Oak Creek Park - Austin Texas - Second Quarter 2010 Market Report

The Oak Creek Park (or Oak Park as local commonly refer to it) is a quiet, established subdivision in Southwest Austin that is partially surrounded by the Brodie Wild Preserve, with walking distance to Bowie High School.

As I write this post, there

• are 7 homes currently available for sale, with an average asking price of $260,014. The average square footage for these homes is 2,488, for an average price per square foot of $105.99.
• are 2 homes under contract, with an average listing price of $244,950. The average square footage for these homes is 2,226 for an average price per square foot of $111.18.
• were 3 homes sold within the last three months (April to June 2010).The average listing price was $304,800 and the average sales price was $294,167. This means that homes sold for 96.5% of their list price. This number does not account for any seller-paid closing costs, nor does it include any price reductions.
• The average number of days on the market for the second quarter (April to June 2010) was 70.

To search available Oak Creek Park homes visit my Austin Real Estate Interactive Property Map.

Keep in mind, these are neighborhood averages. In order to obtain an accurate estimate on what your home is worth - it is best to speak with a local real estate agent to ensure your comparison is based on apples to apples, not apples to oranges (i.e. one story homes within the same square footage should be compared to other one story homes within the same square footage, not compared to two story homes with much more or less square footage).

To obtain an accurate estimate on what your home is worth - give me a call (512) 743-9060 or visit my Austin Texas Real Estate Website.