South & Southwest Austin: Tanglewood Forest Homes for Sale Market Snapshot 3/31/2009 Tanglewood Forest

This is the tale of the new Spring tape.  Thus far into the new year, our absorption rate sits at .20.  

With two to three homes selling per month, and ten homes currently available, that leaves us with five months inventory.  Which of these homes will still be sitting for sale in 5 months, and which will sell quickly in below average market time?  The most important thing you can do is contact someone who knows the neighborhood better than anyone else.

The neighborhood numbers look like this in Tanglewood Forest…

10 homes for sale  

  • Median asking price = $173,400
  • Median square footage = 1646

2 homes currently under contract 

  • Average asking price = $164,700
  • Average square footage = 1504

Homes SOLD in February - March 

  • 4 homes sold
  • Median sales price = $175,250
  • Median square footage = 1641.5
  • Average days on market = 25.75

See them now. Preview 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.

If you are ready to list your home, call or email today.

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 your home’s value in today’s market. 512-297-8534.

 

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