Avery Ranch Real Estate Market Update for 2010
Avery Ranch: a Master Planned Community
Avery Ranch at the Northern edge of Austin, Texas is an 1,800 acre master-planned community with over 4,000 homes that have access to 17 hill country acres of amenity centers, tennis courts, pools, and hike & bike trails located approximately 16 miles north of downtown Austin.
The subdivision of Avery Ranch is nestled just west and southwest of the city of Round Rock, and East of Cedar Park in Williamson County. Avery Ranch is bounded by Brushy Creek to the North, Great Oaks Drive, to the East, the new 45 Toll road to the South, and the new 183A Toll road to the West. Avery Ranch is surrounded by well-regarded schools, shopping and entertainment, and is also home of The Golf Club at Avery Ranch a 226 acre 18-hole golf course bordering a 60 acre lake.
Homes in Avery Ranch were built between 2000 and 2009. Homes range from 1416 square feet to 6537. The average size of a home in Avery Ranch is 2650 square feet. Homes in this area have brick and limestone masonry, many with more complex roof lines. Most have dimensional roofs which are typically rated for 30 years.
Avery Ranch Real Estate Sales Comparison for 2009 to 2010
178 homes sold in Avery Ranch in 2009, an increase of 14 over 2009. These homes sold in a median of 44 days, or just over 6 weeks. This is a drop from a median of 53 days on the market in 2009.
The median price of a home in Avery Ranch in 2010 rose to $236,972 from $224,964 in 2009. This rise is partially accounted for by a corresponding increase in the median size of the homes that sold, from 2198 to 2332 square feet.
The highest selling price was $575,000 and the lowest was $156,300.
10 of the homes that sold were listed as foreclosures.
More Avery Ranch Real Estate Data: Selling Price vs. Size
One thing we try to do in each subdivision report is to include some data that helps you understand the market in the area. The following chart shows the Selling Price vs. the Size for the 178 homes that sold in 2010. You can see the strong linear correlation, yet at the same time, at any given size, prices varied by tens of thousands of dollars.
Some of the variables that impact the price within a given size range would include:
Location (on the Golf Course, on a busier street or cul-de-sac)
Interior fit and finish (granite, stainless steel, tile, hardwood floors)
The general condition of the property (well-maintained, or in need of repair)
Photographs of Homes in Avery Ranch
Avery Ranch Featured Home as a Digital Art Print
For fun – this home had such nice details that I though it might look good with some vintage coloration and digitally painted effects.
Google Map of the Avery Ranch Subdivision Area
View Larger Map
(note: all of the data in this report comes from the Austin Board of Realtors, and from the REALIST tax databases.)