Rough Hollow Market Recap: Sales Surge and Price Gains in Six Months

Rough Hollow saw a significant shift in market dynamics over the past six months, with median home prices climbing to $990,000. This figure represents a 21.5% increase compared to the prior six-month period and a 0.3% rise year-over-year, based on 47 closed sales. The average price per square foot also climbed 11.0% to $302, while homes spent an average of 44 days on market, down 17.0% from the previous window. ALEX Intelligence analyzed the full dataset to summarize these trends for sellers and buyers. The number of new listings rose to 50, up from 44 in the prior period, helping to stabilize inventory levels. Despite a slight dip in sales volume compared to the same time last year, the market remains active with 27 homes currently active and a months of inventory reading of 3.38. Price negotiations have tightened slightly, with the median close-to-original list ratio improving to 0.95 from 0.92 previously. However, 81% of homes still sold below their original list price. The market continues to favor larger properties, with the median living area growing to 3,565 square feet. These figures reflect a robust recovery in value and activity for this West Austin community over the trailing half-year. Want to see this home? Call or text George at 713.918.9951 for a private showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog