,000 to $675,000.

Next month, we will take a look at what sold in September, and we will compare it to August’s number to look for market trends.  For immediate information about market trends we are seeing in Falconhead, please contact us.

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Welcome to FalconheadHomesForSale.com!

Let me be the first to welcome you to our brand new website, all about Falconhead homes.  This site will cover, with precision detail, everything a home buyer or seller needs to make a sound decision. 

Imagine a place where a buyer can find comprehensive facts about not just what’s currently available for sale in Falconhead, but also average sold comps, neighborhood trends, and local conversations about what’s going on in the community.  Imagine a place where a seller can find out what Falconhead homes like theirs are selling for, and what they can do to effectively market their home in a competitive market.  What if there was a one-stop shop for all of your Falconhead real estate needs?  This is the vision for FalconheadHomesForSale.com!

Our lofty goal is to create the only website you’ll ever need to visit when buying or selling a home in Falconhead.  We hope you enjoy the content we provide, so much so that you’ll contact us when you need a little extra help with buying or selling your Falconhead home.

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