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Fairways of Blackhawk - Pflugerville, TX - Market Report for January 2011

As an eight-year resident of the Blackhawk area and a 16-year resident of Pflugerville, I like to keep an eye on the market values here in our neighborhood.  When the toll roads first opened in the fall of 2006, the prices started trending upward, then they flattened out somewhat, with some tough economic factors at play.  Since the fall of 2010, the market has been very active again in this area.  As a fellow homeowner in Blackhawk, this stuff is important to me, too! 


Currently, there are 5 resale homes available on the MLS in the Fairways, with an average asking price of $235,760.  The average square footage for these homes is 2,700, for an average price per square foot of $88.55. 


Presently, there are 4 homes under contract in the subdivision, with an average listing price of $212,075 and an average square footage of 2,706, yielding an average price per square foot of $78.85. 


In 2010, there were 23 sales closed within the Fairways of Blackhawk.  The average listing price was $225,468, and the average sales price was $216,678, which means homes sold for 96.1% of the asking price.  The average square footage was 2734 s.f. for these.


 


OTHER AREA NEWS:


Located at the southwest corner of the intersection of the aforementioned toll roads (45 and 130) and about a half mile from Blackhawk, Stone Hill Town Center will eventually have over 1,000,000 square feet of shopping and entertainment.  Home Depot, Best Buy, SuperTarget, Verizon Wireless, Mattress Firm, Chick Fil-A, Bealls, Rack Room Shoes, Dick's Sporting Goods and several others are open now.  In May 2011, a new Cinemark theater and a 24-Hour Fitness are slated to open as well.


 


HOW TO REACH US:


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 Fairways 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 Austin real estate website at www.austintexashomes.com.  You can also reach me anytime on my cell phone at 512-796-7653 or via email at jason@austintexashomes.com.  Thanks for checking out this brief analysis!


 

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