South & Southwest Austin: Tanglewood Forest Homes for Sale Market Snapshot 2/23/2009

The average days on market for homes selling in Tanglewood Forest shoots down to just 30 days! Gloom and doom in the media are making a great real estate investment environment even better. Some kind of stimulus is coming, will it stimulate local home sales? Congress is still fidgeting with the Home Buyer Tax Credit, it started as $7,000 then went to $15,000 then back down to $8,000. Where it all stops nobody knows.

But we do know this:  According to Builder magazine five Texas cities swept the top spots on the magazine’s list of “Healthiest Housing Markets for 2009.”

Houston ranked first, Austin second, Fort Worth third, San Antonio fourth and Dallas fifth. More importantly, Tanglewood Forest Homes are selling. The numbers look like this…

6 homes for sale  

  • Median asking price = $197,449
  • Median square footage = 1858

3 homes currently under contract 

  • Average asking price = $171,300
  • Average square footage = 1833

Homes SOLD in last 30 days 

  • 4 homes sold
  • Average sales price = $163,225
  • Average square footage = 1381
  • Average days on market = 30.25

Preview all available Tanglewood Forest Homes For Sale online.

If you would like to see any one or more of them up close and in person, call or email me and I’ll be happy to set up an appointment when it’s convenient for you to view the home or homes that really catch your eye.

Posted by Tim Tole, your Southwest Austin Realtor®,Keller Williams Realtors in Austin, Texas, and specializing in residential and investment properties in south and southwest Austin. Email Tim at tim@timtole.com, or call for a free evaluation of what your home should sell for in today’s market.

512-297-8534.