Lakeway Homes For Sale Sold in June 2011

In Lakeway, from 6/1/2011 to 6/30/2011   27 homes were sold ranging in price from a low of $113,000  all the way up to $1,100,000  with an average sales  price of $405,972  and a median sales price of $357,500 .  The average price per square foot for a Lakeway home for sale was $143.63  with a range from a low of $82.42  up to $273.50  per square foot.  The sales price averaged 96.17% of the list price for homes sold in Lakeway.  In other words this is the average percentage homeowners had to reduce the sales price from the current listing price to achieve the sale of their Lakeway home.  The average number of days on the market was 72 with the fastest sale taking 5 days.  The home on the market the longest before being sold was listed for 430 days.  The most recent sale prices are the best way to determine the value of a home you may want to sell or purchase.  However, values vary greatly based on neighborhood, location, condition and many other factors.  If you would like assistance in determining the value of a home please feel free to contact Kelley Menefee at 512-736-0822 or visit us at Austin Homes For Sale.  The data above was pulled from the Austin Area Board of Realtor’s multiple listing service.

Market Analysis Report
Property Type: Residential Status: Sold Number of Properties: 27
Beds Baths SqFt Listing Price LP/SqFt Selling Price SP/SqFt
High 4 5 4,755 $1,200,000 $298.36 $1,100,000 $273.50
Low 2 1 1,371 $139,000 $85.42 $113,000 $82.42
Average 3 3 2,745 $422,349 $149.40 $405,972 $143.63
Median 3 3 2,689 $375,000 $139.46 $357,500 $136.25