Lakeway is a great community in Central Texas. It is a city of around 16,000 residents with some great features. Situated in the Hill Country and on Lake Travis, Lakeway has some very nice scenery. There are also 4 golf courses in the area, a waterfront City Park, a private air strip, several marinas a swim and skate park and the Lakeway Resort and Spa.
Single-family home sales in Lakeway have been better this spring and summer than a year ago, but it is still a bit slow in this Hill Country city. For the time period from April 27, 2009 through June 27, 2009, 45 single-family Lakeway homes have sold. The average price was almost $348,000 and that put the average sold price per square foot at $123.47. On average, homes sold for 95.16% of list price and took an average of 125 days to sell.
Fast forward to the same time period in 2010. During the same period there were 40 single-family homes sold. The average price was just over $369,000 and that put the average sold price per square foot at $131.25. On average, homes sold for 94.6% of list price and took an average of 87 days to sell.
There are currently 228 single-family homes in Lakeway listed for sale in the MLS with 32 of them showing to be under contract. Home prices range from $199,000 to $2.295 million.
Sam Chapman is an