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MARCH 25TH - APRIL 8TH
1500 ROYSTON LANE, ROUND ROCK TX.
CELEBRATING EASTER EACH SUNDAY MORNING AT 10:30 AM ON MARCH 25TH, APRIL 1ST AND APRIL 8TH THE GRACE PLACE PRESENTS: "THE GOLDEN TICKET" A RECREATION OF THE WILLIE WONKA STAGE WITH LIVE SKITS, MUSIC AND KEYNOTE MESSAGES THAT DECLARE THE WONDER OF THE SEASON.

ON EASTER SUNDAY ENJOY THE CHOCOLATE FOUNTAIN AND OTHER SPECIAL TREATS! THE GRACE KIDS WILL CELEBRATE EASTER WITH A SPECIAL MESSAGE, EGG HUNTS AND GAMES.
Join us every Sunday at 10:30am
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Sun City Texas Real Estate Report© & Home Sales Summary $/Sq Ft of Sold Properties 13 mo rolling total Feb 2012

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February 2012 Results

Text Version
February 2012 Results
See online at www.SunCityTexasRealEstateReport.com
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February-12 |
February-11 |
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Summary |
Sale Price |
Sale Price |
Change from prior year |
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High |
$265,900 |
$293,500 |
-9.4% |
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Low |
$131,000 |
$132,000 |
-0.8% |
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Average |
$191,177 |
$178,979 |
6.8% |
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Median |
$182,000 |
$165,500 |
10.0% |
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Units Sold |
13 |
25 |
-48.0% |
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Feb YTD 12 |
Feb YTD 11 |
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Summary |
Sale Price |
Sale Price |
Change from prior year |
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High |
$275,000 |
$370,000 |
-25.7% |
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Low |
$110,000 |
$132,000 |
-16.7% |
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Average |
$183,650 |
$201,126 |
-8.7% |
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Median |
$174,500 |
$193,500 |
-9.8% |
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Units Sold |
28 |
41 |
-31.7% |
Data gathered from ACTRIS MLS Feb 8, 2012
Month of February 2012 –Only 13 units were sold compared to 25 one year ago, a 48% short fall. Average and median prices were surprisingly strong given the low volume with a 6.8% and 10% increase respectfully. Sales of high-end homes continues to be sluggish with the top sale only $265,900 down 9.4% for prior year. This is the second month in a row where volume of sales has been significantly down vs. 2011, but not all may be lost, see pending sales note below.
Year To Date February 2012 – As last month, Feb. volume of sales was disappointing, combining for just 28 units closed vs. 41 a year ago, a 32% decrease. Pricing is also soft with average and median prices down 8.7% and 9.8% respectively. High-end homes show the most weakness, down 26% compared to last year at this time. Pending Sales-there are 45 pending sales on the books for Sun City Texas, which is more than enough to erase the current YTD short fall of 13 and match last year’s March sales of just 17. I never like to count the chickens too early, but this poor start to 2012 may be an anomaly. Time will tell.
The Sun City Texas Real Estate Report is an analysis of sales activity for use by consumers who have an interest in Sun City Texas home values. It is not intended for use to value a specific property or predict future valuations. For more information contact Brian@RuggRealty.com or call 512-966-3200.
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Kari and Marvin purchased a new home in Cedar Park. Congratulations on your new home!
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