Best in Texas™: Explore North Round Rock’s Real Estate Trends: Insights into April 2024 Sales Performance and Market Adjustments by ALEX.realestate

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

NOTE: North 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: -5%

Predicted Monthly Trend: -2.12% DECREASE from the prior month
Sales Net of Monthly Trend: -2.88% NEGATIVE difference in actual vs. predicted sales

TOTAL SALES: 74

• Down 5% from the previous month.
• Up 7% from the same month last year.

TOTAL NET SALES VOLUME: $33,474,000

• Down 8% from the previous month.
• Unchanged from the same month last year.

NET SALE PRICE PER SQUARE FOOT:

• $203 per square foot average:
  • Down 1% from the previous month.
  • Down 4% from the same month last year.
• $202 per square foot median:
  • Down 1% from the previous month.
  • Down 6% from the same month last year.

NET SALE PRICE:

• $447,000 average:
  • Down 3% from the previous month.
  • Down 7% from the same month last year.
• $410,000 median:
  • Down 7% from the previous month.
  • Down 5% from the same month last year.

LIST PRICE PER SQUARE FOOT:

• $210 per square foot average:
  • Down 3% from the previous month.
  • Down 3% from the same month last year.
• $208 per square foot median:
  • Down 3% from the previous month.
  • Down 6% from the same month last year.

LIST PRICE:

• $462,000 average:
  • Down 4% from the previous month.
  • Down 6% from the same month last year.
• $419,000 median:
  • Down 9% from the previous month.
  • Down 6% from the same month last year.

DISCOUNT FROM LIST PRICE:

• -12.2% average discount:
  • Up 110% from the previous month.
  • Up 56% from the same month last year.
• -1.7% median discount:
  • Down 69% from the previous month.
  • Down 62% from the same month last year.

DAYS FROM LISTING TO ESCROW:

• 43 average days on market:
  • Down 43% from the previous month.
  • Down 45% from the same month last year.
• 15 median days on market:
  • Down 70% from the previous month.
  • Down 58% from the same month last year.

HIGH NET SALE PRICE PER SQUARE FOOT: $283

• Down 18% from the previous month.
• Down 6% 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 error

HIGH NET SALE PRICE: $820,500

• Down 4% from the previous month.
• Down 32% 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 error

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ALEX knows more about North 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