How's the Market in Steiner Ranch - January 2017

Posted by Craig Smyser on Wednesday, January 11, 2017 at 4:02 PM By Craig Smyser / January 11, 2017 Comment

In this edition of “How's the Market in Steiner Ranch,” I review the December 2016 statistics. Below the video, you can find the same information in chart and text formats.

To view summary and detailed sales information for all Steiner Ranch neighborhoods, check out the Neighborhood Home Sale Data section of my website. If you are looking to buy or sell a home in Steiner Ranch, contact me via email or at 512-650-7300. Previous editions of How’s the Market in Steiner Ranch are also available. If you prefer to read instead of watch, here are the chart and transcript.
Greetings! I'm Craig Smyser with RE/MAX Capital City. Welcome to the January 2017 edition of "How's the Market in Steiner Ranch." This report will examine the December housing stats as the full year stats are in a separate version.

In December, 19 resale homes closed in Steiner Ranch which was down 13.6% from December 2015. The median price decreased 6.0% to $415,000. The average price of a home increased 3.9% to $481,072. The average price per square foot increased by 2.9% to $146.63. While I usually look at year-to-date figures, I will defer those numbers to the year-end report which you can find in the same place you found this one.

The number of available resale homes at the beginning of December was 54, down 14.3% from last December. To be clear, that does not include homes that are under contract.

Across Steiner, the December sales ranged from a low of $317,500 to a high of $948,375. The average sales price to list price ratio was 98.5%. For homes that closed in December, the average days on market was 57, up from 54 last December.

As always, my website allows you to look at summary and detailed data for each Steiner Ranch neighborhood, you can access that information here.

The December stats always get shortchanged a bit because the full-year numbers are much more interesting to examine. I invite you to check out that report in the same place you found this one.

If you have any real estate related questions, please don’t hesitate to contact me via email or at 512-650-7300. Thanks for reading “How’s The Market In Steiner Ranch.”

Statistics based upon information from ACTRIS for the periods cited.