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”