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Avery Ranch Housing Market Report

Real Estate Market Report For: Avery Ranch Austin, TX


Introduction: Avery Ranch is master-planned community built on 1,800 acres located in Northwest Austin. The neighborhood consists of over 4,000 homes, a 226 acre golf course, and numerous recreational amenities. Home values range from the mid $100’s to $600,000+.

Inventory and Sales: Overall sales volume has remained relatively stable over the last three years with an absorption rate of just over 14 homes per month sold, and an inventory of just over 5 months worth of housing. While sales trends have remained steady, the number of sales over the last 12 months is about 9% lower year-to-date.

Distressed Sales and Listings: The total number of known distressed and/or foreclosure sales has also remained stable at around 6% of all transactions. While this number is slightly higher than the desired 5% or less, it is still below the 10% mark which is when foreclosures begin to negatively affect a market area.

New Homes and Construction: New home sales have made a bit of comeback over the last 12 months with 21% of all sales being new construction homes; this is an increase of 4.5% over last year. Predominant single family home sales over the past 12 months average between $204,000 – $248,000 but this number includes ALL SFR properties, including some of the smaller, less expensive town homes and condos.

Overall Market Conditions: The housing market in Avery Ranch continues to be stable, with no immediate signs of distress or indicators of declining values. Average Days on Market for well priced properties remains below 2 months, while list price to sales price ratios still remain strong at around 97-98%. This indicates that Realtors are doing a good job of pricing homes accordingly, and buyers are not finding the prices unreasonable. Finally, price per square foot for both typical and median ranges have remained virtually unchanged over the past 12 months.

This report was created utilizing data from the Austin MLS system, as input by local Austin Realtors. This report should be considered a “Macro View” of the market. Only single family housing trends have been analyzed and while they represent the majority of real estate sales in the market area, this report should not be considered all encompassing. If you would like a more precise analysis of a specific segment within this market area, feel free to give us a call!

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Austin neighborhoods we appraise

We provide real estate appraisals and related services to the following cities, towns and communities across the Austin metro area. We cover a large portion of Central Texas - if you don't see your area below, please call to confirm with one of our friendly staff.

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Anderson Mill | Bee Cave | Briafclif | Brushy Creek | Buda | Cedar Park | Creedmoor | Del Valle | Elgin | Georgetown | Hays | Hutto | Jollyville |
Jonestown | Kyle | Lago Vista | Lakeway | Leander | Manor | Mustang Ridge | Pflugerville | Point Venture | Rollingwood | Round Rock |
San Leanna | Shady Hollow | Sunset Valley | Webberville | Wells Branch | West Lake Hills

what customers like you say about our
Austin Property appraisal services

We stand behind our work and our customers have nothing but great things to say. Here are a few examples:

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Real Estate Appraisals Austin
4.8
Based on 45 reviews
Ed came out on short notice to measure a new home I was in the process of purchasing. He was professional and honest in his work. I found him online and it was not through my lender. I wanted an independent appraiser since the lender was connected to my builder. Definitely will use him again if I ever needed to. I was a first time home buyer and he was fair to me and helpful. Thank Ed!
Jennifer Nguyen
Jennifer Nguyen
The realtor that came out was very professional and thorough. I would recommend this service.
Nancy Crow
Nancy Crow
This company is contracted to my mortgage company for market appraisals to remove PMI. They contacted me right away and had the whole thing turned around in less than a week. Appreciate the speed and the quality of the service and would definitely recommend.
Jeanna Kozak
Jeanna Kozak
I was able to schedule an appraisal just two days after contacting the company. Likely this was a fluke, but it worked well for me! Our appraiser was a bit late, but that was the fault of the previous appointment. Once he arrived, he listened to everything we pointed out. Our appraisal was fair for our neighborhood we thought and the report arrived about 8 days after the appointment. We are happy and will recommend Real Estate Appraisals Austin to any others we know.
Leah L
Leah L
We used Real Estate Appraisals Austin and found them to be very professional, accommodating and efficient. Their work product was thorough and very well presented. We would definitely recommend them and would use them again.
Calvin Porter
Calvin Porter
I recently had a rental appraisal of my property. The appraiser showed up on time and did a thorough analysis. The report took a week, but it was very thorough. I am very happy with the appraiser and the report.
Karthik Manamcheri
Karthik Manamcheri
We recently used Real Estate Appraisals Austin to appraise a property we have owned over 15 years and have had multiple offers to sell. Michelle was very helpful and professional in coordinating with our property manager. She responds very quickly to calls or emails. Edward did a thorough appraisal and took the time to call and discuss details. I definitely would recommend this company to anyone considering an appraisal in Austin. The price was very reasonable, I felt, for the value we received.
Lorrie Coles
Lorrie Coles