The Siena Round Rock real estate market in November 2024…
Hello, Siena homeowners! Here’s your November market update with the latest insights into how our neighborhood performed last month. Whether you’re keeping up with trends or planning ahead, here’s what you need to know.
Market Highlights for November
- Active Listings: 29 homes are currently on the market.
- Pending Listings: 3 homes are under contract.
- Homes Sold: 12 homes closed in November.
- Average Sold Price: $419,000.
- Average Price per Square Foot (Sold): $194.
- Days to Sell (Sold): 73 days on average.
- Average Days on Market for Active Listings: 105 days.
- Average Price per Square Foot (Active): $193.
What These Numbers Tell Us
The Siena market saw solid activity in November with 12 homes sold, consistent with October’s sales volume. However, the 29 active listings show that inventory remains relatively high, giving buyers plenty of options.
The average sold price of $419,000 reflects a modest increase from October, highlighting continued demand for Siena homes. At $194 per square foot, prices for sold homes remain aligned with October’s numbers, showing stability in the market.
Homes sold in 73 days on average, which is quicker than the 105-day average for active listings. This suggests that homes priced competitively or with standout features are selling faster, while others may be sitting on the market longer as buyers take their time.
Pending Listings Provide Optimism
The 3 pending sales indicate ongoing interest in the neighborhood, though buyers may be cautious about making final decisions. As we move through the holiday season, activity may slow further, but Siena’s affordability and amenities keep it appealing.
Why Siena Stands Out
Siena continues to attract buyers with its family-friendly vibe, community amenities, and convenient location. Proximity to great schools, shopping, and major highways makes it a top choice for families and professionals alike.
Advice for Homeowners
- For Sellers: While homes are selling, it’s important to stand out in a market with higher inventory. Make sure your home is competitively priced and highlights its best features, such as recent upgrades or unique amenities.
- For Buyers: With more options available, now is a great time to shop around. Look for homes that meet your needs and take advantage of any price adjustments from motivated sellers.
If you’d like to know more about how these numbers impact your home or if you’re curious about its current value, feel free to reach out. I’d be happy to help!
Thank you for being part of what makes Siena such a wonderful community. Wishing you a joyful holiday season! 🏡
Kyle Pfaffe is a local REALTOR and is the Managing Editor for Siena Today since 2016. With a deep understanding of the Siena neighborhood, its builders, community history, and current trends, Kyle effectively serves the real estate needs of the Siena community.
Kyle Pfaffe | Realtor® | 512-636-9707
