Meadows of Blackhawk - Pflugerville, Texas - Home Sales Report - Summer 2008 (June - August)
As a resident of Meadows of Blackhawk for almost six years now, I like to keep an eye on the market values here in our neighborhood. When the toll roads opened about a couple of years ago, the prices started trending upward and they have continued to appreciate for the most part, although things are selling more slowly at the moment. As a fellow homeowner, this stuff is important to me, too!
Currently, there are 19 homes available in the Meadows, with an average asking price of $223,851. The average square footage for these homes is 2,634, for an average price per square foot of $86.15. This is almost identical to the previous quarter.
Presently, there are 5 homes under contract in the subdivision, with an average listing price of $182,280, and an average square footage of 2,279, yielding an average price per square foot of $80.62. This is slightly lower than the quarter before.
Over the past three months (June through August 2008), there were 15 sales closed within Meadows of Blackhawk. The average listing price was $206,479 and the average sales price was $198.696. This means that homes sold for approximately 96.2% of the list price. This is about 3% less than the previous three month period.
The average number of days on the market was 86, which is about the same as the average for the entire Austin MLS. The square footage of the homes sold averaged 2,481, and the price per square foot for the sales was $81.00, which is roughly a dollar less than last quarter.
In other area news:
Located at the southwest corner of the intersection of the aforementioned toll roads (45 and 130), Stone Hill Town Center is slated to open within a few months, and it promises over 1,000,000 square feet of shopping and entertainment. Home Depot is now open, soon to be followed by Best Buy, Chili's, several retail clothing stores, a large Cinemark theater, 24-Hour Fitness, and much more.
To read more details about this center and to see a list of stores and restaurants, check out my recent article here:
If you would like to see the proposed layout, you can visit the developer's website and see the site plan here:
If you are a consumer living in another area around Austin and you are interested in seeing the trends in your particular neighborhood, please don't hesitate to contact me, and I can create a custom report for you. All of my contact information is below.
If you are considering selling your home in the Meadows of Blackhawk (or anywhere in the general Austin area), please feel free to give me a call. I would love the opportunity to help you get it sold quickly. Also, You can visit my primary website at www.austintexashomes.com. You can also reach me anytime on my cell phone at 512-796-7653 or via email at firstname.lastname@example.org. Thanks for checking out this brief analysis!