Best in Texas™: East Round Rock Sees Remarkable Growth in April 2024: Delve into What’s Driving the Real Estate Surge by ALEX.realestate

by swpre-chime-me

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

NOTE: East 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.


SUMMARY TABLE:


MONTHLY TREND: -4%
Predicted Monthly Trend: -2.12% DECREASE from prior month
Sales Net of Monthly Trend: A -1.88% NEGATIVE difference in actual vs predicted sales

TOTAL SALES: 38

Down 15% from the previous month.
Up 15% from the same month last year.

TOTAL NET SALES VOLUME: $16,198,175

Up 33% from the previous month.
Up 13% from the same month last year.

NET SALE PRICE PER SQUARE FOOT:

$206 per square foot average:
Down 6% from the previous month.
Down 8% from the same month last year.

$208 per square foot median:
Down 5% from the previous month.
Down 6% from the same month last year.

NET SALE PRICE:

$420,462 average:
Up 15% from the previous month.
Down 3% from the same month last year.

$366,250 median:
Up 2% from the previous month.
Down 1% from the same month last year.

LIST PRICE PER SQUARE FOOT:

$213 per square foot average:
Down 5% from the previous month.
Down 6% from the same month last year.

$215 per square foot median:
Down 1% from the previous month.
Down 3% from the same month last year.

LIST PRICE:

$434,697 average:
Up 16% from the previous month.
Stable from the same month last year.

$380,500 median:
Up 4% from the previous month.
Up 1% from the same month last year.

DISCOUNT FROM LIST PRICE:

-5.5% average discount:
Up 56% from the previous month
Down 15% from the same month last year.

-3.7% median discount:
Stable from the previous month.
Up 35% from the same month last year.

DAYS FROM LISTING TO ESCROW:

60 average days on market:
Down 39% from the previous month.
Down 12% from the same month last year.

23 median days on market:
Up 13% from the previous month.
Up 150% from the same month last year.

HIGH NET SALE PRICE PER SQUARE FOOT: $286

Up 23% from the previous month.
Up 76% 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: $883,900


Up 46% from the previous month.
Up 10% 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


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

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

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Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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