Georgetown, Texas Real Estate Market Overview
Georgetown, Texas is the county seat for Williamson county. Georgetown has become a real hot
spot for residential real estate.
Located just a short 10 minute drive into Round Rock and only a 25 minute drive into
the heart of Austin, Georgetown has attracted a wide range of residents wanting a more laid back
lifestyle than is offered in the larger communities to the south.
Georgetown is currently experiencing another building boom with a wide array of prices available.
The biggest building booms occurred between 1980-1989 and again during 1995-1998. The eighties
period accounts for more than 21% of the existing homes but the 3 year period in the 90's produced
almost 31% of the existing homes.
Many factors have contributed to the growth including the rise of Dell Corporation just down the
road in Round Rock and new shopping centers, restaurants and theaters opening.
The biggest additions have been the opening of Wolf Ranch shopping Center and the Outlet Mall just to the south of the
georgetown city limits.
Georgetown has been attracting many new businesses such as Tasus, a plastics parts supplier for Toyota.
The avg/median home sales price for the last quarter of 2006 was $130,402 with the square foot
cost coming in at $73.
Broken down to bedroom units:
Avg. Sales Price:
- one bedroom-$42,900
- two bedroom-$235,811
- three bedroom-$197,851
- four bedroom-$331,484
According to the 2000 census the Median Value of Owner-Occupied Housing Units: $140,600
compared to the state average of $82,500.
Contact me today and let me help you realize your dream in buying or selling your home
in Georgetown.
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