Home sales saw double-digit declines in Round Rock, Pflugerville and Hutto this April as stay-at-home orders were in place, according to data the Austin Board of Realtors released May 19. When compared to April 2019, ABoR's five-county metropolitan statistical area coverage zone saw a 21.6% decrease in residential sales in April. Simultaneously, median sales prices increased 3.2% and spent nine fewer days on the market, averaging out to 43 days, per the data set.
“We anticipated a sharp decline in April home sales activity, as it directly correlates with the decline in listings activity recorded in March due to government stay-at-home orders,” ABoR President Romeo Manzanilla said in a May 19 release. “Even with the impact on home sales, homes still spent less time on the market and sold at higher prices than last April. Austin’s housing demand is undeterred, and possibly strengthened by declining inventory.”
In Round Rock, single-family closed sales experienced a 35.6% decrease year over year for April, per ABoR data. The average price of single-family homes increased 3.6% to nearly $331,000, while its median price jumped 5.7% to $300,000, per the data.
Pflugerville's real estate scene recorded an 11.7% downturn in single-family closed sales year over year in April, with the average price increasing 10% to more than $297,000. Townhouse closed sales decreased 50% in Pflugerville, with ABoR data revealing a 40.8% decrease in average price, listed as $132,000.
