The following statistics extracted from the Multiple Listing Service on March 9, 2011, are for active and sold homes located in Round Rock, Texas. If you are interested in selling or buying a residence in Round Rock you want to educate yourself on neighborhood home sales. It is best to be completely informed of what's going on in your own area of interest so that you can appropriately establish specific home values. Bear in mind both the homes that are currently active and the price pattern for properties which have been recently bought. The current sales prices are the best guide. They represent what residences are specifically selling for, not just what the homeowners want for their residence.

At present you will find 653 properties available to choose from in Round Rock, Texas. These houses have been active to choose from an average of 91 days with an average list price of $210,880 or $87.80 per square foot. Utilizing the price per square foot is possibly the easiest way to identify the price of one's property. However, in doing that you want to try and establish the normal price per square foot for homes similar to yours that are located in the same or perhaps a equivalent area. At present the average square footage for homes listed as active in Round Rock is 2,397 square feet. The smaller the home frequently the higher the price per square foot for properties in comparable condition. This doesn't always hold true particularly when you get into the luxury home niche with many customized features or high end amenities. The prices for homes presently active available on the market vary from a low of $60,000 to a high of $685,000 . Prices range from $41.36 to $272.47 per square foot. Days on the market range anyplace from 0 to 587 days. The best guide to home value is from actual home sales.

Sold data is compared to the exact same month in the previous year to assist in determining marketplace trends. The comparison is from the exact same month in the prior year on account of fluctuations based on the time of year. Sales normally rise and fall in the same time periods or months every year, so among the best comparisons for price trends is usually to compare the exact same calendar month in the prior year. The number of houses sold in Round Rock displayed a significant decrease from February of the preceding year. The average sales price per square foot saw a moderate decrease, as well as the average list price per square foot. Additionally, the average days on market for residences sold in Round Rock displayed a significant increase.

Specifically, sales of single family homes saw a significant decrease of 10.00% from 110 to 99 homes sold from February last year to February of this year. The average sales price showed a moderate decrease of 4.41% from $233,297 to $188,423 . The average sales price per square foot displayed a moderate decrease of 4.60% to $81.03 . The average sales price was 93.23% of the original listing price, practically no change from precisely the same month in the preceding year. That is an indicator of how much the listed price was reduced to be able to make the sale. The original list price was the initial price the property owner advertised, but not necessarily the listing price at the time of the sale. Unfortunately, the average days on market for the sold properties went from 63 to 88 for a significant increase of 39.68%. As the number of days on the market decreases it truly is indicative of the market heating up and residences moving far more quickly.