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Preliminary: Williamson County home values jump 12.7 percentPreliminary: Williamson County home values jump 12.7 percenthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=12002015-04-24T12:26:00Z2015-04-24T00:00:00Z

WILLAMSON COUNTY - Preliminary figures for 2015 show home values increasing 12.7 percent in Williamson County — a hot market where housing demand continues to outstrip supply and push prices higher, according to Williamson County Chief Appraiser Alvin Lankford.

The average market value of Williamson County homes increased to $241,860 from $214,682 last year, according to preliminary figures from the Williamson County Appraisal District.

The taxable value of homes — the market value minus exemptions — jumped 9.7 percent on average, to $229,687 from $209,402.

Last year, the average market value and average taxable value rose 10.6 percent and 11.5 percent, respectively.

“The same market factors that increased values before are still happening this year,” Lankford said.

“Williamson County is one of the fastest-growing areas within Texas and the demand for housing has outpaced supply for the last three years.”

Williamson County Market Values
  Average Market
Value
Average Taxable
Value
2015 2014 Chg. 2015 2014 Chg.
City of Cedar Park* $260,437 $233,030 11.76% $250,285 $225,889 10.80%
City of Leander* $209,823 $184,114 13.96% $201,040 $178,041 12.92%
City of Round Rock* $226,177 $205,959 9.82% $217,815 $202,163 7.74%
City of Georgetown $251,986 $227,025 10.99% $232,436 $221,723 4.83%
City of Hutto $164,745 $150,670 9.34% $159,982 $147,122 8.74%
City of Taylor $112,659 $100,300 12.32% $103,726 $97,800 6.05%
Willamson County $241,860 $214,682 12.66% $229,687 $209,402 9.69%


*Williamson County portion only

Austin American-Statesman
Austin-Round Rock
Housing
http://www.mystatesman.com/news/business/home-values-rise-127-percent-in-williamson-county/nk2pg/#72541c6c.3380261.735712Read more at {Source}

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