Legend Oaks - January 2011 Market Update

Legend Oaks is located in Southwest Austin and is a peaceful place to call home. From the tree lined neighborhood streets, nearby shopping and eateries and being a hop, skip and a jump to several major employers - you'll love this cozy pocket in Austin.
As I write this post, there

• are 12 homes currently available for sale, with an averageasking price of $271,846. The average square footage for these homes is 2,454, for an average price per square foot of $113.49.
• are 4 homes under contract, with an average listing price of $251,747. The average square footage for these homes is 2,540, for an average price per square foot of $101.48.
• were 4 homes sold in the month of January 2011. The average listing price was $257,450 and the average sales price was $257,362. This means thathomes sold for 99% of their list price. This number does not account for any seller-paid closing costs, nor does it include anyprice reductions.
• The average number of days on the market for homes that sold in January 2011 was 8.

To search available Legend Oaks homes visit my Austin Real Estate Interactive Property Map.

In order to gain a better understanding of what your Legend Oaks home is worth Contact Me on my Austin Real Estate website . 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 visit my Austin Texas Real Estate Website.