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Kelley Menefee, Realtor
Cell 512-736-0822
Office 512-410-6850
FIVE STAR Agent 2012

KelleySellsAustin@gmail.com

The Home Search Team

Kimber Montgomery, Realtor
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KimberSellsAustin@gmail.com

Archive for Lakeway

Lakeway Home Sales 2011

by Kelley Menefee
January 9th, 2012

Lakeway Home Sales for all of 2011.

In Lakeway, from 1/1/2011 to 12/31/2011   190 homes were sold ranging in price from a low of $113,000  all the way up to $3,600,000  with an average sales  price of $395,146  and a median sales price of $323,250 .  The average price per square foot was $135.59   ranging from a low of $74.57  up to $428.52  per square foot.  The sales price averaged 92.25% of the original list price for homes sold in Lakeway.  In other words this is the average percentage homeowners had to reduce the price from their original listing price to achieve the sale of their home.  The average number of days on the market was 92 with the fastest sale taking 0 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 request a free no obligation Market Analysis.  The data above was pulled from the Austin Area Board of Realtor’s multiple listing service.  Analysis provided courtesy of MyFreeHomeSearches.com.

Categories Lakeway

Lakeway Homes Sold Days on Market January thru June 2011

by Mark Menefee
August 17th, 2011

Between 1/1/2011 and 6/30/2011 98 Lakeway homes were sold.  Homes sold in 30 days or less accounted for 40.82% of the sales and sold for 96.97% of the average advertised price.   Below is a chart providing more details about the average days on the market for Lakeway homes for sale.  The chart includes the number of properties sold, days on the market, and the Average sales price to the advertised or listed price.  Generally, the longer a property the more you are going to have to drop the price.  It is better to price the property appropriately upfront and move it.  Otherwise you may end up holding the property for an extended period and not receive any higher price.

0-30 Days 31-60 Days 61-90 Days 91-120 Days 120+ Days
No. of Listings 40 14 10 10 24
Breakdown % 40.82% 14.29% 10.20% 10.20% 24.49%
Avg % SP/LP 96.97% 96.85% 95.90% 95.03% 94.57%
Categories Lakeway

Lakeway Homes for Sale as of 8/16/2011

by Mark Menefee
August 16th, 2011

Currently there are 119  Lakeway homes for sale.

These properties have been active on the market an average of 123 days with the oldest property having been on the market 475 days.  The current average listed price for a Lakeway home for sale is $568,899  or $170.01  per square foot.  The median price is $449,500  with a median price per square foot of $149.16 .  The average number of square feet for a home listed for sale in Lakeway is 3,146 square feet.  Generally the smaller the home, the higher the price per square foot for homes in similar condition in the same general location.  This does not always hold true, especially when you get into the luxury home market with many custom features or high end amenities.  The prices for homes currently active on the market range from a low of $199,900  to a high of $3,200,000 .  Prices range from $90.88  to $490.87  per square foot.  The best guide to home value is from actual home sales.  Check out our other blog posts that provide recent sales data.  If you would like assistance in locating a home or determining the value of a home please feel free to contact Kelley Menefee at 512-736-0822 or request a free no obligation Market Analysis.  The 25 most recently listed Lakeway homes for sale can be viewed here.  The data above was pulled from the Austin Area Board of Realtor’s multiple listing service.  Analysis provided courtesy of  MyFreeHomeSearches.com.

Categories Lakeway

Lakeway Home Statistics For Active Listings – August 2011

by Mark Menefee
August 11th, 2011

Currently there are 122 properties active on the market in Lakeway, Texas.  These properties have been active on the market an average of 118 days with the oldest property having been on the market 470 days.  The current average listed price for an Austin home for sale is $561,817  or $169.11  per square foot.  The median price is $449,250  with a median price per square foot of $150.01 .  The average number of square feet for a home listed for sale in Lakeway is 3,123 square feet.  Generally the smaller the home, the higher the price per square foot for homes in similar condition in the same general location.  This does not always hold true, especially when you get into the luxury home market with many custom features or high end amenities.  The prices for homes currently active on the market range from a low of $212,000  to a high of $3,200,000 .  Prices range from $89.08  to $490.87  per square foot.  The best guide to home value is from actual home sales.  Check out our other blog posts that provide recent sales data.  If you would like assistance in locating a home or determining the value of a home please feel free to contact Kelley Menefee at 512-736-0822 or request a free no obligation Market Analysis.  Analysis provided courtesy of  MyFreeHomeSearches.com.  The above statistics were pulled on August 11, 2011 from the Multiple Listing Service for homes listed for sale in Lakeway, Texas.  Condos, townhomes, and mobile homes are not included in these statistics.

Categories Lakeway

Lakeway Home Sales July 2011

by Mark Menefee
August 9th, 2011

In Lakeway, from 7/1/2011 to 7/31/2011   19 homes were sold ranging in price from a low of $159,900  all the way up to $810,000  with an average sales  price of $366,563  and a median sales price of $345,000 .  The average price per square foot for a Lakeway home for sale was $135.72  with a range from a low of $85.55  up to $194.62  per square foot.  The sales price averaged 96.78% 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 77 with the fastest sale taking 0 days.  The home on the market the longest before being sold was listed for 237 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 request a free no obligation Market Analysis to learn the true value of your home.  The data above was pulled from the Austin Area Board of Realtor’s multiple listing service.

Categories Lakeway

Lakeway Home Sales June 2011

by Mark Menefee
July 5th, 2011

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

Categories Lakeway

Lakeway Home Sales May 2011

by mmenefee
June 4th, 2011

Lakeway Homes for Sale Sold in May 2011

In Lakeway, from 5/1/2011 to 5/31/2011   24 homes were sold ranging in price from a low of $180,000  all the way up to $910,000  with an average sales  price of $356,005  and a median sales price of $314,050 .  The average price per square foot for a Lakeway home for sale was $129.12  with a range from a low of $74.57  up to $192.02  per square foot.  The sales price averaged 95.52% 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 67 with the fastest sale taking 2 days.  The home on the market the longest before being sold was listed for 348 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.

Categories Lakeway

Lakeway Home Sales for 2010

by mmenefee
January 13th, 2011

Lakeway Homes for Sale Sold for All of 2010

In Lakeway, from 1/1/2010 to 12/31/2010   190 homes were sold ranging in price from a low of $140,000  all the way up to $1,500,000  with an average sales  price of $406,633  and a median sales price of $338,000 .  The average price per square foot for a Lakeway home for sale was $136.74  with a range from a low of $54.59  up to $271.39  per square foot.  The sales price averaged 95.96% 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 100 with the fastest sale taking 1 days.  The home on the market the longest before being sold was listed for 657 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.

Categories Lakeway

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