May 2012 vs. May 2013

WOW! What a month! Round Rock Ranch saw a huge month of real estate activity in May! In May, 9 homes sold versus only 2 homes that sold in the subdivision in May 2012. The number of homes that sold in May is only slightly less than the total number of homes that sold in the first 5 months of 2012!  While the average sales price in May was only 2% higher than in 2012 ($156,972), overall value saw a 14% increase to $85.50 per square foot! Homes that sold in May of this year also sold in an average of only 20 days, versus the average of 52 days in 2012.

YTD 2012 vs YTD 2013

Year-to-date, 19 homes have sold in Round Rock Ranch, with an average sales price of $159,797, +8% vs 2012. Below is a chart which gives a good visual of how RRR is changing this year. The average price per square foot has increased 9% and the average days on market has shrunk 14% to 36 days.

These numbers are all averages – for specific information on the value of your home, drop me a note or give me a call at 512-636-9707. This summer will certainly be a very active one in Round Rock Ranch, and, as one of your neighbors, I have a special understanding of the area and how to market to likely home buyers. If I can be of help in any way, please let me know! Also…CLICK HERE to see what other homes a for sale in our neighborhood.

by Kyle Pfaffe, REALTOR®      e: KylePfaffe@kw.com      m: 512-636-9707      w: AustinHomes4You.com

The Kyle Pfaffe Real Estate Team