In this edition of “How’s the Market in Horizon Park,” I discuss the March sales statistics and I invite you all to my free workshop, “How to Protest Your Property Tax Assessment.” Below the video, you can find the same information in chart and text formats.
To view summary and detailed sales information for Horizon Park and surrounding neighborhoods, check out the Neighborhood Home Sale Data section of my website. If you are looking to buy or sell a home in Horizon Park, contact me via email or at 512-650-7300. Previous editions of How’s the Market in Horizon Park are also available. If you prefer to read instead of watch, here are the chart and transcript.
|March 2016||March 2015||Change|
|Number of Homes Sold||5||3||66.7%|
|Median Sales Price||$199,900||$174,700||14.4%
|Average Sales Price||$202,930||$174,567||16.3%
|Average Price Per Square Foot||$110.97||$104.03||6.7%
|Sales Price to List Price Ratio||100.75%||100.16%||0.6%
|Days on Market||6||3||100.0%|
|Low Sales Price||$172,000||$174,000|
|High Sales Price||$242,750||$175,000|
|10/2015 - 03/2016||10/2014 - 03/2015||Change|
|Number of Homes Sold||19||22||-13.6%|
|Median Sales Price||$195,000||$174,850||11.5%
|Average Sales Price||$200,939||$182,645||10.0%
|Average Price Per Square Foot||$104.34||$96.59||8.0%
|Sales Price to List Price Ratio||99.69%||99.88%||-0.2%
|Days on Market||20||29||-31.0%|
Greetings! I’m Craig Smyser with RE/MAX Capital City. Welcome to the April 2016 edition of “How’s the Market in Horizon Park.”
In March, 5 homes closed in Horizon Park which was up 67% from 3 last March. The median price increased 14.4% to $199,900. The average price of a home (SLIDE) increased 16.3% to $202,930. The average price per square foot increased by 6.7% to $110.97. In order to get a better picture of the market, let’s look at the last six months and compare it to the corresponding six-month period from a year earlier. The number of homes sold during that time was 19, down 13.6% from the same time period a year prior. Not too bad considering there were zero sales during the last two months. The median price of a home increased 11.5% to $195,000. The average price increased by 10.0% to $200,939. The average price per square foot increased by 8.0% to $104.34. Across all three measures, it is consistent to say that Horizon Park values are up about 10% from last year.
Across Horizon Park, the March sales ranged from a low of $172,000 to a high of $242,750. The average sales price to list price ratio was 100.75%. For homes that closed in March, the average days on market was 6. These last two stats clearly demonstrate that the market in Horizon Park is very strong right now. If you’ve been thinking of selling your house, contact me today to get started.
Next month, I’ll be hosting my annual, free, workshop “How to Protest Your Property Tax Assessment.” If you think your property tax assessment is too high, come by to learn about the protesting process, deadlines, and expectations for success. All attendees will receive sales information that can be used to protest. The workshop will take place May 10th at 7:00pm, at Pleasant Hill Elementary in the cafeteria. While the assessment notice may say the deadline is May 2nd, that is before the state-mandated deadline of May 31st so you have much more time to file your protest than the notice indicates. Though I’ve held these workshops for seven years, this is the first one I am doing in Horizon Park. If you are thinking of protesting your taxes, this is the place to find out what to do and get the data to help you do it.
As always, my website allows you to look at summary and detailed data for each home in Horizon Park. Simply go to HousesInLeander.com and click Search Sold Data link under the Search Homes tab.
If you have to buy or sell this year, I would greatly appreciate the opportunity to earn your real estate business. You can contact me at 512-650-7300 or Craig@HousesInLeander.com. Thanks for reading “How’s The Market In Horizon Park.”
Statistics based upon information from ACTRIS for the periods cited.