2011 is behind us, and a new year has begun! Time to provide a quick January pulse read on Steiner Ranch.
How did Steiner Ranch real estate fair? While greater Austin remained flat (as previously reported, flat is good in current real estate sales terms...most of the country would like this status), Steiner Ranch picked up speed.
From 2010, average price per square foot increased from $125 to $128. Also, average days on market was reduced by 8 days down to 65 days.
Home prices in Steiner Ranch start in the mid $200,000s and go up to the million mark.
(these stats only reflect inventory reported in the Austin Multiple Listing Service)
And the community is still growing. Through the third quarter of 2011, Steiner Ranch ranked 4th most active subdivision within Austin by annual starts in new home construction with 184.
Source: Metrostudy
There are less than 100 lots for single family residences to build on before the community is complete.
Also, please note, the Welcome Center is now closed.
The new year will also bring new shopping options in Steiner Ranch. Located at the entrance to Steiner Ranch, Quinlan Crossing shopping center will feature 163,000 square feet of retail space. And plenty of parking. Secured retailers to date include Randall's grocery store with a Starbucks inside the store, Great Clips hair salon, Coffee Bean & Tea Leaf, Steiner Ranch Wine and Liquor, among others. Quinlan Crossing is scheduled to open in late March.
It would be my pleasure to show you around this award-winning master planned community, open some doors, and discuss current home market values.
Happy New Year! It promises to be a good one!
Full-time residential real estate agent: Jenny Rosas, rosasjen@earthlink.net, 512-568-0483
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