As the first day of summer has now come and gone, many families are getting ready to make a move as things slow down for a couple of months. As I drive around town, I see garage sales every weekend as people start to get ready for the big move. It's amazing how many people will move during the months of June and July!
I recently had the opportunity to take some people out to Olympic Heights in Austin, Texas. They easily found 3 properties that they truly, love. The decision they currently wrestle with is which property to acquire. I'll let you know if it comes down to a coin-toss! I was actually going to purchase a home in this neighborhood about 5 years ago until I decided I wanted to be a little closer to San Marcos. Hey, I'm weird like that!
A lot of people are unaware that Olympic Heights even exists. Neatly tucked away into the quieter parts of South Austin, I wanted to quickly share the neighborhood and its amenities with you.
Olympic Heights is a very affordable, DR Horton, master-planned community. Clients are often surprised as to just how affordable it is! Perhaps being nestled up against Shady Hollow, people automatically assume it is out of their price range. They were afraid of heights! There are currently 15 homes for sale in Olympic Heights. At the time of this posting, these 15 homes have an average listing price of $175,980. The average size of these homes is 1724 sq ft. at an average price of $103.81 / sq. ft. An additional 3 homes are currently under contract, with 1 of them taking back-up offers.
Year to date, 32 homes have sold in Olympic Heights. With an average sale price of $165,630, sellers were seeing 99% of their asking price with an average list price of $168,089. (NOTE: These prices do not include closing costs, etc.) This boasted an average sales price of $110.70 / sq. ft. Homes remained on the market anywhere from 0 to 211 cumulative days for an average of 52 cumulative days on the market.
Undoubtedly, some of the most appealing attributes of Olympic Heights are its proximity to town, quiet nature, adjacency to awesome neighborhoods such as Shady Hollow and its amenities.
If you're looking to buy in Southwest Austin, let me show you what Olympic Heights has to offer! Don't be afraid!
James Johnson, Realtor
Austin Texas Homes, LLC
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