Austin TX Real Estate - Hill Country Austin Lakeway Homes for Sale: Senna Hills Homes for Sale - Austin TX - 30% Sales Increase for 2011

Senna Hills Homes for Sale - Austin TX - 30% Sales Increase for 2011

Austin TX Real Estate is doing well, and there is no exception in Senna Hills, just West of Austin.  Senna Hills is in Travis County, outside any city limits, and feeds into the Exemplary schools of Eanes ISD.

Back in September 2011, I wrote a Market Report for Senna Hills that analyzed the year to date activity up to that time and compared it to 2010.  The market report below is going to analyze all of 2011 with all of 2010, and you'll be happily surprised with the results.

Here are two pie graphs showing the differences in the Days on the Market for 2010 vs 2011. (please note that only the blue and red represent the same time period and you can't just compare the colors, but look at the legend - technology...)

senna hills bee cave austin tx houses for sale  senna hills bee cave austin tx houses for sale    

 As you can see,  about the same percentage of homes for sale sold in under 30 days.  The biggest difference is that in 2010, 20.8% of homes sold between 31-90 days whereas in 2011, 38.8% of homes sold during this same time frame.  This means that less homes took longer than 120 days to sell in 2011. Great news!

Below are bar graphs that show the average sales price to the asking price.

  senna hills bee cave austin tx houses for sale  senna hills bee cave austin tx houses for sale

I would definitely give an opinion that home owners have become more realistic on their pricing. Back in 2010, the homes that sold the faster were selling at a mere 92.9% of asking price. In 2011, the houses in under 30 days sold for more than 98% of asking price!!  Again, GREAT NEWS for Senna Hills!!

In 2010, there were 24 closed sales in Senna Hills. In 2011, there were 31 closed sales. That's a sales increase of 30%.  More great news for Senna Hills home owners!  In Senna Hills in 2009, properties weren't moving very well because home owners were unrealistic with their pricing.  Things have turned around.

It's also important to note that in both 2011 and 2010, not a single sale was a foreclosure!!
  That's huge news!!  People think foreclosures are everywhere, because they watch the National News, but in actuality, they're not.

Across the board, the sales were "better" in 2011 vs 2010 for the home owners in Senna Hills Austin TX.

If you're looking to buy or sell in the Senna Hills neighborhood, or any other surrounding areas of Austin, please contact me today and we can evaluate the sales data in every detail other agents won't give you.

**Are You Packed Yet?**

donna harris Realtor Austin TX blog

Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com

Donna@DonnaHomes.com
austin-texas-homes-for-sale.com

Austin TX Real Estate and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way. 

For real time Austin TX listings,click here.

** Multi-Million Dollar Producer Year after Year **


Copyright© 2011 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.

* Senna Hills Homes for Sale - Austin TX - 30% Sales Increase for 2011 * was first published on donnahomesblog.com.

Comment balloon 14 commentsDonna Harris • January 19 2012 11:47AM

Comments

Just another positive marketing report and more news worth shouting to the world. 

Posted by Florida Tolbert Team Keller Williams Advantage, Keller Williams Land Division Specialist (Keller Williams Advantage III Realty in Lake Nona) over 6 years ago

Kevin, Thanks! Most people don't like reading market reports, but I don't just report numbers and stats. I explain them and give opinions so they're more worth reading. It's hard to argue with facts like above.

Posted by Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator (Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com) over 6 years ago

Donna, you do a great job with market presentation and evaluation of it...certainly one to model after too.  Lucky to have such a promising market for sure...

Posted by Ginny Gorman, Homes for Sale in North Kingstown RI and beyond (RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate) over 6 years ago

Donna fantastic job on your market report, It is great news that things are improving. the way you present the information is very eye catching and  very easy to understand for the public. Have a great day.

Posted by Scott Godzyk, One of Manchester NH's Leading Agents (Godzyk Real Estate Services) over 6 years ago

Ginny, Thank you and yes it's a good market!

Scott, Thank you, and I try to not confuse people with just numbers, but explain with words.

Posted by Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator (Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com) over 6 years ago

Donna, another example of a great market report.  We are fortunate to live and work in the great State of Texas.

Posted by Sharon Parisi, Dallas Homes (United Real Estate Dallas ) over 6 years ago

Excellent job on your market report, Donna! I love the colors & it tells it's own story! Awesome!

Posted by Kristin Moran, San Antonio,TX - Real Estate - 210-313-7397 (Owner - RE/MAX Access - KristinMoran@Remax.net) over 6 years ago

Wow. Now that's a full blown market report. Tons of consumer info and awesome graphs. I am inspired.

Posted by Ellie McIntire, Luxury service in Howard County & Catonsville (Ellicott City Clarksville Howard County Maryland Real Estate) over 6 years ago

Donna great market report for your area.  So good to hear such positive numbers. And wow - not one foreclosure. You are all very fortunate in your neck of the woods.

Posted by Anna Banana Kruchten CRB, CRS 602-380-4886, Arizona's Top Banana! (Phoenix Property Shoppe) over 6 years ago

Sharon, I know, right!

Kristin, Thanks!

Ellie, This is what I was wanting people to do for the "challenge" but it didn't work out that way...

Anna, There are a few in other neighborhoods, but this particular neighborhood, in the $350-700k price range doesn't have any.

Posted by Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator (Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com) over 6 years ago

Excellent information Donna! It's always good to hear good news every once in a while in this market.

Posted by Goran Utvic, We Buy & Sell Chicago Houses Fast (606 Homes LLC | Chicagoland Brokers Inc, Chicago IL 60656) over 6 years ago

YOu know a 30% sales increase without too much of a price decrease is a great indication of the future.  Good luck.

Posted by Florida Tolbert Team Keller Williams Advantage, Keller Williams Land Division Specialist (Keller Williams Advantage III Realty in Lake Nona) over 6 years ago

Donna,  You are undoubtedly the Queen of Market Reports.  You have done another exceptional job.  Congrats on the well deserved Feature Post!

Posted by Kathleen Daniels, San Jose Homes for Sale-Probate & Trust Specialist (KD Realty - 408.972.1822) over 6 years ago

It looks like things are turning around in your area! This is great!

Tatyana.

Posted by Tatyana Makarov, Your Greater Hartford Area Realtor (Coldwell Banker Residential Brokerage) over 6 years ago

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