Round Rock Real Estate Market Data April 2010

Round Rock is in Central Texas

The Round Rock of Round Rock Texas

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A City in Travis and Williamson County

Round Rock is a city located in Travis and Williamson Counties in the center of the U.S State of Texas.

A part of the Austin-Round Rock-San Marcos metropolitan area, the population of the city of Round Rock was 79,136 at the 2000 census. The 2008 census states placed the population at 104,446.

Money Magazine: Austin is the Seventh Best

In August 2008, Money Magazine named Round Rock as the seventh best American small city to live in.

Money based this ranking on an estimated annual income of $85,809 per household, and job growth of 45.15% from 2000–2007 (well above the 18.6% National average). Round Rock was the only Texas city to make the Top 10. In a CNN article dated July 1, 2009, Round Rock was listed as the second fastest growing city in the country, with a population growth of 8.2% in the last year.

According to the 2008 ratings from the Texas Education Agency, the Round Rock Independent School District ranks among the best in the state. Of 42 schools within RRISD, 12 were rated exemplary and 11 are recognized. No RRISD schools received an academically unacceptable rating.

Round Rock is located on the prairie east of the Balcones Escarpment, and about a 20 minute drive north of Austin, or 45 minute drive during rush hour. Several toll roads now connect it with the greater Austin area, easing the traffic congestion somewhat.

Round Rock has been represented in the Texas House of Representatives since 2009 by Democratic member Diana Maldonado, a former Round Rock ISD school board member.

The corporate headquarters for Dell, Inc. is located in Round Rock. Round Rock has more than 20 major employers including: Toppan Photomasks, Sears Customer Care, Ikea, Round Rock Premium Outlets, KoMiCo Technology Inc., Texas Guaranteed Student Loans, Cintas, and TECO/Westinghouse.

Round Rock Property Values

Real Estate Market Data for Round Rock through April 2010:

So how is Round Rock Real Estate doing as a whole?

Below I have broken it down as follows: Number of sales, Sold price (high, low, and median), Size (high, low, and median), and Days on market (high, low, and median). I have broken it down even further into type of dwelling: Homes, Condos/Townhouses, and small income producing units (Duplexes, Triplexes, and Fourplexes). Finally, to compare just for kicks, I’m also posting two separate periods: 4/13/2008 – 4/13/2009 and 4/13/2009 – 4/13/2010. So I’ll let you read and be the judge of how the city of Round Rock is doing overall.

Single Family Homes
First period: 4/13/2008 to 4/13/2009
Sold homes: 2,083 Sold price; High:$730,000 Low: $59,500 Median: $173,300
Size; High: 5,580 sq.ft Low: 704 sq.ft Median: 2,147 sq.ft and Days on market; High: 667 days Low: 0 days Median: 46 days

Second period: 4/13/2009 to 4/13/2010
Sold homes: 2,079 Sold price; High: $850,000 Low: $53,840 Median: $175,000
Size; High: 6,568 sq.ft Low:786 sq.ft Median: 2,160 sq.ft and Days on market; High: 742 days Low: 0 days Median: 44 days

Condos/Townhomes
First period: 4/13/2008 to 4/13/2009
Sold condos/townhomes: 25 Sold price; High: $189,000 Low: $47,900 Median: $126,000
Size; High: 1,545 sq.ft Low: 854 sq.ft Median: 1,209 sq.ft and Days on market; High: 367 days Low: 0 days Median: 56 days

Second period: 4/13/2009 to 4/13/2010
Sold condos/townhomes: 19 Sold price; High: $165,000 Low: $64,500 Median: $119,900
Size; High: 1,617 sq.ft Low: 828 sq.ft Median: 1,317 sq.ft and Days on market; High: 262 days Low: 6 days Median: 60 days

Small Income Producing Units (Duplexes, Triplexes, Fourplexes)
First period: 4/13/2008 to 4/13/2009
Sold units: 34 Sold price; High: $213,000 Low: $47,000 Median: $150,300
Size; High: 2,859 sq.ft Low: 1,645 sq.ft Median: 1,998 sq.ft and Days on market; High: 252 days Low: 0 days Median: 37 days

Second period: 4/13/2009 to 4/13/2010
Sold units: 22 Sold price; High: $210,000 Low: $80,000 Median: $144,250
Size; High: 3,216 sq.ft Low: 1,474 sq.ft Median: 2,086 sq.ft and Days on market; High: 358 days Low: 4 days Median: 46 days

All data provided herein was obtained from MLS, it is deemed to be reliable, and accurate; however, it is not guaranteed by the author. This article is only intended to serve as general market information for the above mentioned community, and only for the above mentioned periods as the market is always changing. If you are a lender, a real estate professional, or a home owner and would like an accurate appraisal of a specific home, feel free to contact us.

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Sections of this post were extracted from wikipedia.org

Independent Real Estate Appraiser in Austin, Texas: Travis, Williamson, Hays, Bastrop and Caldwell Counties