Steiner Ranch in Austin, TX Real Estate Sales Data September 2010

Steiner Ranch, Austin Real Estate Values

A quick real estate market data update for the Steiner Ranch subdivision in Austin, Texas for the last 6 months:

• Between March 8th and September 8th, 2010, 179 homes have sold in Steiner Ranch.
• 125 homes are currently for sale and 34 are under contract.
• This gives an absorption rate of about 30 houses/month that sell.
• With 125 currently for sale, that gives just over 4 months of inventory of homes.

For the 179 homes that have sold:

• The highest selling price was $2,583,900 for a 7748 square foot home on 3 1/2 acres on the waterfront. This home was on the market for 978 days!
• The lowest selling price was $147,695 for a 2322 square foot home built in 1988 which sold in 320 days.
• The median selling price (half sold above, half sold below) was $409,000 for a 3350 square foot house.
• The median days on the market was 47.

For the 125 homes for sale in Steiner Ranch:

• The highest list price is $2,995,000 for a house with 5565 square feet that was built this year. This one has been on the market for 397 days.
• The lowest list price is $224,900 for a house that is 2135 square feet and was built in 1989. This one has been on the market for just 20 days.

Map of Steiner Ranch in Austin, TX

View Larger Map