Listing Update for 105 Lidell

As of 05/26/2026

Hey Ismael & Gaby, below is a recap of the marketing I've done so far, the results we've gotten, current market conditions & my recommendation going forward.

Marketing I've done so far

• Syndication to all the major home search website (Zillow, Trulia, Redfin, Homes.com, etc)
• Premium placement on Homes.com with 2,981 total views, 20 Detailed Views, 21 top of search views & 1 favorite: https://www.homes.com/property/105-lidell-st-hutto-tx/6fzk4qd2jjtj7/
• Dedicated property website: https://peakrea.com/105-lidell-st
  
• $1,172.73 in marketing costs (collective)
• 7,932 Impressions with 49 clicks
  
• 253 views (Last 11 days) on Zillow with 20 saves (Last 11 days): https://www.zillow.com/homedetails/105-Lidell-St-Hutto-TX-78634/88013362_zpid/
  
• 81 reverse prospecting & marketing to other Realtors
• 200 mailer to renters within a 1 mile radius

Results to date

• 1 phone calls
• 0 private showing requests
  
• 1 Open house with 0 visitors
• The home has been listed for 12 days
  
• 1 Offer

Market stats for comparable homes

Criteria used: 1 story single family home, 2 mile radius, between 1,400-1,799 sq ft, active, & sold within 90 days

Active (available for sale)

• 3 comparable active listings (your competition)
• Active price range: $250,000 - $329,000
• Average active list price: $288,333
• Average days on market: 16
• Average active price / SqFt: $171
• Click to see PDF report
  

Sold (closed in last 3 months)

• 2 comparable homes sold in last 90 days (what buyers have paid)
• Sold list price range: $240,000 - 295,000
• Average sold price: $267,500
  
• Average days on market: 71
• Average sold price/sqft: $155
  
• Click to see PDF report
  

Hutto Market Stats for April 2026 (single family homes)

Source: Local MLS (Austin Board of Realtors)

• Active number of listings: 394 (2nd highest in the past 10 years)
• Median list price: $359,990 
• Average Cumulative Days on Market: 86
• Median close price: $340,000
• Number of sales: 95
  
• Close price to original price ratio: 94.00%
  

My Professional Opinion:

I believe that your home is over priced compared to what's available around your home. 

When active home buyers are searching for a home they're comparing features, price & payment. 

Most people who are buying in Hutto are first time home buyers which means they don't have a lot to put down & are very payment sensitive. 

Because the average 30 year fixed conventional rate is at 6.65%, your home comes in at a higher cost than the other homes in your area. 

The features of your home are great & present very well which is why I recommend a higher price range than most of the other homes available. 

We nearly struck gold with the cash offer received but that is  a rare scenario in real estate & I recommend that you don't expect the same results or compare future results to that.

With all of the marketing put into your listing we should have had at least a few showings & the fact that we haven't had any means that the market in your area is telling us that the listing is over priced.

I still believe in my original suggested range between $275,000 - $325,000.  

As an additional point of consideration, the average 30 year fixed conventional mortgage rate has gone up & is around 6.65% which is part of every home buyers decision making process.

Buyers are also comparing your listing with the abundance of new homes being built nearby where prices are lower, the builder is offering a lower fixed rate in the 4% range & additional money to cover closing costs.  

My Recommendation:

I recommend that start with a price reduction of $5,000 starting this Wednesday & continue every 2 weeks until we start to get more traction or we reach $325,000.  

Please share your thoughts & feedback.