Pflugerville, TX

As a five-year resident of the Meadows of Blackhawk, I like to keep an eye on the market values here in our neighborhood. When the toll roads opened about a year ago, the prices started trending upward and they continue to appreciate. As a fellow homeowner, this is important to me, too!

Currently, there are 12 homes available in the Meadows, with an average asking price of $234,951. The average square footage for these homes is 2,730, for an average price per square foot of $86.51.

Presently, there are 7 homes under contract in the subdivision, with an average listing price of $217,278, and an average square footage of 2,788, yielding an average price per square foot of $77.93. There was one very low listing price (about $65/s.f.) which brought down the average a bit.

Over the past quarter (September through December 2007), there were 11 sales closed within Meadows of Blackhawk. The average listing price was $218,908 and the average sales price was $212,721. This means that homes sold for approximately 97.2% of the list price. The average number of days on the market was 57, which is about 20 days less than the average for the Austin MLS. The square footage of the homes sold averaged 2,661, and the price per square foot for the sales was $81.07.

In other area news:

Located at the intersection of the aforementioned toll roads (45 and 130), Stone Hill Town Center is slated to open within a few months, and it promises over 1,000,000 square feet of shopping and entertainment. Home Depot, Best Buy, Chili's, several retail clothing stores, a large Cinemark theater, and a fitness center are among the anticipated tenants.

If you are considering selling your home in the Meadows of Blackhawk (or anywhere in the general Austin area), please feel free to give me a call. I would love the opportunity to help you get it sold quickly. You can visit my primary website at www.austintexashomes.com. You can also reach me anytime on my cell phone at 512-796-7653 or via email at jason@austintexashomes.com. Thanks for checking out this brief analysis!

As a 13-year resident of Pflugerville, Texas (located immediately adjacent to north Austin), I have seen a lot of growth occur here over the years. I remember doing a real estate marketing piece in 1997, which was my first year in the business. That year, they had recently replaced the population sign for our town, which used to read 4,444. I believe this was for the 1990 census figures. As I recall, the population then was around 11,000, so I was happy to point to our growth as a sign of things to come.

In 2000, the population was around 16,500, and it has since increased by more than 100% since then, to over 35,400 this past year.

Projected growth shows Pflugerville doubling again over the next decade, and tripling in size by 2025.

Many people are not aware that the popular television show "Friday Night Lights" is filmed right here in town. Fictional Dillon, Texas is actually Pflugerville. In fact, they even use the same mascot name, the Panthers. The real life Panthers recently competed in the Texas State High School Championship game.

With the advent of two new toll roads that converge about 1.5 miles from my home, we are now able to get just about anywhere of interest for shopping within 10-15 minutes, and my commute time to my office in west Austin was cut from 40 to about 26 minutes.

Located at the intersection of the aforementioned toll roads (45 and 130), Stone Hill Town Center is slated to open within a few months, and it promises over 1,000,000 square feet of shopping and entertainment. Home Depot, Best Buy, Chili's, several retail clothing stores, a large theater, and a fitness center are among the anticipated tenants.

I am happy that we bought our home here five years ago, as prices are on the rise and the outlook is bright for Pflugerville real estate.

If you are interested in looking for a home in the Pflugerville area, please feel free to call or email me anytime. I look forward to hearing from you soon!

Jason Crouch, Broker - 512-796-7653 (cell) - jason@austintexashomes.com