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Austin Housing Market, Walsh Trails, Fresh Coffee & Donuts at Gehan’s Model Home!!!

Posted on 28. Sep, 2012 by in Gehan

Hi All,

Austin Real Estate Market: August 2011 vs August 2012

  • $663,700,536 – Total dollar volume of single-family properties sold, 30 percent more than August 2011
  • $212,000 – Median price for single-family homes, 6 percent more than August 2011
  • 2,397– Single-family homes sold, 21 percent more than August 2011
  • 61 – Average number of days that single-family homes spent on the market, 18 days less than August 2011
  • 2,740 – New single-family home listings on the market, 15 percent more than August 2011
  • 7,262 – Active single-family home listings on the market, 17 percent fewer than August 2011
  • 2,207 – Pending sales for single-family homes, 23 percent more than August 2011
  • 4.0 – Months of inventory of single-family homes, 1.7 months less than August 2011

Extremely low mortgage rates and a strong local job market continue to drive buyers to compete for a very small inventory homes.  Any market with less than 6 months of inventory is a seller’s market, and the Austin market is down to only 4 months! With such a strong demand for so few homes, prices are increasing  in most neighborhoods. Above information was provided by Lisa and Jack Hill – Realtors.

Walsh Trails is almost Sold Out!!! At Gehan Homes, we have 4 more beautiful home sites including one on the Creek plus 4404 & 4500 Zacharys Run both on greenbelt with trees.  We also have two beautiful one story  homes available for quick closing (306 Walsh Hill & 4502 Zacharys Run) and the popular Stanford Model that now is on the market for sale.  Please stop by and tour these homes and let your family and friends know about limited homes available at WT just in case they like to move close to you.

I have been busy selling Gehan Homes for the past 1.5 year, getting to know many wonderful people & helping the most amazing families to call Walsh Trails, HOME!  Our Model Home is open to everyone if you like to plan an activity or meeting outside your home, while it’s not sold.  Email me with your inquries at: sgulati@gehanhomessales.com Office number: 512-238-8202.

As of August 20th, Gehan Homes have introduced new included features; updated floor plans & the most amazing new Elevations to include all stone and stucco, as well.  Our prices have gone up and I have been able to use homes at Ranch @ Brushy Creek as comparable for our appraisal.

Please stop by by our Model Home every Saturday (10:00 am-11:00 am)  October 6 – October  20 for fresh Coffee and Donuts! I will tell you what’s all happening with the homes, at Walsh Trails!

Looking forward to visiting with you, soon!

Seema

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