How's the Market in Steiner Ranch - January 2019

Posted by Craig Smyser on Wednesday, January 9, 2019 at 12:00 PM By Craig Smyser / January 9, 2019 Comment

In this episode of “How’s the Market in Steiner Ranch,” I review the December 2018 sales statistics for Steiner Ranch. Watch the year-end report for the annual Steiner Stats. 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 2019 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, 18 resale homes closed in Steiner Ranch which was down 18.2% from December 2017. The median price decreased 4.7% to $455,250. The average price of a home decreased 12.2% to $472,306. The average price per square foot decreased by 0.4% to $156.87. While I usually look at year-to-date figures, I will defer those numbers to the year-end video which you can find in the same place you found this one.
The number of available resale homes in early December was 36, down 39.0% 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 $315,000 to a high of $750,000. The average sales price to list price ratio was 97.8% For homes that closed in December, the average days on market was 49, down from 90 last December.
As always, my website allows you to look at summary and detailed data for each Steiner Ranch neighborhood. Simply go to RealEstateInAustin.com and click on the big red “Search Sold Data” button towards the bottom of the page.
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 call me at 512-650-7300 or email me at [email protected]. Thanks for reading “How’s The Market in Steiner Ranch.”
Statistics based upon information from ACTRIS for the periods cited.