Sonoma - Round Rock, Texas - Neighborhood Sales Report - First Quarter 2008
Jason Crouch
Sonoma is a terrific neighborhood located in east Round Rock, just off Gattis School Road. With two theme pools, two lakes, and a playground area, Sonoma is also located adjacent to the Round Rock hike-and-bike trail system. It was awarded the prestigious MAX Award for "Best Overall Community" a few years ago.
Currently, there are 30 homes available on the MLS in Sonoma, with an average asking price of $268,694. The average square footage for these homes is 2,742, for an average price per square foot of $98.86.
Presently, there are 9 homes under contract in the subdivision, with an average listing price of $231,357, and an average square footage of 2,548, yielding an average price per square foot of $90.80. This is about a dollar higher than the last quarter of 2007.
Over the past quarter (January through March 2008), there were 12 sales closed within Sonoma. The average listing price was $229,687 and the average sales price was $219,271. This means that homes sold for approximately 95.47% of the list price. The average number of days on the market was 66, which is about 15 days less than the average for the entire Austin MLS. The square footage of the homes sold averaged 2,455, and the price per square foot for the sales was $90. This is an increase of about $2/sq. ft. over last quarter.
In other area news:
Located at the southwest corner of the intersection of the toll roads (45 and 130), Stone Hill Town Center is slated to open within a few months, and it promises over 1,000,000 square feet of shopping and entertainment. Home Depot should open very soon, followed by Best Buy, Chili's, several retail clothing stores, a large Cinemark theater, and 24-Hour Fitness. If you would like to see the proposed layout, you can visit the developer's website and see the site plan here:
If you are a consumer living in another area and you are interested in seeing the trends in your particular neighborhood, please don't hesitate to contact me, and I can create a custom report for you. All of my contact information is below.
If you are considering selling your home in Sonoma (or anywhere in the general Austin area), please feel free to give me a call. I would love the opportunity to help you get it sold quickly. You can visit my primary website at www.austintexashomes.com. You can also reach me anytime on my cell phone at 512-796-7653 or via email at jason@austintexashomes.com. Thanks for checking out this brief analysis!
