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Best in Texas™: West Round Rock Real Estate Market Soars: 73% Increase in Sales for April 2024 – Check Out the Latest Insights by ALEX.realestate

Posted on May 19, 2024

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

NOTE: West 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:  +73%

  • Predicted Monthly Trend: -2.12% decrease from the prior month.
  • Sales Net of Monthly Trend: +75.12% positive difference in actual vs. predicted sales.

TOTAL SALES: 52

  • Up 73% from the previous month.
  • Up 11% from the same month last year.

TOTAL NET SALES VOLUME: $31,414,000

  • Up 89% from the previous month.
  • Up 3% from the same month last year.

NET SALE PRICE PER SQUARE FOOT:

  • $234 per square foot average:
    • Unchanged from the previous month.
    • Up 2% from the same month last year.
  • $233 per square foot median:
    • Up 2% from the previous month.
    • Up 4% from the same month last year.

NET SALE PRICE:

  • $599,361 average:
    • Up 9% from the previous month.
    • Down 6% from the same month last year.
  • $556,500 median:
    • Up 2% from the previous month.
    • Down 2% from the same month last year.

LIST PRICE PER SQUARE FOOT:

  • $240 per square foot average:
    • Up 1% from the previous month.
    • Up 3% from the same month last year.
  • $240 per square foot median:
    • Up 5% from the previous month.
    • Up 5% from the same month last year.

LIST PRICE:

  • $615,767 average:
    • Up 11% from the previous month.
    • Down 5% from the same month last year.
  • $574,995 median:
    • Up 5% from the previous month.
    • Down 4% from the same month last year.

DISCOUNT FROM LIST PRICE:

  • -3.1% average discount:
    • Down 14% from the previous month.
    • Down 45% from the same month last year.
  • -1.6% median discount:
    • Down 19% from the previous month.
    • Down 47% from the same month last year.

DAYS FROM LISTING TO ESCROW:

  • 32 average days on market:
    • Down 50% from the previous month.
    • Down 38% from the same month last year.
  • 9 median days on market:
    • Down 59% from the previous month.
    • Down 15% 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 PER SQUARE FOOT: $399

  • Up 23% from the previous month.
  • Up 11% from the same month last year.

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 error


ALEX knows more about West 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

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