Best in Texas: April 2024 Real Estate Boom in Round Rock: Surge in Sales and Prices Indicate a Thriving Market by ALEX.realestate

ALEX Labs just completed analysis of Round Rock single family sales reported to the Austin Board of Realtors for April 2024. In about 60 seconds know more about the Round Rock real estate market than almost anyone! 

NOTE: Round Rock is served by more than one MLS. ALEX Labs suggests the trends and statistics are valid for the Austin MLS are valid for the total market.

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SUMMARY TABLE:

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MONTHLY TREND: +16%
Predicted Monthly Trend: -2.12% DECREASE from prior month
Sales Net of Monthly Trend: A +18.12% POSITIVE difference in actual vs predicted sales

TOTAL SALES: 164

Up 16% from the previous month.
Up 7% from the same month last year

TOTAL NET SALES VOLUME: $81,086,000

Up 24% from the previous month.
Up 1% from the same month last year

NET SALE PRICE PER SQUARE FOOT:

$214 per square foot average:
Down 1% from the previous month.
Down 3% from the same month last year.

$211 per square foot median:
Down 1% from the previous month.
Down 4% from the same month last year.

NET SALE PRICE:

$490,000 average:
Up 7% from the previous month.
Down 6% from the same month last year.

$444,000 median:
Up 3% from the previous month.
Down 4% from the same month last year.

LIST PRICE PER SQUARE FOOT:

$221 per square foot average:
Down 1% from the previous month.
Down 2% from the same month last year.

$219 per square foot median:
Down 1% from the previous month.
Down 3% from the same month last year.

LIST PRICE:

$504,000 average:
Up 7% from the previous month.
Down 5% from the same month last year

$458,000 median:
Up 2% from the previous month.
Down 5% from the same month last year.

DISCOUNT FROM LIST PRICE:

-7.8% average discount:
Up 61% from the previous month.
Up 16% from the same month last year.

-2.0% median discount:
Down 37% from the previous month.
Down 38% from the same month last year.

DAYS FROM LISTING TO ESCROW:

44 average days on market:
Down 33% from the previous month.
Down 37% from the same month last year.

15 median days on market:
Down 61% from the previous month.
Down 17% from the same month last year.

HIGH NET SALE PRICE PER SQUARE FOOT: $400

Up 16% from the previous month.
Up 11% from the same month last year

NOTE: We do not audit ABOR data. We assume unusual numbers (spikes) are probably due to a Listing Agent misclassifying a property as “Single Family Residential” and/or data entry errors

HIGH NET SALE PRICE: $2,200,000

Up 135% from the previous month.
Up 49% from the same month last year.

NOTE: We do not audit ABOR data. We assume unusual numbers (spikes) are probably due to a Listing Agent misclassifying a property as “Single Family Residential” and/or data entry errors

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ALEX knows more about Round Rock area than just about anybody.

If you have any questions, I am always here. Just call, text or email me. Diane

Diane Hart Alexander, MBA, MHA, CEO, Broker
Alexander Tiffany Southwest dba ALEX.realestate
v 713.591.9902
e diane@alex.realestate