As of today, October 19, 2007, there are 180 active, single-family home listings in Steiner Ranch.  The average price is $586,286, with the least expensive home being $225,000 and the highest being $3.6 million.  The average price per square foot is $158.  Steiner Ranch is pretty diverse, with many homes being in what one might call an average neighborhood setting.  Other homes are on a golf course and still others are on Lake Austin or at the top of a cliff high over Lake Austin.

 

So far this year, 267 single-family homes have sold in Steiner Ranch.  The average price has been $437,771 with the high and low being almost $1.56 million and $225,900 respectively.  On average, it took 70 days to sell a home. 

 

Since 9-15-07, 13 homes have sold in Steiner Ranch.  The average price was $373,290 with the average price per foot being $127.  The average days on market was 84.  As the market has changed quite a bit recently, let’s look at recent data compared to a year earlier.  Between 9-15-06 and 10-19-06, 19 homes sold in Steiner Ranch.  The average price was $463,021 and the average price per foot was $133.  The average days on market was 68.

 

What does this tell us?  This isn’t the best time to sell a house in Steiner Ranch, but it looks to be a great time to buy.  The “national” real estate market drop has affected Austin.  I really think it has more to do with negative press than anything else.  Austin is a vibrant and healthy community in economic terms.  People who read the headlines just assume Austin is like everything the read or hear in the news.  This simply isn’t true, but many buyers have quit looking.

Interested in seeing active listings in Steiner Ranch?  Click to see Steiner Ranch homes.  Want more information?  Call me at 512-293-2422 or email me.