Market Trends in Cat Hollow, Round Rock, Texas – A Year in Review (2024)

Cat Hollow, a charming neighborhood in Round Rock, has showcased notable market activity throughout 2024. With a mix of affordability and luxury, this area continues to attract buyers looking for the ideal combination of location, community, and value. Here’s a look at the latest trends in Cat Hollow’s real estate market, based on data from January through December 2024.

Sales Price Highlights

The analysis of 26 residential listings in Cat Hollow reveals the following sales trends:

• Mid-Range Pricing Dominates: Homes in the $400,000–$600,000 range led the market, with 15 sales in the $400k–$500k range and 22 sales in the $500k–$600k range.

• Strong Activity in the Upscale Market: The $600,000–$700,000 bracket saw 19 sales, and there were 12 homes sold in the $700k–$800k range.

• Luxury Surge: The $800,000–$900,000 range recorded the highest activity in Cat Hollow, with 56 homes sold, reflecting a growing demand for high-end properties.

Days on Market (DOM) Trends

The average days on market (DOM) for properties varied significantly throughout the year, offering insights into buyer activity and seasonal fluctuations:

• Quick Sales in Spring: March recorded the shortest average DOM at just 4 days, followed by February at 6 days, indicating a highly competitive spring market.

• Seasonal Slowdowns: The market saw a slowdown in the fall, with average DOM peaking at 51 days in September. December showed improvement with an average of 42 days on the market.

What These Trends Mean for Buyers and Sellers

• For Buyers:
  If you're looking to buy in Cat Hollow, flexibility and preparation are essential. The luxury segment is particularly competitive, and buyers seeking properties under $800,000 should act quickly in high-demand seasons like spring.

• For Sellers:
  Pricing your home appropriately within the $400k–$900k range could lead to faster sales. Highlighting premium features will attract buyers in the upscale market, where demand is strong.

Conclusion

Cat Hollow continues to thrive as a sought-after neighborhood in Round Rock. With diverse price points and steady market activity, it offers opportunities for buyers and sellers alike. Whether you’re looking to purchase your dream home or list your property, staying informed about these trends will help you navigate the market effectively.

If you're considering making a move in Cat Hollow, connect with a local real estate expert to guide you through the process!