Avg. home prices continue to spike in Round Rock, Pflugerville, Hutto despite winter storm

The February winter storm caused Austin-area home sales to decrease by 8%; however, homebuyers are seeing significantly higher average home prices in Round Rock, Pflugerville and Hutto. (Amy Bryant/Community Impact Newspaper)
The February winter storm caused Austin-area home sales to decrease by 8%; however, homebuyers are seeing significantly higher average home prices in Round Rock, Pflugerville and Hutto. (Amy Bryant/Community Impact Newspaper)

The February winter storm caused Austin-area home sales to decrease by 8%; however, homebuyers are seeing significantly higher average home prices in Round Rock, Pflugerville and Hutto. (Amy Bryant/Community Impact Newspaper)

Austin-area home sales decreased by 8% in February as a result of the winter storm, the first sales decline since June 2020, according to a March 18 Austin Board of Realtors news release. The Austin region reported a total of 2,389 sales during the month.

Round Rock

In Round Rock, single-family home sales dipped 16.7%, with 95 closed sales. In the year to date, there have been 187 single-family home sales, a year-over-year decrease of 5.6% from February 2020.

However, the average single-family home price was reported at $397,219—a 26.7% year-over-year spike. The average home price year to date is reported at $375,030, up 17.5%.

Pflugerville


For Pflugerville, single-family home sales did increase slightly by 1.6% in February, with 64 closed sales. There have been 134 closed home sales in the year to date, up 12.6%.

The average single-family home price in Pflugerville increased by 22.4% year over year, recorded at $344,184. From a year-to-date standpoint, the average home price is $339,737, a 19.9% uptick.

Hutto

Within Hutto, single-family home sales decreased 51.6% in February, with 31 closed sales documented. There have been 68 closed sales year to date, down 41.9%, per ABoR data.

On trend with area Central Texas communities, the average home price jumped 24.4% year over year in February to $308,306. For the year to date, the average price is listed at $296,565, up 20.6%.

“Although the winter storms slowed activity in February, this does not indicate a market slowdown. We’re still very much in a seller's market,” 2021 ABoR President Susan Horton said in the release. “Across the region, a high quantity of offers, cash offers and requests to waive appraisals or option fees are increasingly commonplace."


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