Updated stats as of August 2011 are out (real estate stats lag almost 2 months behind today's date due to transactions being closed but not reported immediately). Of all areas the Lake South (LS per Multiple Listing Service/MLS definition) earns top honors with;
$42,814,945 for sold volume with 98 sales
Average price of $436,887
This area makes up 8.03% of the volume in the market during August which is at the top.
The area has 4.63% of the sales.
The only other areas that come close to percentage of sales is parts of Cedar Park and parts of Round Rock.
I am a fan of Lake South (also loosely referred only as "Lakeway" but there are other neighborhoods like Flintrock, Apache Shores and more), LS per MLS. True this area has a wide price range of homes and is a big area but this area has a complete package. Public Schools are great from K through Senior H.S.. Homes are newer and amenities are established all along 620 (sometimes set back so you have to look while driving by) not to mention a football program that is proving to be a state powerhouse and it is close to a lake when we get rain.
Friday, October 7, 2011
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