About 950% increase in Townhouse Construction in Round Rock, Pflugerville, and Hutto

Round rock

In the year to date, 42 new townhouse construction ventures have sprung up in Round Rock, Pflugerville, and Hutto, denoting a 950% expansion, as per the Austin Board of Realtors’ September lodging market report. All the while, a new development for apartment suite ventures in the locale has diminished by almost 38% in the year to date.

September Residential Closings in Round Rock, Pflugerville, Hutto

A similar gander at September private closings and year to date private closings for Round Rock, Pflugerville, and Hutto.

 

In Round Rock, single-family home deals have plunged by roughly 5%, with 1,358 brought deals to a close so far in 2020. The normal cost of a Round Rock home is presently recorded at $337,356, an 8.4% year-over-year increment.

In Pflugerville, the development of new apartments has bounced by 1,700% in the year to date, with 18 new tasks recorded, per ABoR information. Single-family home deals have diminished by over 3%, with 709 brought deals to a close for the year as of September. The normal Pflugerville home cost expanded almost 10% year over year and is currently announced at $292,524.

In Hutto, single-family home deals have diminished by 6.9% in the year to date, with 391 brought deals to a close; in any case, new development for single-family homes has expanded by 2.8% in a similar time range, with 181 recorded. The normal cost of new and existing single-family homes is recorded as $251,525 in Hutto, up by 6.9% from September 2019.

September 2020 Average, Median Home Prices

An investigation of the normal and middle home costs for single-family residences in Round Rock, Pflugerville and Hutto.

For Travis and Williamson regions, private deals hopped by 27.1% and 29.4%, with 1,930 and 1,306 deals, individually.

 

Data Source: Austin Board of Realtors

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