1205 Hollow creek DR # 202, Austin TX 78704

This home was listed at $399,000 and was on the market for 95 days before expiring. Based on comparable sales, the market data suggests a value closer to $399,429. Here are some factors that may have played a role: After 95 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. Coming to market in November may have put this home in a slower seasonal window for the Austin area. At the time, there appear to have been 1 similar homes available at lower price points, which may have given buyers other options. Being 266 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.17 acres, the lot is larger than the 0.07 acre comp average, which factors into pricing. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group