As a seven-year resident of the Blackhawk area and a 13-year resident of Pflugerville, I like to keep an eye on the market values here in the area. When the toll roads opened about a year ago, the prices started trending upward and they have flattened out somewhat since then, with some tough economic factors at play. As a fellow homeowner in Blackhawk, this stuff is important to me, too!
Currently, there are 11 resale homes available on the MLS in the Fairways, with an average asking price of $231,252. The average square footage for these homes is 2,724, for an average price per square foot of $86.05.
Presently, there are 4 homes under contract in the subdivision, with an average listing price of $247,747 and an average square footage of 2,849, yielding an average price per square foot of $86.96.
Over the past three months (June through August 2008), there were 11 sales closed within the Fairways of Blackhawk. The average listing price was $226,188, and the average sales price was $220,286, which means homes sold for 97.4% of the asking price. The average square footage was 2920 s.f. for these.
In other area news:
Located at the southwest corner of the intersection of the aforementioned toll roads (45 and 130), Stone Hill Town Center is slated to fully open within a few months, and it promises roughly 1,000,000 square feet of shopping and entertainment. Home Depot, Best Buy, SuperTarget, Verizon Wireless, Mattress Firm, Chick Fil-A, Bealls, Rack Room Shoes, Dick’s Sporting Goods and several others are open now!
To read more details about this center and to see a list of stores and restaurants, check out my recent article here:
If you would like to see the entire layout, you can visit the developer’s website and see the site plan here:
If you are a consumer living in another area around Austin and you are interested in seeing the trends in your particular neighborhood, please don’t hesitate to contact me, and I can create a custom report for you. All of my contact information is below.
If you are considering selling your home in the Fairways of Blackhawk (or anywhere in the general Austin area), please feel free to give me a call. I would love the opportunity to help you get it sold quickly. Also, You can visit my primary Austin real estate website at www.austintexashomes.com. You can also reach me anytime on my cell phone at 512-796-7653 or via email at email@example.com. Thanks for checking out this brief analysis!