In this edition of “How’s the Market in Horizon Park,” I discuss the opportunities to be an owner of an investment property in Horizon Park. 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.
|January 2016||January 2015||Change|
|Number of Homes Sold||0||3||-100.00%|
|Median Sales Price||n/a||$178,000||n/a|
|Average Sales Price||n/a||$192,083||n/a
|Average Price Per Square Foot||n/a||$82.16||n/a|
|Sales Price to List Price Ratio||n/a||96.03%||n/a|
|Days on Market||n/a||41||n/a|
|Low Sales Price||n/a||$163,250|
|High Sales Price||n/a||$235,000|
|08/15 thru 01/16||08/14 thru 01/15||Change|
|Number of Homes Sold||28||25||12.00%
|Median Sales Price||$194,949||$184,900||5.43%
|Average Sales Price||$198,278||$183,765||7.90%
|Average Price Per Square Foot||$101.90||$93.47||9.02%
|Sales Price to List Price Ratio||99.30%||98.97%||0.33%
|Days on Market||20||25||-20.00%|
Greetings! I’m Craig Smyser with RE/MAX Capital City. Welcome to the February 2016 edition of “How’s the Market in Horizon Park.”
In January, absolutely no homes closed in Horizon Park. Zero. Zilch. Nada. This is only the second time in the last four years that there has been a shutout month. Therefore, it doesn’t make any sense to review the comparisons because they are useless. I thought about going over the past six months, but having just completed the year end numbers last month, I will defer you to that edition if you haven’t already viewed it. If you want to take a look, you should find it in the same place you launched off this video.
So let’s that this opportunity to talk a bit about rental property in Horizon Park. Approximately 25% of all homes in the neighborhood are owned by investors. It is an attractive neighborhood for investors because of the good schools, price point, and rental rates. Some of the investment property is owned by residents of Horizon Park, but most is owned by absentee owners. If you’re a homeowner in Horizon Park who is interested in possibly owning an investment home in the neighborhood, contact me and I will be happy to sit down with you to discuss the good, the bad, and the ugly of owning investment real estate so you can decide if it is right for you. If you are one of the absentee owners, I want to let you know that I provide full service property management or I can find you a tenant without management services. I’d be happy to help in any way I can.
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.