Round Rock Ranch Real Estate Review for First 3 Months of 2013

This year is now over a quarter of the way through, giving us the perfect opportunity to review the real estate market trends in Round Rock Ranch during that period. I will look at how the real estate market in Round Rock Ranch has performed versus the last 3 months of 2012 (the 4th quarter, Q4) and versus the same 3 months in 2012 that we just finished in 2013 (January-March, Q1). For each of these time periods, we will look at the number of homes sold, the average sales price, the average price per square foot and the average days on market (DOM).

In the first 3 months of 2013 (Q1), 10 homes were sold in Round Rock Ranch. In Q4 of 2012, 12 homes sold and 8 homes sold in Q1. The changes in 2013 are not very high or low and represent a very steady market throughout the past 15 months.
While the number of homes sold did not vary much, the last 3 months saw a significant increase in the average sales price. The avg. sales price was $162,430 in 2013 Q1, a 2.3% increase over Q4 of 2012 and a 11.7% increase over Q1 of 2012.
The sales price can give a fairly good representation of a market’s trends, but perhaps nothing is so telling as changes in the average price per square foot ($/SqFt). The average $/SqFt was $82.39 in Q1 of 2013; this is a 8.6% increase over Q4 of 2012 and a 4.6% increase over Q1. To put it in perspective, the average $/sqft was almost $7 more than during the last 3 months of 2012!
The average days on market (DOM – the average amount of time a home is on the market before selling) increase slightly in 2013. In Q4 of 2012 it was 43 days and it was 38 days in Q1 of 2012. The average DOM climbed to 50 in the last 3 months, but I don’t think this is a substantial difference – mainly because there are 1 or 2 sales in 2013 which are skewing the average higher.
In summary, it seems that the real estate market in Round Rock Ranch is strong and is seeing gradual, sustained growth. I would expect the trends to continue through 2013. If you potentially looking to sell you home in Round Rock Ranch this year, I would expect to sales prices to continue to rise through the end of 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

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

What is the Round Rock Ranch Neighborhood Like?

Neighborhood Profile for Round Rock Ranch

Data for Census Block 207.08/1
Age of Population

According to the most recent census data taken from the 2010 census, there are 2708 people in the neighborhood with an average household size of 3. A few other numbers that stood out, but click the link at the bottom for the full report.

In Round Rock Ranch, the population by age is primarily between the age of 25-64. Round Rock Ranch is also has a large number of kids, with 37% being 17 or younger.

Fifty-one percent of the population in Round Rock Ranch is female and 77% of households are married. Owner-occupied homes represent 88% of households in the neighborhood and 71% of the population are employed in the private sector with 11% being employed by the government.

Click Round Rock Ranch – Neighborhood Profile for the full report. If you have any help or questions on Round Rock Ranch, Contact Me today!

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

Camp Doublecreek

Video on Camp Doublecreek

Camp Doublecreek is a day camp for children ages 4-14, located in Round Rock, TX at the edge of Round Rock Ranch.  Since 1971, Camp Doublecreek has spent all its energy living out its motto, “If you haven’t been to Doublecreek, You haven’t been to Day camp!” Camp

Doublecreek provides a safe and caring environment for kids to enjoy the ultimate summer experience and maintains to maximum 10 to 1 camper/counselor ratio at all times.

 
Facilities Include (but are not limited to): Junior Olympic-sized swimming pool, Nine-hole miniature golf course, Basketball courts, Tennis courts, Soccer field, Sand volleyball courts, Arts and crafts building, Baby animal petting area, Covered gaga ball pit, Water misters (to help everyone stay cool) and a Mini–camper fun zone (activity area for ages 4 & 5)
 
Activities Include (but are not limited to): Swimming, soccer, volleyball, basketball, four square, innovative playground games, tennis and tumbling.
Kyle Pfaffe, REALTOR®      e: KylePfaffe@kw.com      m: 512-636-9707      w: AustinHomes4You.com