Williamson County

Market Snapshot
April 2018

6 .4%

2,172 945 2,076 904

4 .2%

.4%$314,419
216,500
275,000
$ $
281,249 99
97.2% $$
216,000
277,383 97
99
97.9%
.2%
.3%
Median
Median
Median
Sales
Sales
Sales
Price
PricePrice
Sold
Sold Price
Price to Average
to List
List Price Sales
Price Price
Median
Median Sales
Sales Price
Price Sold
Sold
SoldPrice
Price
Pricetoto
toList
List
ListPrice
Price
Price

1
-1.1%
4.2%4.2%
YOY YOY Ratio
Ratio 6.2% YOY -1.1%
4.6% YOY Ratio
Ratio
Ratio

.0%
0.1%
7.8%
49.3%
25.6%
10.1%
6.3%
0.6%
0.2%
 Austin-Round Rock MSA
Market Snapshot
April 2018

5 .6%

6,991 2,989 4,648 2,455

5
.0%

$
315,000 $
397,021 97.7%
Median Sales Price AverSales Price Sold Price to List Price

2
5.0% YOY 9.0% YOY Ratio

.9%
0.3%
8.9%
37.4%
22.4%
12.7%
10.9%
3.8%
3.7%
 Cedar Park
Market Snapshot
April 2018

13 .0%

183 100 145 91

8.5%

$ $
310,000 98.4%$347,684
295,950 $
319,000 98
98.8%
.4%
Median
Median
SalesSales Sold Price to List AverSales
PricePrice Price Price Sales Price Sold
Median SoldPrice
PricetotoList
ListPrice
Price

24
3.7% 8.5%
YOY YOY Ratio 12.3% YOY 8.1% YOY Ratio
Ratio

.4%
0.0%
1.1%
44.6%
22.8%
20.7%
10.9%
0.0%
0.0%
 Hutto
Market Snapshot
April 2018

27 .7%

72 47 72 47

0 .3%

$ $
217,750 99.2%$224,559
216,500 $
216,000 99
99.6%
.2%
Median
Median
SalesSales Sold Price to List AverSales
PricePrice Price Price Sales Price Sold
Median SoldPrice
PricetotoList
ListPrice
Price

4
-1.1%-0.3%
YOY YOY Ratio 0.2% YOY -1.1% YOY Ratio
Ratio

.4%
0.0%
15.9%
84.1%
0.0%
0.0%
0.0%
0.0%
0.0%
 Georgetown
Market Snapshot
April 2018

19 .8%

307 127 241 108

2 .7%

$ $
254,990 96.5%$290,351
258,995 $
261,000 97
96.5%
.5%
Median
Median
SalesSales Sold Price to List AverSales
PricePrice Price Price Sales Price Sold
Median SoldPrice
PricetotoList
ListPrice
Price

15
0.1%-2.7%
YOY YOY Ratio -4.5% YOY 0.9% YOY Ratio
Ratio

.9%
0.8%
5.8%
62.0%
19.0%
6.6%
5.8%
0.0%
0.0%
 Leander
Market Snapshot
April 2018

0 .0%

295 97 291 97

1 .8%

280,000
216,500
275,000
$ $
280,000 99
97.2%
.4%$
.1% 350,378
$$
216,000
277,383
350500 97
99
96
97.1%
.2%
.3%
.8%
Median
Median
Median
Sales
Sales
Sales
Price
PricePrice
Sold
Sold Price
Price to Average
to List
List Price Sales
Price Price
Median
Median Sales
Sales Price
Price Sold
Sold
SoldPrice
Price
Pricetoto
toList
List
ListPrice
Price
Price

0
-1.1%
4.2%
1.8%1.8%
YOYYOY Ratio
Ratio 9.4% YOY -1.1%
22.2%
4.6% YOY
YOY Ratio
Ratio
Ratio

.0%
0.0%
5.6%
49.4%
27.0%
6.7%
7.9%
2.3%
1.1%
 Round Rock
Market Snapshot
April 2018

20 .3%

286 184 266 178

12 .8%

253,000
216,500
275,000
$ $
270,644 99
97.9%
$
.2%
.4% 293,928
$$
216,000
259,000
277,383 98
99
97.4%
.9%
.2%
.3%
Median
Median
Median
Sales
SalesSales
Price
PricePrice
Sold
Sold Price
Price to Average
to List
List Price Sales
Price Price
Median
Median Sales
Sales Price
Price Sold
Sold
SoldPrice
Price
Pricetoto
toList
List
ListPrice
Price
Price

6
-1.1%
6.3%
4.2%12.8%
YOY YOY Ratio
Ratio 9.8% YOY -1.1%
7.0%
4.6% YOY
YOY Ratio
Ratio
Ratio

.7%
0.0%
6.4%
56.4%
23.8%
10.5%
2.3%
0.6%
0.0%
 Ta y l o r
Market Snapshot
March 2018

8 .7%

36 25 35 25

11 .2%

.4%$192,233
216,500
275,000
195,500
$ $
193,900 99
97.2%
.5% $$
216,000
195,500
277,383 97
99
97.8%
.2%
.5%
.3%
Median
Median
Median
Sales
SalesSales
Price
PricePrice
Sold
Sold Price
Price to Average
to List
List Price Sales
Price Price
Median
Median Sales
Sales Price
Price Sold
Sold
SoldPrice
Price
Pricetoto
toList
List
ListPrice
Price
Price

12
28.0%
-1.1%
4.2%11.2%
YOY
YOYYOY Ratio
Ratio -5.3% YOY -1.1%
11.2%
4.6% YOY
YOY Ratio
Ratio
Ratio

.2%
0.0%
62.5%
37.5%
0.0%
0.0%
0.0%
0.0%
0.0%
 Contact: Kent Prickett
512.255.6211 x 104
kent@wcrealtors.org

Home Prices Continue to Rise

Williamson County Association of REALTORS® releases real estate statistics for April 2018

Round Rock, Texas – 17 May 2018 – Home sales in Williamson County increased 6.4 % in April 2018.
Additionally, home prices increased 4.2% (when compared year over year), according to the April 2018
Williamson County Housing Market Report released today by the Williamson County Association of
REALTORS®.

According to the April 2018 Williamson County Housing Market Report, the median home price for all
residential properties was $281,249, an increase of 4.2% when compared to April 2017. The median price
in Williamson County is hovering $33,750 less than the Austin MSA Median Price of $315,000.

“Williamson County homes sales are starting to heat up!”, said Victoria Reviel 2018 President of the
Williamson County Association of REALTORS®. Reviel explained “Over 151 people per day are moving to
Central Texas according to the U.S. Census Bureau. Based on this explosive growth we’re seeing, I believe
this summer will be another strong season to buy or sell a home in this beautiful area. There are many
new subdivisions being completed with multiple new home builders offering buyers incentives and price
points that fit in most peoples’ price range.”

Based on the numbers in the Housing Report, 19.8% of Williamson County sales reported in the MLS were
new construction. This number is higher than the Austin-Round Rock MSA (17.9%) and the state of Texas
(14.1%). The ratio of new homes sold has actually decreased month-over-month in Williamson County,
showing that the demand for new homes might be dwindling across the county.

Furthermore, the new construction market is showing a median price of $307,000, 11.8% more than the
median price for existing homes sales ($275,000) in April. Currently, there are 923 active new construction
listings reported across Williamson County, compared to 1,249 existing home listings. These numbers
support a decrease in the desirability of new homes across the county. This decrease can be attributed to
rising interest rates, and the increase in pricing.

During the month of April, Williamson County had a total of 2.3 months of inventory and a 1.0 % increase
in listings compared to last April. Based on these numbers, Williamson County is still in a strong seller’s
market; the Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a
market in which supply and demand for homes are balanced. Even though the number of listings and the
total days on market has increased, it has not greatly affected the market conditions.

During April, existing homes spent an average of 33 days on the market, as compared to a new
construction home which averaged 118 days on the market.
Quick Stats for April 2018 – All Residential Properties
• 945 – Homes sold, 6.4 percent more than April 2017.
• $281,249– Median price for homes, 4.2 percent more than April 2017.
• $314,419 – Average price for homes, 6.2 percent more than April 2017.
• 2.3 – Monthly housing inventory in April 2018.
• 2,172 Active home listings on the market in April 2018.

Quick Stats for April 2018 –Existing Home Properties

• 759 – Homes sold, 11.6 percent more than April 2017.
• $275,000 – Median price for homes, 7.1 percent change from April 2017.
• $308,156 – Average price for homes, 9.3 percent change from April 2017.
• 1.8 – Monthly housing inventory in April 2018.
• 1,178 – Active home listings on the market in April 2018.

Quick Stats for April 2018 –New Construction Properties

• 187 – Homes sold, 10.1 percent less than April 2017.
• $307,340– Median price for homes, 3.4 percent less than April 2017.
• $339,871– Average price for homes, 0.8 percent less than April 2017.
• 3.8 – Monthly housing inventory in April 2018.
• 923 – Active home listings on the market in April 2018.

“Each city in Williamson County has their own mini real estate market. In April, Sales in Cedar Park
plummeted 13%, and right next door in Leander, sales flattened. Round Rock and Georgetown saw the
largest growth with 20.3 and 19.8 percent increases in sales respectively.” said Reviel. “Consult with a
REALTOR®, a member of the NATIONAL ASSOCIATION OF REALTORS®, before making your next major
move, and make sure whoever you decide to work with know the market in which you are looking.”

About the data in this report

Certain information contained herein is derived from MLS listing data provided by Austin/Central Texas
Realty Information Service as well as the Central Texas Multiple Listing Service through the Texas
REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the
Real Estate Center at Texas A&M and the Texas Association of REALTORS®.

"The Mission of the Williamson County Association of REALTORS® is to help its members meet present and future real estate
challenges in Williamson County, to enhance and promote REALTOR® members’ professionalism, to encourage member
involvement in the various communities of Williamson County, and to provide quality services for its members."