Round Rock Real Estate Market Hits Home Sales High

Real Estate

I found this great article from Homesnap.com that highlights the hot housing market in Round Rock. More and more people are moving into this hot zip code due to the proximity to Austin and the surrounding areas. Read the full article below.

Round Rock Real Estate Market Hits Home Sales High

The Round Rock market showed continued improvement over the last 30 days, extending a three-week growth trend. Sales rose 7.3% to 132 homes, the most in three months. During the same time frame, Austin had the most sales of any other neighboring municipalities with 859. As sales hit a plateau, prices found a top, with the average selling price rising to $236,850, a nine-month high. The higher trending sales numbers and rising prices, along with the fact that there are a lower-than-normal two months of inventory in the market, drive home the fact that Round Rock is a definite seller’s market.

Demographics:

Demographics of Round Rock

◾ The population here is 99,887.
◾This area has a property tax of $19.59/$1,000.
◾Here are some of the distributions of commute times for the area: <15 min (27.0%), 15-29 min (36.7%), 30-44 min (23.6%), 45-59 min (8.0%), >60 min (4.7%).

To read the original source article you can here: https://www.homesnap.com/news/2017-04-08/article/round-rock-real-estate-market-hits-home-sales-high/4242