Best in Texas™: Round Rock 500 Million Dollar, 3 Million Square Foot development moving forward by ALEX.realestate

ALEX Studios just analyzed and summarized CRE‘s report: “Round Rock Project Gaining Steam.” This Round Rock project has been 8 years in the incubation stage. It will be a major addition to Round Rock. SUMMARY Eight years ago, Mark IV Capital purchased a 66-acre plot near Interstate 35 and the State Highway 45 toll road for a project known as The District.Market conditions initially delayed the project’s execution.Mark IV Capital is significantly expanding the scope of The District project due to favorable market conditions.The original proposal’s size is being tripled to capitalize on current opportunities.Developers achieved a crucial milestone by securing approval from the Round Rock City Council for an amended development agreement.This approval sets the stage for construction to commence by the beginning of 2025.The project, now estimated at a $500 million investment, is projected to encompass 3 million square feet of development.At full buildout in 2039, The District is expected to generate a minimum of 5,000 jobs.The original plans entailed 1 million square feet of development and a $200 million investment.The initial phase of vertical development will feature a 320-unit, 270,000-square-foot multifamily building.This building will incorporate 15,000 square feet of retail space.The project’s focal point is an urban village at the property’s center, emphasizing amenities such as retail outlets and a hotel. ALEX knows more about Round Rock real estate than just about anybody. If you have any questions, I am always here. Just call, text or email me. Diane Hart Alexander, MBA, MHA, CEO, BrokerAlexander Tiffany Southwest dba ALEX.realestatev 713.591.9902e diane@alex.realestate PS – Are you an Agent or Broker in Round Rock?  We will be adding a few Partners in 2024. Do you want to work with a Broker who is in the top 2% of Zillow globally. Who is the best at Zillow lead generation, lead nurturing and lead conversion? Do you want to be armed with the best and most powerful tools including Stat Packs and 1 Minute Tours for your farming area(s), clients and prospects? Want to know more about ALEX?Want information about different ALEX Partner positions? Contact me! Diane

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Round Rock, Jan 2024, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

ALEX Labs just completed analysis of Round Rock single family sales, reported to the Austin Board of Realtors, for January 2024. In about 60 seconds, know more about the Round Rock real estate market than almost anyone!  THE ONLY SOURCE ALEX is the only source of: (1) Round Rock Net Sale Price Statistics (Net Sale Price = Sale Price LESS Repairs LESS Seller Contributions to Closing Costs.) (2) Austin Board of Realtors Monthly Trend Model (Monthly Trend) applied to Round Rock monthly sales. (3) Monthly Net Sales and Other Key Statistics for over 40 Markets in the Greater Austin Area. (4) Comparative analysis of Monthly Trend and other statistics for: Georgetown Comparative Analysis: Georgetown, East Georgetown Zip Code 78626, West Georgetown Zip Code 78628, Northwest Georgetown Zip Code 78633 excluding Sun City, Sun City. Coming Soon – Round Rock Comparative Analysis: Round Rock, East Round Rock Zip Code 78664, West Round Rock Zip Code 78661, North Round Rock Zip Code 78665 and Williamson County. Coming Soon – Austin Area Counties Comparative Analysis: Bastrop County, Bell County, Burnet County, Caldwell County, Hays County, Travis County, Williamson Counties and all of ABOR. MARKET & TREND 102 sales:Down 10% from the previous month.Up 24% from the same month last year.Monthly Trend predicted a 30.9% DECREASE from the previous month.Sales Net of Monthly Trend: A 20.9% POSITIVE difference in actual vs predicted sales.$49.1 million total net sales volume:Down 5% from the previous month.Up 25% from the same month last year. NET SALE PRICE $443,314 median:Up 14% from the previous month.Down 5% from the same month last year.$204 per square foot median:Down 4% from the previous month.Down 4% from the same month last year.$475,379 average:Up 6% from the previous month.No change from the same month last year.$215 per square foot average:Up 2% from the previous month.Up 1% from the same month last year. NET SALE PRICE DISCOUNT FROM LIST PRICE 7.9% median discount:Up 18% from the previous month.Down 14% from the same month last year.9.8% average discount:Up 13% from the previous month.Down 11% from the same month last year. CUMULATIVE DAYS FROM LISTING TO ESCROW 69 median days:Up 33% from the previous month.Up 18% from the same month last year.86 average days:Up 30% from the previous month.Up 16% from the same month last year. LUXURY INSIGHTS* $1,002,200 high net sale:Down 19% from the previous month.Up 4% from the same month last year.$600 per square foot high net sale:Up 12% from the previous month.Up 76% from the same month last year.* We do not audit ABOR data. We assume these unusual numbers are due to a Listing Agent misclassifying a property as “Single Family Residential” ALEX Studios publishes over 40 Stat Packs in the Greater Austin area including Round Rock. View all areas and select what you would like. If you are interested in an area we are not currently publishing, or if you have any questions, contact me. I’m always available! Diane ALEX knows more about Round Rock than just about anybody. If you have any questions, I am always here. Just call, text or email me. Diane Hart Alexander, MBA, MHA, CEO, BrokerAlexander Tiffany Southwest dba ALEX.realestatev 713.591.9902e diane@alex.realestate PS – Are you an Agent or Broker in Round Rock?  Do you want to be armed with the best and most powerful tools like this Stat Pack for your farming area(s)? Contact me! Diane SUMMARY TABLE DAYS FROM LISTING TO ESCROW NET SALE PRICE* PERCENT DISCOUNT FROM LIST PRICE TOTAL NUMBER OF SALES TOTAL NET SALES* VOLUME NET SALE PRICE* PER SF NET SALE PRICE* PER HOME LIST PRICE PER SF LIST PRICE PER HOME HIGH LIST PRICE PER SF & HIGH NET SALE PRICE* PER SF HIGH LIST PRICE & HIGH NET SALE PRICE* PROJECT TEAM Teale Miller, Consulting AnalystJanez Novak, Senior Consulting AnalystGeorge Alexander, Project Lead

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Round Rock, Dec 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

ALEX Labs just completed analysis of Round Rock single family sales reported to the Austin Board of Realtors for December 2023, as of January 6. In about 60 seconds know more about the Round Rock real estate market than almost anyone!  THE ONLY SOURCE ALEX is the only source of: (1) Round Rock Net Sale Price Statistics (Net Sale Price = Sale Price LESS Repairs LESS Seller Contributions to Closing Costs.) (2) Austin Board of Realtors Specific Monthly Trend Model (Monthly Trend) applied to Round Rock monthly sales. (3) Round Rock real estate statistics and analysis published for 4 distinct geographic areas: Round Rock, North Round Rock, East Round Rock and West Round Rock. MARKET & TREND 113 sales:Up 33% from the previous month.Down 12% from the same month last year.Monthly Trend predicted a 13.3% increase from last month.Economic and supply/demand impact on sales: The 19.7% POSITIVE difference in actual vs predicted sales represents the economic and supply/demand impact on sales.$51.7 million total net sales volume:Up 24% from the previous month.Down 17% from the same month last year. NET SALE PRICE $390,000 median:Down 10% from the previous month.Down 7% from the same month last year.$211 per square foot median:Up 4% from the previous month.No change from the same month last year.$449,077 average:Down 7% from the previous month.Down 6% from the same month last year.$211 per square foot average:Up 1% from the previous month.Down 4% from the same month last year. NET SALE PRICE DISCOUNT FROM LIST PRICE 6.7% median discount:Up 9% from the previous month.Down 23% from the same month last year.8.7% average discount:Up 6% from the previous month.Down 23% from the same month last year. CUMULATIVE DAYS FROM LISTING TO ESCROW 52 median days:Up 33% from the previous month.Up 13% from the same month last year.66 average days:Up 23% from the previous month.Up 9% from the same month last year. LUXURY INSIGHTS $1,232,500 high net sale:Up 6% from the previous month.Down 7% from the same month last year.$537 per square foot high net sale:Up 61% from the previous month.Up 38% from the same month last year. ALEX REAL ESTATE STAT PACKS ALEX Studios currently publishes 38 Stat Packs in the Greater Austin area. If you are interested in an area we are not currently publishing, or if you have any questions, contact me. I’m always available! Diane ALEX knows more about Round Rock than just about anybody. If you have any questions, I am always here. Just call, text or email me. Diane Hart Alexander, MBA, MHA, CEO, BrokerAlexander Tiffany Southwest dba ALEX.realestatev 713.591.9902o 713.918.9951e diane@alex.realestate PS – Are you are an Agent or Broker in Round Rock?  Do you want to be one of the few armed with the best:Research & analysis? Neighborhood/farming area trend and net sale price statistics?Marketing?Lead generation? White Glove Service for your clients and for you and your clients? Contact me! Diane SUMMARY TABLE DAYS FROM LISTING TO ESCROW NET SALE PRICE* PERCENT DISCOUNT FROM LIST PRICE TOTAL NUMBER OF SALES TOTAL NET SALES* VOLUME NET SALE PRICE* PER SF NET SALE PRICE* PER HOME LIST PRICE PER SF LIST PRICE PER HOME HIGH LIST PRICE PER SF & HIGH NET SALE PRICE* PER SF HIGH LIST PRICE & HIGH NET SALE PRICE* PROJECT TEAM Teale Miller, Consulting AnalystJanez Novak, Senior Consulting AnalystGeorge Alexander, Project Lead

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