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Maple Run Housing Market Report

Real Estate Market Report For: Maple Run Austin, TX 78749


Introduction: The neighborhood of Maple Run is an older South West Austin community established in the mid to late 1980’s. Located between Williams Cannon Dr. and Davis Ln., and just minutes off of the MoPac ExpressWay, Maple Run is a great location for young professionals or first time home buyers looking to live within 15 minutes of downtown Austin. This location also places you near several parks and recreational areas including Longview Park and the Barton Greenbelt.

Inventory and Sales: Overall sales volume has only declined slightly over the last three years with an absorption rate of around over 7 homes per month sold, and an inventory of just over 3 months worth of housing. We typically see around 70 – 80 homes sale per year in Maple Run but trends suggest that the 2012 year may show increased sales and values for the neighborhood.

Distressed Sales and Listings: Unfortunately a string of foreclosures over the last year have created a bit of concerning regarding the neighborhoods health and home values. Further analysis shows that there were three foreclosures in 2009, none in 2010, three in 2011 and we’ve seen two already in 2012. Since these numbers are still well below the 10% foreclosure rate that it usually takes to start negatively impacting property values, this is considered a “stable” market condition.

New Homes and Construction: Newly built homes are not present in Maple Run. Most homes were constructed between 1981 and 1998 with the predominant age of homes sold being between ’83 and ’89.

Overall Market Conditions: The housing market in Maple Run has shown to be cautiously stable with only slight decreases in sales volume and median sales prices since 2009. As mentioned, 2012 is shaping up to be a great year for the neighborhood with home values on the rise, days on market decreasing and number of homes sold already roughly half the volume of the previous year. List price to Sale Price Ratios are around 97.5%, slightly above the 97% average for most homes. This displays the fact that both Realtors are doing a good job of pricing homes accurately for the market and that buyers are willing to pay near original asking price for most homes.

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