Fairways of Blackhawk - Pflugerville Texas - Market Snapshot - 1st Quarter 2009

By
Real Estate Agent with Austin Texas Homes, LLC 453249

As a six-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 two years ago, the prices started trending upward and they have continued to appreciate overall, although more slowly right now, with some tough economic factors at play.  As a fellow homeowner in Blackhawk, this stuff is important to me, too!

Currently, there are 12 resale homes available on the MLS in the Fairways, with an average asking price of $237,104.  The average square footage for these homes is 2,737, for an average price per square foot of $88.74.  

There are 6 homes under contract presently in the subdivision, with an average asking price of $211,695, and an average size of 2,691 ($78.67/square foot).

Over the past quarter (January 1st through today), there were only 2 sales closed within the Fairways of Blackhawk.  With such a small sample set, averages wouldn't really mean much in this case.

 

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 now partially open, and it promises over 1,000,000 square feet of shopping and entertainment upon completion.  Home Depot, SuperTarget, Best Buy Verizon Wireless, and Mattress Firm are now open, soon to be followed by Bealls, Dick's Sporting Goods, several retail clothing stores, Chick Fil-A, and much more. 

For more thorough information and a plat of the development, visit http://docs.newquest.com/brochures/stonehill.pdf

If you are 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.  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 jason@austintexashomes.com.  Thanks for checking out this brief analysis!

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If you're looking for a home in the Austin area, you can also visit my primary website at www.austintexashomes.com.  Thanks!

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Rainmaker
459,297
Alexander Harb
Knights Investing - Mesquite, TX
Dallas, Texas Real Estate Investing

I am so glad you are putting these posts in the "Christianity and Real Estate Group Premiere Blog", Jason....... it's nice to see the blog grow.....

=-)

Mar 28, 2009 11:55 PM #1
Rainmaker
913,497
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Jason nice work keeping folks informed on what is happening in The Fairways of Blackhawk market!

Mar 29, 2009 06:56 AM #2
Rainmaker
1,106,099
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Jason -- a very well written and informative report.  I hear things are not so bad in Texas!  I find the national news is very general and at times does not paint an accurate picture of what is happening in a particular area.

Mar 29, 2009 10:15 AM #3
Rainmaker
1,480,132
Rebecca Gaujot, the GO TO REALTOR
Coldwell Banker Stuart & Watts Real Estate - Lewisburg, WV
Lewisburg WV Real Estate, Greenbrier County

Jason,,,I like this localism post. i am working on one for WV..Greenbrier County.

Mar 29, 2009 10:56 AM #4
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Jason Crouch

Broker - Austin Texas Real Estate (512-796-7653)
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