Round Rock Ranch 2012 Real Estate Market Report

How was the Real Estate Market in Round Rock Ranch for 2012?

The real estate market in the Greater Austin area and Round Rock saw some incredible growth in 2012. Round Rock Ranch also saw some growth and, after an extremely busing January, I finally had time to put this information together. The graph below gives a good summary of most of the information I have. Round Rock Ranch Real Estate

In 2012, 22.9% more homes sold in Round Rock Ranch versus 2011. While the number of homes sold increased, that growth has not yet translated to much growth in sales prices as the average sales price was $156,679 (+.8%) and the average price per square foot was $75.36 (+2.5%). Whiles values remained unchanged, the average home for sale in Round Rock Ranch sold in 5 less days in 2012 versus 2011 (41 days, -11% vs 2011).

What do these numbers mean for you if you are looking to buy or sell a home in Round Rock Ranch 2013? If you are looking to buy a home,  the number of homes on the market is shrinking and homes are selling faster so you will likely have less options and more competition from other buyers. Because homes are selling more quickly, you should also move fast to put a strong offer in once you have found a home you really like.

If you potentially looking to sell you home in Round Rock Ranch this year, I would expect to sales prices increase in 2013 because of the strong demand and limited inventory. You have chosen a great time to sell! Drop me a note to learn about how my progressive marketing plan can go to work for you!

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

The Kyle Pfaffe Real Estate Team

2012 Milwood Market Report

How Was the Market in Milwood for 2012?

The real estate market in Milwood had some tremendous growth in 2012. After a crazy January month for me, I finally had time to sit down and look at how the market performed and wanted to share some number with you. All of this information is visibly represented in the graph below. Milwood 2012

First of all, the real estate market in Milwood was much more active – 229 homes sold in 2012 vs 194 in 2011, a 18% increase. While the number of homes sold grew remarkably, the average sales price increased only 1.3% to $181,764 vs $179,476 in 2011. The average price per square foot of homes sold in 2011 was $99.68 but grew to $105.59 in 2012, an increase of almost 6%. By far, the most significant change in the Milwood real estate market in 2012 was the average time a home was on the market before it sold. The average days on market shrunk from 58 days to 38 days, a decrease of 35%.

What do these numbers mean to you if you are looking to buy or sell a home in Milwood in 2013? If you are looking to buy a home in Milwood, you will likely be paying slightly more than you would have in 2012. You will also need to be decisive and move quickly once you find a house you like – the lower number of homes on the market and quicker selling times mean your competition (other buyers) might get a home first if you’re not careful. Drop me a note if I can help you find a great home in Milwood this year.

If you are considering selling your home in the Milwood area of Austin, you should definitely be able to walk away with more money this year. If you price your home too low, you might get multiple offers as soon as you go on the market. Marketing can have a lot do with getting your home sold quickly and for the highest net to you. Drop me a note to hear about how my progressive marketing plan can go to work for you!

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

The Kyle Pfaffe Real Estate Team

NEW VIDEO – Camp Doublecreek

Information on Camp Doublecreek

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Information on Camp Doublecreek in Round Rock, TX, near Round Rock Ranch. Click Here for full write up on Camp Doublecreek.

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