How The Super Bowl Will Affect The Spring Market
Round Rock Real Estate Update February 2024
In this detailed breakdown, we delve into the numbers, dissecting trends and uncovering what's in store for buyers and sellers alike.
The Numbers Game: Austin's Market Statistics
Let's begin by examining the statistical snapshot of the Round Rock real estate market from January:
Active Listings: At the start of the month, there were 305 active listings available, which is a good sign for potential buyers as it indicates a healthy inventory.
Under Contract Homes: It is promising to see that there were 186 homes under contract, demonstrating that there is ongoing interest from buyers in the area.
Homes Sold: Although there were some fluctuations, a total of 108 homes were sold, which is an increase of 18 homes compared to the previous year in most areas.
Pricing Trends: The average price per square foot was $219,000, indicating a modest increase of 1.8%. However, the average and median sales prices experienced slight decreases, with averages at $474,008 and medians at $437,500.
Days on Market: The average time properties spent on the market increased to 82 days, up by 28% from the previous year.
A significant highlight was the sale of a property in Barons Ranch for $1,040,000, showcasing the diversity of offerings within the Round Rock market.
The Super Bowl Effect: Shaping the Real Estate Landscape
The Super Bowl is an event that has become deeply entrenched in American culture and affects more than just football enthusiasts. In Austin, it marks the start of the spring real estate season and tends to generate a lot of interest from both buyers and sellers. As a result, competition becomes more intense in the days leading up to the game. This increased activity sets the stage for a lively and spirited real estate market, where both parties compete for their share of the pie.
Beyond the Numbers: Ground-Level Insights
We have gained some valuable insights from our experience in Austin's real estate market, which goes beyond just analyzing the numbers. Despite the ups and downs of the market, there is an underlying feeling of positivity. Properties that remained unsold last year are now being quickly purchased by interested buyers, which has reinvigorated the market. This renewed sense of energy bodes well for the future as we move further into the spring season.
Your Path to Success: Navigating the Austin Real Estate Landscape
If you're contemplating listing your home or simply curious about the current market dynamics, I am ready to guide you. So, if you're pondering your next move in the world of real estate, don't hesitate to reach out. Whether you're selling, buying, or simply seeking guidance, Kopa Real Estate is here to help you make informed decisions and achieve your real estate goals.
Hundreds of people have attended our Home Selling Seminars. If you are planning to sell your home next week or in 2 years you should attend one of our two upcoming seminars in January.
- Saturday, February 17th at 9 AM at the Cedar Park Recreation Center.
- Thursday, February 22nd at 5 PM at Moonshine in Avery Ranch.
If you have any questions about how this information affects the value of your home, please reach out to me at 512-791-7473. This workshop will provide all the information you need for a successful sale in this market, and it is purely educational. Plus, attendees will enjoy complimentary. Reserve your tickets by signing up today at KopaSeminar.com.
Some exciting developments are taking place in the real estate market, and if you're not actively involved, you might miss out. When you're prepared to have a no-obligation discussion about the realistic selling price of your home and the process involved, feel free to reach out to us at 512-791-7473 or schedule a time at KopaConsultation.com.
If you plan to sell your home, now is the best time to attend our Free Home Selling Workshops. If you want to attend a workshop, contact us, and we will notify you when they are scheduled. As always, you can check KopaWorkshop.com to see the dates and times of our in-person and online Free Home Selling Workshops. For years, home sellers have told me they benefited from attending our events. Sign up at KopaSeminar.com.
The information on this page may have changed since we first published it. We give great real estate advice, but this page (and the rest of our site) is for informational use only and is no substitute for actual real estate, legal and financial advice. If you’d like to establish a Broker-client relationship, reach out to us and we’ll tell you how we can make it official. Sending us an email or reading this page alone doesn’t mean we represent you.
Have a Question?
Contact Us Now!
Our Featured Listings
Round Rock Real Estate Market Report
January 2024 | Happy New Year!
In January, we conducted a thorough analysis of the most recent statistics for single-family real estate in, Round Rock, TX. We carefully examined various metrics such as the number of homes sold, average sales price, days on the market, and inventory levels.
Furthermore, based on our analysis, we have identified the key statistics that we are closely monitoring to predict where the market is headed for the rest of 2024. These include factors such as the supply and demand dynamics, interest rates, and the overall economic conditions in the region. By keeping a close eye on these metrics, we can provide our clients with valuable insights and help them make informed decisions in the highly competitive Austin real estate market.
Hundreds of people have attended our Home Selling Seminars. If you are planning to sell your home next week or in 2 years you should attend one of our 2 upcoming seminars in January.
- Saturday, January 20th at 9AM at the Cedar Park Recreation Center.
- Thursday, January 25th at 5PM at Moonshine in Avery Ranch.
If you have any questions about how this information affects the value of your home, please reach out to me at 512-791-7473. This workshop will provide all the information you need for a successful sale in this market, and it is purely educational. Plus, attendees will enjoy complimentary. Reserve your tickets by signing up today at KopaSeminar.com.
Some exciting developments are taking place in the real estate market, and if you're not actively involved, you might miss out. When you're prepared to have a no-obligation discussion about the realistic selling price of your home and the process involved, feel free to reach out to us at 512-791-7473 or schedule a time at KopaConsultation.com.
If you plan to sell your home, now is the best time to attend our Free Home Selling Workshops. If you want to attend a workshop, contact us, and we will notify you when they are scheduled. As always, you can check KopaWorkshop.com to see the dates and times of our in-person and online Free Home Selling Workshops. For years, home sellers have told me they benefited from attending our events. Sign up at KopaSeminar.com.
ROUND ROCK MARKET REPORT
If you're planning to sell in 2023, now is the best time to attend our Free Home Selling Workshops. If you want to attend a workshop, get in touch with us and we will notify you when they are scheduled. As always you can check KopaWorkshop.com to see dates and times of our in-person and online Free Home Selling Workshops. For years home sellers have told me they benefited from attending our events. Sign up at KopaSeminar.com.
The information on this page may have changed since we first published it. We give great real estate advice, but this page (and the rest of our site) is for informational use only and is no substitute for actual real estate, legal and financial advice. If you’d like to establish a Broker-client relationship, reach out to us and we’ll tell you how we can make it official. Sending us an email or reading this page alone doesn’t mean we represent you.
Have a Question?
Contact Us Now!
Our Featured Listings