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Briarcliff median home valuations fell by 89.3% in the first quarter of 2017

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The median assessed value of a home sold in the first quarter of 2017 in Briarcliff fell by $167,463 while total valuation decreased by 59.1%, according to BlockShopper.com.

From January through March of 2017, there were 18 homes sold, with a median home valuation of $20,000 - a 89.3% decrease over the $187,463 median valuation for the same period of the previous year. There were 44 homes sold in Briarcliff in the first quarter of 2016.

The following table compares Briarcliff to other Travis County cities with similar median home valuations in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median ValuationJan. - Mar. 2016 Median Valuation% change (Median Valuation)
Hornsby Bend3555-36.4%$114,764$115,532-0.7%
Jonestown2131-32.3%$110,740$102,3768.2%
Elgin3638-5.3%$108,748.50$117,165-7.2%
Mustang Ridge21100%$100,242.50$112,681-11%
Creedmoor31200%$90,667$142,470-36.4%
Lago Vista12310319.4%$83,440$113,417-26.4%
Buda550%$80,072$70,65513.3%
Coupland3250%$53,670$73,467-26.9%
Garfield710-30%$45,597$33,78635%
Briarcliff1844-59.1%$20,000$187,463-89.3%
Point Venture342536%$17,875$144,736-87.6%

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