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 32 homes available on the MLS in Sonoma, with an average asking price of $257,511. The average square footage for these homes is 2,573, for an average price per square foot of just a hair over $100.
Presently, there are 3 homes under contract in the subdivision, with an average listing price of $242,074, and an average square footage of 2,719, yielding an average price per square foot of $89.03.
Over the past quarter (September through December 2007), there were 26 sales closed within Sonoma. The average listing price was $226,848 and the average sales price was $219,579. This means that homes sold for approximately 96.8% of the list price. The average number of days on the market was 57, which is about 20 days less than the average for the Austin MLS. The square footage of the homes sold averaged 2,536, and the price per square foot for the sales was $87.82.
In other area news:
Located just around the corner at the intersection of the newest area 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, Best Buy, Chili's, several retail clothing stores, a large Cinemark theater, and a fitness center are among the anticipated tenants.
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!
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I have been working as a full-time Austin area Realtor since January 1997. My years of experience serve me well as the broker and co-owner of Austin Texas Homes, LLC, which began operations in 2004.
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JASON - I can't believe how affordable homes are inside of a community that was voted "best overall." Those prices almost don't exist here, and when they do, the homes are no where near 2500 square feet.
ADAM - Let me know when you are ready to make the move to Austin. You will have to give up harsh winters, though.
Jason:
Hey good post. Tell Adam we will save him a spot maybe a 4000 sq. ft. home for around 350000. Ha.
Just don't tell him about he taxes, Ha
The tax rate is about 2.6 - 2.8% in Round Rock, and they are not necessarily reassessed according to selling price. They try to keep it close to the market value.